Notable Analyst Rating Changes 05/16: (CSCO) (FOSL) (RIG) Upgraded; (KLAC) (PCX) (LRCX) Downgraded

May 16, 2012 10:57 AM EDT Send to a Friend
Barclays upgrades Cisco (Nasdaq: CSCO) from Equalweight to Overweight with a price target of $21. Click Here for more color.

Cit raises Fossil (Nasdaq: FOSL) from Neutral to Buy.

Macquarie boosts Transocean (NYSE: RIG) from Underperform to Neutral with a price target of $53.

Canaccord Genuity lifts SandRidge Energy (NYSE: SD) from Sell to Hold. Click Here for more color.

For daily real-time Upgrades go to

JPMorgan downgrades KLA-Tencor (Nasdaq: KLAC) from Neutral to Underweight with a price target of $42.

FBR Capital cuts Patriot Coal (NYSE: PCX) from Outperform to Market Perform, lowering its price target from $9 to $4.

JPMorgan lowers Lam Research (Nasdaq: LRCX) from Neutral to Underweight, its price target lowered from $44 to $35.

JPMorgan trims Novellus (Nasdaq: NVLS) from Neutral to Underweight, price target lowered from $49.50 to $39.50.

For daily real-time Downgrades go to

Pacific Crest initiates LSI Corporation (NYSE: LSI) with an Outperform and $11 target.

JMP Securities commences KIT Digital (Nasdaq: KITD) with a Market Perform.

Credit Suisse starts Hatteras Financial (NYSE: HTS) with a Neutral and $29 target.

Stephens begins Symantec (Nasdaq: SYMC) with an Equal Weight and $17 target.

For daily real-time New Coverage go to

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Special Reports

Related Entities

Credit Suisse, JPMorgan, JMP Securities, Barclays, Pacific Crest Securities, Notable Analyst Rating Changes

Add Your Comment