Notable Analyst Rating Changes 05/18: (RIMM) (KBH) (UA) Upgraded; (HPQ) (DKS) (SPLS) Downgraded
UPGRADES
Bernstein ups Research In Motion Ltd. (Nasdaq: RIMM) from Underperform to Market Perform, maintaining a $40 price target.
UBS lifts KB Home (NYSE: KBH) from Sell to Neutral, cutting its price target from $12 to $11. Click Here for more color.
Citi boosts Under Armour, Inc. (NYSE: UA) from Hold to Buy, increasing its price target from $74 to $78.
Susquehanna upgrades Trina Solar (NYSE: TSL) from Negative to Neutral.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Hewlett-Packard (NYSE: HPQ) downgraded by two today:
Citi cuts Staples, Inc. (Nasdaq: SPLS) from Buy to Hold.
Goldman Sachs reduces Nielsen Holdings (NYSE: NLSN) from Buy to Neutral. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Dahlman Rose starts CVR Energy (NYSE: CVI) with a Buy, and $30 price target. Click Here for more color.
Cowen initiates VeriSign (Nasdaq: VRSN) with an Outperform.
Dahlman Rose begins CVR Partners (NYSE: UAN) at Hold. Click Here for more color.
Golar LNG Partners (Nasdaq: GMLP) started by several firms today:
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Bernstein ups Research In Motion Ltd. (Nasdaq: RIMM) from Underperform to Market Perform, maintaining a $40 price target.
UBS lifts KB Home (NYSE: KBH) from Sell to Neutral, cutting its price target from $12 to $11. Click Here for more color.
Citi boosts Under Armour, Inc. (NYSE: UA) from Hold to Buy, increasing its price target from $74 to $78.
Susquehanna upgrades Trina Solar (NYSE: TSL) from Negative to Neutral.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Hewlett-Packard (NYSE: HPQ) downgraded by two today:
- JPMorgan from Overweight to Neutral, with a price target cut from $55 to $42; and
- Brean Murray Carret & Co. from Buy to Hold. Click Here for more color.
Citi cuts Staples, Inc. (Nasdaq: SPLS) from Buy to Hold.
Goldman Sachs reduces Nielsen Holdings (NYSE: NLSN) from Buy to Neutral. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Dahlman Rose starts CVR Energy (NYSE: CVI) with a Buy, and $30 price target. Click Here for more color.
Cowen initiates VeriSign (Nasdaq: VRSN) with an Outperform.
Dahlman Rose begins CVR Partners (NYSE: UAN) at Hold. Click Here for more color.
Golar LNG Partners (Nasdaq: GMLP) started by several firms today:
- Wells Fargo with a Market Perform, and valuation range of $24 - $26. Click Here for more color;
- Citi at Buy, and $30 price target;
- BofA/Merrill Lynch with a Neutral, and $26 price target;
- RBC Capital an Outperform, and $29 price target;
- Morgan Stanley with an Overweight, and $31 price target; and
- Raymond James at Outperform, and $28 price target.
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Brean Murray Carret & Co., UBS, JPMorgan, Citi, Raymond James, Morgan Stanley, Merrill Lynch, Bank of America, RBC Capital, Sterne Agee, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Cowen & Co, Wells FargoSign up for StreetInsider Free!
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