Notable Analyst Rating Changes 06/08: (BOBE) (EBAY) (VZ) Upgraded; (IPXL) (QNST) (SPWRA) Downgraded
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UPGRADES
Miller Tabak upgraded Bob Evans Farms (Nasdaq: BOBE) from Hold to Buy.
Oppenheimer raises Verizon Communications (NYSE: VZ) from Perform to Outperform, setting a new $42 price target on the stock.
Pacific Crest lifts eBay (Nasdaq: EBAY) from Sector Perform to Outperform.
Susquehanna ups 51job (Nasdaq: JOBS) from Neutral to Positive.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
JPMorgan downgrades Impax Laboratories (Nasdaq: IPXL) from Overweight to Neutral, its price target lowered from $28 to $26.
QuinStreet, Inc. (Nasdaq: QNST), lowered by two today:
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Goldman Sachs initiates American International Group (NYSE: AIG) with a Neutral rating and $31 price target. Click Here for more color.
Auriga resumes Marvell (NASDAQ: MRVL) with a Buy, and $18 price target. Click Here for more color.
BMO Capital starts Provident Energy (NYSE: PVX) with a Market Perform, and $9 price target.
Lazard Capital begins NetLogic (Nasdaq: NETL) at Hold.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Miller Tabak upgraded Bob Evans Farms (Nasdaq: BOBE) from Hold to Buy.
Oppenheimer raises Verizon Communications (NYSE: VZ) from Perform to Outperform, setting a new $42 price target on the stock.
Pacific Crest lifts eBay (Nasdaq: EBAY) from Sector Perform to Outperform.
Susquehanna ups 51job (Nasdaq: JOBS) from Neutral to Positive.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
JPMorgan downgrades Impax Laboratories (Nasdaq: IPXL) from Overweight to Neutral, its price target lowered from $28 to $26.
QuinStreet, Inc. (Nasdaq: QNST), lowered by two today:
- BofA/Merrill Lynch from Buy to Neutral; and
- Stifel Nicolaus from Buy to Hold.
- Needham & Company to Underperform. Click Here for more color;
- Jefferies from Buy to Hold and lowered their price target from $26 to $19. Click Here for more color; and
- Macquarie from Outperform to Neutral, its price target lowered from $23.50 to $21.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Goldman Sachs initiates American International Group (NYSE: AIG) with a Neutral rating and $31 price target. Click Here for more color.
Auriga resumes Marvell (NASDAQ: MRVL) with a Buy, and $18 price target. Click Here for more color.
BMO Capital starts Provident Energy (NYSE: PVX) with a Market Perform, and $9 price target.
Lazard Capital begins NetLogic (Nasdaq: NETL) at Hold.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Stifel, JPMorgan, Jefferies & Co, Needham & Company, BMO Capital, Lazard, Barclays, Pacific Crest Securities, Susquehanna International Group of Companies, Notable Analyst Rating Changes, AurigaSign up for StreetInsider Free!
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