Notable Analyst Rating Changes 06/09: EQIX, POT, BTU, VALE Upgraded; EVVV, RST, FFIV, WTNY Downgraded
UPGRADES
Citi upgrades Equinix Inc (Nasdaq: EQIX) from Hold to Buy. PT $110. Click Here for more color.
UBS upgrades Potash (NYSE: POT) from Neutral to Buy, with a price target increased from $106 to $112. Click Here for more color.
BMO Capital upgrades Peabody Energy (NYSE: BTU) from Market Perform to Outperform, with a price target of $49.
UBS upgrades Vale (NYSE: VALE) from Neutral to Buy, with a price target lowered from $38.50 to $32. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Baird downgrades ev3, Inc. (Nasdaq: EVVV) from Outperform to Neutral, with a price target of $22.
Baird downgrades Rosetta Stone (NYSE: RST) from Outperform to Neutral, and lowers their price target from $30 to $26.
Ticonderoga Securities downgrades F5 Networks (Nasdaq: FFIV) from Buy to Neutral. Click Here for more color.
Macquarie downgrades Whitney Holding (Nasdaq: WTNY) from Neutral to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Cantor Fitzgerald initiates coverage on Avanir Pharmaceuticals, Inc. (Nasdaq: AVNR) with a Buy rating. Price target $8. Click Here for more color.
Canaccord Adams initiates coverage on Codexis, Inc. (Nasdaq: CDXS) with a Buy rating, and price target of $13. Click Here for more color.
J.P. Morgan initiates coverage on Sonic Solutions (Nasdaq: SNIC) with an Overweight rating and $13 price target.
Cantor Fitzgerald initiates coverage on Nektar Therapeutics (Nasdaq: NKTR) with a Buy rating and price target of $21. Click Here for more color.
ThinkEquity starts Baidu (Nasdaq: BIDU) with a Buy ratings and $94 price target.
An analyst at Ladenburg Thalmann initiated coverage on several Banking stocks this morning:
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Citi upgrades Equinix Inc (Nasdaq: EQIX) from Hold to Buy. PT $110. Click Here for more color.
UBS upgrades Potash (NYSE: POT) from Neutral to Buy, with a price target increased from $106 to $112. Click Here for more color.
BMO Capital upgrades Peabody Energy (NYSE: BTU) from Market Perform to Outperform, with a price target of $49.
UBS upgrades Vale (NYSE: VALE) from Neutral to Buy, with a price target lowered from $38.50 to $32. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Baird downgrades ev3, Inc. (Nasdaq: EVVV) from Outperform to Neutral, with a price target of $22.
Baird downgrades Rosetta Stone (NYSE: RST) from Outperform to Neutral, and lowers their price target from $30 to $26.
Ticonderoga Securities downgrades F5 Networks (Nasdaq: FFIV) from Buy to Neutral. Click Here for more color.
Macquarie downgrades Whitney Holding (Nasdaq: WTNY) from Neutral to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Cantor Fitzgerald initiates coverage on Avanir Pharmaceuticals, Inc. (Nasdaq: AVNR) with a Buy rating. Price target $8. Click Here for more color.
Canaccord Adams initiates coverage on Codexis, Inc. (Nasdaq: CDXS) with a Buy rating, and price target of $13. Click Here for more color.
J.P. Morgan initiates coverage on Sonic Solutions (Nasdaq: SNIC) with an Overweight rating and $13 price target.
Cantor Fitzgerald initiates coverage on Nektar Therapeutics (Nasdaq: NKTR) with a Buy rating and price target of $21. Click Here for more color.
ThinkEquity starts Baidu (Nasdaq: BIDU) with a Buy ratings and $94 price target.
An analyst at Ladenburg Thalmann initiated coverage on several Banking stocks this morning:
- PNC Financial (NYSE: PNC) with a Buy rating
- US Bancorp (NYSE: USB) with a Buy rating
- KeyCorp (NYSE: KEY) with a Neutral rating
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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