Notable Analyst Rating Changes 06/11: (EMC) (PGN) (SKX) Upgraded; (AKS) (PGR) (AEM) Downgraded
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UPGRADES
Cantor Fitzgerald upgrades EMC (NYSE: EMC) from Hold to Buy with a price target of $30 (from $31). Click Here for more color.
ISI Group lifts Progress Energy (NYSE: PGN) from Sell to Hold.
Sterne Agee raises Skechers USA (NYSE: SKX) from Neutral to Buy.
UBS boosts NVIDIA (Nasdaq: NVDA) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
AK Steel (NYSE: AKS) cut by two:
HSBC reducs Agnico-Eagle Mines Ltd. (NYSE: AEM) from Overweight to Neutral with a price target of $47.
Susquehanna downgrades Marvell (Nasdaq: MRVL) from Positive to Neutral, moving its price target from $19 down to $14.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Wedbush starts Broadcom (Nasdaq: BRCM) with an Outperform and $40 price target. Click Here for more color.
Baird assumes Pacific Coast Oil Trust (NYSE: ROYT) with an Outperform and price target of $20.
CapitalOne starts Cheniere Energy (NYSE: LNG) with an Add rating and a $20 price target.
BMO Capital initiates Franklin Street Properties (NYSE: FSP) with a Market Perform and $11 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Cantor Fitzgerald upgrades EMC (NYSE: EMC) from Hold to Buy with a price target of $30 (from $31). Click Here for more color.
ISI Group lifts Progress Energy (NYSE: PGN) from Sell to Hold.
Sterne Agee raises Skechers USA (NYSE: SKX) from Neutral to Buy.
UBS boosts NVIDIA (Nasdaq: NVDA) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
AK Steel (NYSE: AKS) cut by two:
- Dahlman Rose from Buy to Hold. Click Here for more color.; and
- Goldman Sachs from Neutral to Sell with a price target of $5, down from $6 prior. Click Here for more color.
HSBC reducs Agnico-Eagle Mines Ltd. (NYSE: AEM) from Overweight to Neutral with a price target of $47.
Susquehanna downgrades Marvell (Nasdaq: MRVL) from Positive to Neutral, moving its price target from $19 down to $14.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Wedbush starts Broadcom (Nasdaq: BRCM) with an Outperform and $40 price target. Click Here for more color.
Baird assumes Pacific Coast Oil Trust (NYSE: ROYT) with an Outperform and price target of $20.
CapitalOne starts Cheniere Energy (NYSE: LNG) with an Add rating and a $20 price target.
BMO Capital initiates Franklin Street Properties (NYSE: FSP) with a Market Perform and $11 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
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UBS, Cantor Fitzgerald, Robert W Baird, BMO Capital, Sterne Agee, HSBC, Susquehanna International Group of Companies, Notable Analyst Rating ChangesSign up for StreetInsider Free!
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