Notable Analyst Rating Changes 06/12: (BA) (BX) (ASBC) Upgraded; (COOL) (GAME) (LSTR) Downgraded

June 12, 2012 11:09 AM EDT Send to a Friend
UPGRADES
Bernstein lifts Boeing (NYSE: BA) from Market Perform to Outperform, increasing its price target $7 to $92.

Barclays upgrades The Blackstone Group (NYSE: BX) from Equalweight to Overweight, setting a new price target of $15 (down from $18 prior).

Raymond James raises Associated Banc-Corp (Nasdaq: ASBC) from Underperform to Market Perform

Argus boosts HollyFrontier (NYSE: HFC) from Hold to Buy.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Northland Securities trims Majesco Entertainment (Nasdaq: COOL) from Outperform to Market Perform.

Lazard Capital lops Shanda Games (Nasdaq: GAME) from Buy to Neutral.

Stephens reduces Landstar System (Nasdaq: LSTR) from Overweight to Equal Weight with a price target of $57 (from $61).

Baird moves TeleNav (Nasdaq: TNAV) from Neutral to Underperform, halving its price target from $8 to $4.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Morgan Stanley initiates United Rentals (NYSE: URI) at Overweight and $46 price target.

The Carlyle Group LP (Nasdaq: CG) started by a gaggle of firms:
  • Morgan Stanley at Equalweight and $28 target;

  • Deutsche Bank at Hold and $22 target. Click Here for more color;

  • Goldman Sachs at Neutral and $22 target. Click Here for more color;

  • JPMorgan with an Overweight and $26 target;

  • Barclays with an Equalweight and target of $23;

  • Credit Suisse with an Outperform and $37 target;

  • Nomura Securities with a Neutral rating and $22 target. Click Here for more color;

  • Citi with a Buy and $29 target;

  • Keefe, Bruyette & Woods at Outperform and price target of $26; and

  • UBS with a Buy and $25 price target.
Pacific Coast Oil Trust (NYSE: ROYT) started by a slew of firms:
  • J.P. Morgan at Neutral with a $17 price target;

  • BofA/Merrill Lynch with a Neutral and $20 target;

  • UBS with a Buy and $22 target;

  • Wells Fargo begins at Outperform with a valuation range of $21 to $23. Click Here for more color.

  • Barclays at Overweight and $22 price target.
CapitalOne starts Marathon Oil (NYSE: MRO) with a Add and $36 price target.

Maxim Group starts Tellabs (Nasdaq: TLAB) with a Buy and $4.50 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.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Special Reports

Related Entities

Credit Suisse, Keefe, Bruyette & Woods, Deutsche Bank, UBS, JPMorgan, Citi, Raymond James, Morgan Stanley, Merrill Lynch, Robert W Baird, Bank of America, Lazard, The Carlyle Group, Barclays, Argus, Nomura, Maxim Group, Notable Analyst Rating Changes, Northland Securities, Wells Fargo

Add Your Comment