Notable Analyst Rating Changes 06/13: (CHS) (UA) (MGM) Upgraded; (NOK) (FCS) (BMS) Downgraded
UPGRADES
JPMorgan upgrades Chicos, Inc. (NYSE: CHS) from Neutral to Overweight.
Sterne Agee lifts Under Armour, Inc. (NYSE: UA) from Neutral to Buy.
Bernstein raises MGM Mirage (NYSE: MGM) from Market Perform to Outperform with a $17 price target.
Morgan Stanley boosts A123 Systems (Nasdaq: AONE) from Equal Weight to Overweight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Wunderlich Securities cuts Nokia (NYSE: NOK) from Buy to Hold.
Baird downgrades Fairchild Semi (NYSE: FCS) from Outperform to Neutral, cutting its price target from $28 to $17.
Stifel Nicolaus lowers Molson Coors (NYSE: TAP) from Buy to Hold.
Goldman Sachs reduces Bemis (NYSE: BMS) from Neutral to Sell and cut its price target from $35 to $33, citing higher resin costs.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Boingo Wireless (Nasdaq: WIFI) started by several firms today:
William Blair begins Mead Johnson Nutrition (NYSE: MJN) with an Outperform.
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JPMorgan upgrades Chicos, Inc. (NYSE: CHS) from Neutral to Overweight.
Sterne Agee lifts Under Armour, Inc. (NYSE: UA) from Neutral to Buy.
Bernstein raises MGM Mirage (NYSE: MGM) from Market Perform to Outperform with a $17 price target.
Morgan Stanley boosts A123 Systems (Nasdaq: AONE) from Equal Weight to Overweight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Wunderlich Securities cuts Nokia (NYSE: NOK) from Buy to Hold.
Baird downgrades Fairchild Semi (NYSE: FCS) from Outperform to Neutral, cutting its price target from $28 to $17.
Stifel Nicolaus lowers Molson Coors (NYSE: TAP) from Buy to Hold.
Goldman Sachs reduces Bemis (NYSE: BMS) from Neutral to Sell and cut its price target from $35 to $33, citing higher resin costs.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Boingo Wireless (Nasdaq: WIFI) started by several firms today:
- Deutsche Bank initiates at Buy, and $15 price target;
- William Blair with an Outperform;
- Pacific Crest at Outperform, and $13 price target; and
- Credit Suisse at Outperform, and $14 price target.
- Oppenheimer at Outperform, and $12 price target; and
- Deutsche Bank with a Hold, and price target of $8.42. Click Here for more color.
William Blair begins Mead Johnson Nutrition (NYSE: MJN) with an Outperform.
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