Notable Analyst Rating Changes 06/14: (RF) (NKE) (BBY) Upgraded; (ADBE) (SAPE) (TSM) Downgraded

June 14, 2012 11:06 AM EDT Send to a Friend
UPGRADES
Goldman Sachs lifts Regions Financial (NYSE: RF) from Neutral to Buy with a price target of $8. Click Here for more color.

McAdams Wright Ragen raises Nike (NYSE: NKE) from Sell to Hold.

Citi upgrades of Best Buy (NYSE: BBY) from Sell to Neutral.

Albert Fried & Company raises Pandora (NYSE: P) from Market Perform to Overweight, with a price target of $13.

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

DOWNGRADES
Jefferies lowers Adobe (Nasdaq: ADBE) from Buy to Hold with a price target of $32.00 (from $38.00). Click Here for more color.

Raymond James slices Sapient (Nasdaq: SAPE) from Strong Buy to Outperform.

BNP Paribas lowers Taiwan Semiconductor (NYSE: TSM) from Buy to Hold.

Baird cuts Nokia (NYSE: NOK) from Neutral to Underperform.

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

NEW COVERAGE
Lazard Capital starts Tesla Motors (Nasdaq: TSLA) with a Buy rating and $42 price target.

Wells Fargo assumes XenoPort (Nasdaq: XNPT) at Outperform and $7 to $9 valuation range. Click Here for more color.

Maxim Group initiates Idenix Pharmaceuticals Inc. (Nasdaq: IDIX) with a Buy and price target of $11.

Ladenburg Thalmann begins Cardium Therapeutics (NYSE: CXM) with a Buy and 50 cent 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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Citi, Raymond James, Jefferies & Co, Robert W Baird, Lazard, Maxim Group, Ladenburg Thalmann Financial Services, Notable Analyst Rating Changes, Tesla, Wells Fargo

Add Your Comment