Notable Analyst Rating Changes 06/20: (CSCO) (AMAT) (MPC) Upgraded; (SO) (CIO) (APKT) Downgraded


FREE Breaking News Alerts from StreetInsider.com!

E-mail Address
June 20, 2012 11:09 AM EDT Send to a Friend
UPGRADES
BMO Capital lifts Cisco (Nasdaq: CSCO) from Market Perform to Outperform with a price target of $21.00 (from $20.00).

Barclays boosts Applied Materials (Nasdaq: AMAT) from Equalweight to Overweight with a price target of $15.

Goldman Sachs ups Marathon Petroleum (NYSE: MPC) from Neutral to Buy with a price target of $58. Click Here for more color.

BofA/Merrill Lynch upgrades NV Energy (NYSE: NVE) from Neutral to Buy.

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

DOWNGRADES
BofA/Merrill Lynch downgrades Southern Co. (NYSE: SO) from Buy to Neutral.

Goldman Sachs trims ConocoPhillips (NYSE: COP) from Neutral to Sell with a price target of $58. Click Here for more color.

Jefferies lowers Acme Packet (Nasdaq: APKT) from Buy to Hold with a price target of $21.00 (from $40.00). Click Here for more color.

Walgreen (NYSE: WAG) cut by two today:
  • Macquarie to Neutral; and

  • Argus from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Evercore Partners initiates Facebook (Nasdaq: FB) with an Equal Weight rating and $39 price target.

Edwards Group Limited (Nasdaq: EVAC) started by a handful of firms:
  • Barclays with an Overweight;

  • RBC Capita at Outperform, with an $11 price target;

  • Piper Jaffray at Overweight and price target of $12;

  • Deutsche Bank with a Buy and $10 price target; and

  • Goldman Sachs with a Buy and $13 price target. Click Here for more color.
Janney Montgomery Scott begins Plains All American (NYSE: PAA) at Buy and $84 price target.

Global Hunter Securities initiates coverage on Forum Energy Technologies (NYSE: FET) with a Buy and price target of $27. Click Here for more color.

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

Piper Jaffray, Deutsche Bank, Jefferies & Co, Merrill Lynch, Bank of America, BMO Capital, Janney Montgomery Scott, Barclays, Argus, Notable Analyst Rating Changes

Add Your Comment