Notable Analyst Rating Changes 06/26: (JPM) (SHPGY) (PBI) Upgraded; (CTSH) (MS) (DOW) Downgraded

June 26, 2012 10:53 AM EDT Send to a Friend
UPGRADES
Goldman Sachs is adding JPMorgan (NYSE: JPM) to its Conviction Buy List with a $42 price target. Click Here for more color.

Societe Generale lifts Shire plc (Nasdaq: SHPGY) from Hold to Buy.

Goldman Sachs raises Pitney Bowes (NYSE: PBI) from Sell to Neutral with a price target of $15. Click Here for more color.

Stifel Nicolaus boosts Veeco Instruments Inc. (Nasdaq: VECO) from Hold to Buy.

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

DOWNGRADES
Goldman Sachs removes Morgan Stanley (NYSE: MS) off of its America's Conviction List, cutting its rating to Neutral, and lowering its 12-month price target 20 percent from $20 to $16. Click Here for more color.

JPMorgan cuts Dow Chemical (NYSE: DOW) from Overweight to Neutral, keeping a $36 price target.

Goldman Sachs trims Cognizant Technology Solutions (Nasdaq: CTSH) from Neutral to Sell, moving its price target from $65 to $52. Click Here for more color.

Piper Jaffray downgrades ValueClick, Inc (Nasdaq: VCLK) from Overweight to Neutral with a price target of $15.

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

NEW COVERAGE
Morgan Stanley resumes Google (Nasdaq: GOOG) with a Equalweight and $625 price target.

Needham & Company assumes eBay (Nasdaq: EBAY) at Buy and $50 price target. Click Here for more color.

Sterne Agee starts American International Group (NYSE: AIG) with a Buy and price target of $39.

RBC Capital initiates Silver Wheaton (NYSE: SLW) with an Outperform and $43 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

Goldman Sachs Conviction Buy List, Piper Jaffray, Stifel Nicolaus, JPMorgan, Morgan Stanley, Needham & Company, RBC Capital, Sterne Agee, Notable Analyst Rating Changes, Dividend

Add Your Comment