Notable Analyst Rating Changes 06/28: DOW, AMLN, RIMM, FINL Upgraded; AMZN, LYG, SOL, BCS Downgraded
UPGRADES
Deutsche Bank reinstates coverage on Dow Chemical (NYSE: DOW) and upgrades the stock from Hold to Buy. The firm also raises its price target on DOW shares from $30 to $32. Click Here for more color.
BMO upgrades Amylin Pharmaceuticals (Nasdaq: AMLN) from 'Under Perform' to 'Market Perform'. Raises price target from $12 to $18.
Raymond James upgrades Research In Motion (Nasdaq: RIMM) from Market Perform to Outperform this morning, maintaining a $70 price target on the stock.
Susquehanna upgrades The Finish Line (Nasdaq: FINL) from Neutral to Positive, with a price target of $18. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Susquehanna downgrades Amazon.com (Nasdaq: AMZN) from Positive to Neutral, and $121 price target. Click Here for more color.
Nomura upgrades Lloyds Banking Group (NYSE: LYG) from Reduce to Buy.
Goldman Sachs downgrades ReneSola (NYSE: SOL) from Neutral to Sell. The firm also added the stock to its Conviction Sell list.
Nomura downgrades Barclays (NYSE: BCS) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Goldman Sachs initiated coverage on the following Solar stocks:
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Deutsche Bank reinstates coverage on Dow Chemical (NYSE: DOW) and upgrades the stock from Hold to Buy. The firm also raises its price target on DOW shares from $30 to $32. Click Here for more color.
BMO upgrades Amylin Pharmaceuticals (Nasdaq: AMLN) from 'Under Perform' to 'Market Perform'. Raises price target from $12 to $18.
Raymond James upgrades Research In Motion (Nasdaq: RIMM) from Market Perform to Outperform this morning, maintaining a $70 price target on the stock.
Susquehanna upgrades The Finish Line (Nasdaq: FINL) from Neutral to Positive, with a price target of $18. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Susquehanna downgrades Amazon.com (Nasdaq: AMZN) from Positive to Neutral, and $121 price target. Click Here for more color.
Nomura upgrades Lloyds Banking Group (NYSE: LYG) from Reduce to Buy.
Goldman Sachs downgrades ReneSola (NYSE: SOL) from Neutral to Sell. The firm also added the stock to its Conviction Sell list.
Nomura downgrades Barclays (NYSE: BCS) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Goldman Sachs initiated coverage on the following Solar stocks:
- First Solar (Nasdaq: FSLR) with a Buy rating and $150 price target;
- SunPower (Nasdaq: SPWRA) with a Neutral rating and a $15 price target;
- MEMC Electronic Materials (NYSE: WFR) with a Sell rating and a $9 price target;
- JA Solar (Nasdaq: JASO) with a Conviction Buy rating and $7.50 price target;
- Yingli Green Energy (NYSE: YGE) with a Neutral rating and a $10 price target;
- Trina Solar (NYSE: TSL) with a Neutral rating and a $17.80 price target; and
- Suntech Power (NYSE: STP) with a Sell rating and an $8.40 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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