Notable Analyst Rating Changes 08/05: (RVBD) (WFM) (BRCM) Upgraded; (CB) (QCOM) (KRFT) Downgraded
- Nasdaq hits record; bank earnings validate Wall St. rally
- Intrawest Resorts (SNOW) Exploring a Possible Sale - Reuters
- Alibaba (BABA) Has No Plans to Acquire Rest of Groupon (GRPN) - Source
- Time (TIME) Said to Soon Begin Discussions with Interested Buyers - Bloomberg
- JPMorgan (JPM) Reports Q4 EPS of $1.71
Oppenheimer raises Riverbed Technology (Nadaq: RVBD) from Perform to Outperform with a price target of $20.
Williams Capital boosts Whole Foods Market (Nasdaq: WFM) from Market Perform to Outperform with a price target of $64.
Drexel Hamilton lifts Broadcom (Nasdaq: BRCM) from Hold to Buy with a price target of $38.
Argus upgrades Dow Chemical (NYSE: DOW) from Hold to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
Deutsche Bank downgrades Chubb Corporation (NYSE: CB) from Buy to Hold, moving its price target from $94 to $83. Click Here for more color.
Piper Jaffray cuts Qualcomm (Nasdaq: QCOM) from Overweight to Neutral, adjusting its price target form $71 to $67. Click Here for more color.
Jefferies moves Kraft Foods Group (Nasdaq: KRFT) from Buy to Hold, while raising its price target from $60 to $61. Click Here for more color.
Morgan Stanley trims Teva Pharma (NYSE: TEVA) from Equalweight to Underweight.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
Roth Capital assumes Canadian Solar (Nasdaq: CSIQ) at Buy and a price target of $18.
Needham & Company starts Perficient (Nasdaq: PRFT) with a Buy and $20 price target. Click Here for more color.
UBS begins NRG Yield (NYSE: NYLD) with a Neutral and price target of $29.
BNP Paribas initiates Melco Crown Enter. (Nasdaq: MPEL) at Buy and $29.40 price target.
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Related EntitiesPiper Jaffray, Deutsche Bank, UBS, Morgan Stanley, Jefferies & Co, Needham & Company, Roth Capital, Argus, Notable Analyst Rating Changes
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