Notable Analyst Rating Changes 08/09: (WFC) (S) (MRK) Upgraded; (ENOC) (STXS) (LLNW) Downgraded
Get Alerts WFC Hot Sheet
Price: $58.74 --0%
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 2.9%
Revenue Growth %: +0.6%
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 2.9%
Revenue Growth %: +0.6%
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UPGRADES
FBR Capital ups Wells Fargo (NYSE: WFC) from Market Perform to Outperform, maintaining a price target of $31.00.
BTIG lifts Sprint (NYSE: S) from Sell to Neutral. Click Here for more color.
Jefferies raises Merck (NYSE: MRK) from Hold to Buy, cutting its price target from $39 to $37. Click Here for more color.
Rackspace (NYSE: RAX) upgraded by two today:
DOWNGRADES
EnerNOC (Nasdaq: ENOC) lowered by several firms today:
Goldman Sachs downgraded United Technologies (NYSE: UTX) from Buy to Neutral, lowering its price target from $102 to $86.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Macquarie initiates Emerson (NYSE: EMR) with an Outperform, and price target of $56.00.
Brean Murray Carret & Co. starts Gilead Sciences (Nasdaq: GILD) with a Buy. Click Here for more color.
Macquarie begins Tyco Electronics (NYSE: TEL) with an Outperform, and $44.00 price target.
Gleacher & Co. initiates shares of Freescale Semiconductor (NYSE: FSL) with a Buy rating and $18 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.
FBR Capital ups Wells Fargo (NYSE: WFC) from Market Perform to Outperform, maintaining a price target of $31.00.
BTIG lifts Sprint (NYSE: S) from Sell to Neutral. Click Here for more color.
Jefferies raises Merck (NYSE: MRK) from Hold to Buy, cutting its price target from $39 to $37. Click Here for more color.
Rackspace (NYSE: RAX) upgraded by two today:
- Piper Jaffray from Neutral to Overweight, reaffirming its price target of $43.00. Click Here for more color; and
- RBC Capital from Sector Perform to Outperform, reiterating its $46 price target.
DOWNGRADES
EnerNOC (Nasdaq: ENOC) lowered by several firms today:
- Brean Murray Carret & Co. from Buy to Hold, suspends $23 price target. Click Here for more color;
- KeyBanc from Buy to Hold. Click Here for more color;
- ThinkEquity from Buy to Hold, cutting its price target from $23 to $12;
- JPMorgan from Overweight to Neutral, reducing its price target from $27 to $22.50; and
- Ardour Capital to Hold with a price target of $14.00. Click Here for more color.
- ThinkEquity from Buy to Hold, its price target cut from $6 to $2;
- Oppenheimer from Outperform to Perform.
Goldman Sachs downgraded United Technologies (NYSE: UTX) from Buy to Neutral, lowering its price target from $102 to $86.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Macquarie initiates Emerson (NYSE: EMR) with an Outperform, and price target of $56.00.
Brean Murray Carret & Co. starts Gilead Sciences (Nasdaq: GILD) with a Buy. Click Here for more color.
Macquarie begins Tyco Electronics (NYSE: TEL) with an Outperform, and $44.00 price target.
Gleacher & Co. initiates shares of Freescale Semiconductor (NYSE: FSL) with a Buy rating and $18 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.
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