Notable Analyst Rating Changes 08/13: (GOOG) (IP) (CPB) Upgraded; (P) (TC) (KO) Downgraded

August 13, 2012 11:19 AM EDT Send to a Friend
UPGRADES
Morgan Stanley upgrades Google (Nasdaq: GOOG) from Equalweight to Overweight with a price target of $775. Click Here for more color.

Credit Suisse raises International Paper (NYSE: IP) from Neutral to Outperform.

Goldman Sachs moves Campbell Soup (NYSE: CPB) from Sell to its Conviction Buy with a price target of $39 (from $32 prior). Click Here for more color.

BofA/Merrill Lynch boosts Sprint (NYSE: S) from Neutral to Buy.

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

DOWNGRADES
Morgan Stanley downgrades Pandora (NYSE: P) from Overweight to Equalweight.

Macquarie trims Thompson Creek Metals (NYSE: TC) from Neutral to Underperform, halving its price target to $2.

Goldman Sachs drops Coca-Cola (NYSE: KO) from its Conviction Buy to a Neutral rating, but moves its price target from $81 to $84. Click Here for more color.

Stifel Nicolaus reduces Yahoo! (Nasdaq: YHOO) from Buy to Hold.

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

NEW COVERAGE
Morgan Stanley initiates Cummins (NYSE: CMI) with an Equalweight.

Durata Therapeutics (Nasdaq: DRTX) started by two today:
  • RBC Capital at Outperform, with a price target of $15; and

  • BofA/Merrill Lynch at Buy and $12 target.
Five Below (Nasdaq: FIVE) started by several firms Monday:
  • Jefferies at Buy and $40 target. Click Here for more color;

  • Credit Suisse with a Neutral and $35 target;

  • UBS at Neutral and $35 target;

  • Goldman Sachs with a Neutral and $31 price target. Click Here for more color;

  • Wells Fargo at Market Perform and valuation range of $29 - $31. Click Here for more color; and

  • Barclays with an Equalweight and $30 price target.
Canaccord Genuity assumes SodaStream International (Nasdaq: SODA) with a Hold and $45 target. Click Here for more color.

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Credit Suisse, Stifel Nicolaus, UBS, Morgan Stanley, Jefferies & Co, Merrill Lynch, Bank of America, RBC Capital, Barclays, Notable Analyst Rating Changes, Wells Fargo, Canaccord Genuity

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