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Notable Analyst Rating Changes 08/23: (ADSK) (VMW) (FSLR) Upgraded; (DLLR) (P) (GFI) Downgraded

August 23, 2013 10:59 AM EDT Send to a Friend
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UPGRADES
B. Riley boosts Autodesk (Nasdaq: ADSK) from Neutral to Buy with a price target of $42.

Jefferies lifts VMware (NYSE: VMW) from Hold to Buy, moving its price target from $86 to $105. Click Here for more color.

Raymond James moves First Solar (Nasdaq: FSLR) from Underperform to Market Perform. Click Here for more color.

Needham & Company upgrades SunEdison (NYSE: SUNE) from Hold to Buy with a price target of $11. Click Here for more color.

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

DOWNGRADES
DFC Global Corp (Nasdaq: DLLR) lowered by two today:
  • William Blair from Outperform to Market Perform; and

  • JMP Securities from Market Outperform to Market Perform.
Pandora Media (NYSE: P) cut by two:
  • Raymond James from Outperform to Market Perform; and

  • Stifel Nicolaus from Buy to Hold.
Citi downgrades Gold Fields (NYSE: GFI) from Neutral to Sell.

Goldman Sachs lowers Veolia Environnement (NYSE: VE) from Buy to Neutral. Click Here for more color.

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

NEW COVERAGE
Northcoast Research starts Chipotle Mexican Grill (NYSE: CMG) at Sell and $400 price target.

RBC Capital initiates BancorpSouth (NYSE: BXS) with an Outperform and price target of $23.

Deutsche Bank reinstates Arch Coal Inc (NYSE: ACI) at Hold with a price target of $5. Click Here for more color.

Northcoast Research assumes Tim Hortons (NYSE: THI) at Buy and $72 target.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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Stifel Nicolaus, Deutsche Bank, William Blair, Citi, Raymond James, Jefferies & Co, Needham & Company, RBC Capital, B. Riley, JMP Securities, Notable Analyst Rating Changes

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