Close

Notable Analyst Rating Changes 09/19: (ACHN) (GLW) (AZN) Upgraded; (IDIX) (WM) (SCHW) Downgraded

September 19, 2012 10:49 AM EDT
UPGRADES
BofA/Merrill Lynch upgrades Achillion Pharmaceuticals (Nasdaq: ACHN) from Underperform to Buy.

Goldman Sachs boosts Corning (NYSE: GLW) from Neutral to Buy, moving its price target from $14 to $16. Click Here for more color.

Exane BNP Paribas lifts AstraZeneca (NYSE: AZN) from Underperform to Neutral.

Evercore Partners raises Progressive Corp. (NYSE: PGR) from Underweight to Equal Weight, moving its price target from $20 up to $22.

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

DOWNGRADES
BofA/Merrill Lynch downgrades Idenix Pharmaceuticals Inc. (Nasdaq: IDIX) from Buy to Neutral.

JPMorgan lops Waste Management (NYSE: WM) from Neutral to Underweight, dropping its price target by 50 cents to $34.

Goldman Sachs cuts Charles Schwab Corp. (NYSE: SCHW) from Buy to Neutral, easing its price target from $15 to $14. Click Here for more color.

Needham & Company cuts Mattel Inc. (Nasdaq: MAT) from Buy to Hold. Click Here for more color.

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

NEW COVERAGE
RBC Capital initiates Dow Chemical (NYSE: DOW) with a Sector Perform and price target of $35.

Canaccord Genuity begins Allergen (NYSE: AGN) with a Hold and $101 target. Click Here for more color.

RBC Capital assumes Celanese (NYSE: CE) at Outperform and $55 target.

JMP Securities starts Delcath Systems (Nasdaq: DCTH) with a Market Outperform and $4 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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

JPMorgan, Needham & Company, RBC Capital, JMP Securities, Notable Analyst Rating Changes, Canaccord Genuity