Notable Analyst Rating Changes 09/19: (ACHN) (GLW) (AZN) Upgraded; (IDIX) (WM) (SCHW) Downgraded
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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.
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.
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JPMorgan, Needham & Company, RBC Capital, JMP Securities, Notable Analyst Rating Changes, Canaccord GenuitySign up for StreetInsider Free!
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