Notable Analyst Rating Changes 09/20: FCX, BBY, T, VCLK Upgraded; X, XLNX, EXPE, ARNA Downgraded
UPGRADES
Goldman Sachs upgrades Freeport McMoRan (NYSE: FCX) from Neutral to Buy, with a price target increased from $79 to $94. Click Here for more color.
Oppenheimer upgrades Best Buy (NYSE: BBY) from Perform to Outperform, with a price target increased from $38 to $45.
Credit Suisse upgrades AT&T (NYSE: T) from Neutral to Outperform. Click Here for more color.
Benchmark upgrades ValueClick (Nasdaq: VCLK) from Hold to Buy. Raises price target from $11 to $15. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Goldman Sachs downgrades U.S. Steel (NYSE: X) from Buy to Neutral, with a price target lowered by $6 from $51 to $45. Click Here for more color.
RBC Capital downgrades Xilinx (Nasdaq: XLNX) from Outperform to Sector Perform, with a price target lowered from $36 to $28.
Susquehanna downgrades Expedia, Inc. (Nasdaq: EXPE) from Positive to Neutral. Click Here for more color.
Arena Pharma (Nasdaq: ARNA) downgraded by two firms:
NEW COVERAGE
Exane BNP Paribas starts Applied Materials (Nasdaq: AMAT) with an Underperform and $13 target.
William Blair initiates coverage on China Real Estate Information Corporation (Nasdaq: CRIC) with an Outperform rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Click here to go to our new RATINGS CENTRAL page, a comprehensive list of analyst rating changes (continuously updated).
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Goldman Sachs upgrades Freeport McMoRan (NYSE: FCX) from Neutral to Buy, with a price target increased from $79 to $94. Click Here for more color.
Oppenheimer upgrades Best Buy (NYSE: BBY) from Perform to Outperform, with a price target increased from $38 to $45.
Credit Suisse upgrades AT&T (NYSE: T) from Neutral to Outperform. Click Here for more color.
Benchmark upgrades ValueClick (Nasdaq: VCLK) from Hold to Buy. Raises price target from $11 to $15. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Goldman Sachs downgrades U.S. Steel (NYSE: X) from Buy to Neutral, with a price target lowered by $6 from $51 to $45. Click Here for more color.
RBC Capital downgrades Xilinx (Nasdaq: XLNX) from Outperform to Sector Perform, with a price target lowered from $36 to $28.
Susquehanna downgrades Expedia, Inc. (Nasdaq: EXPE) from Positive to Neutral. Click Here for more color.
Arena Pharma (Nasdaq: ARNA) downgraded by two firms:
- WBB Securities from Strong Buy to Hold, with a price target lowered from $7 to $2; and
- CRT Capital from Buy to Fiar Value.
NEW COVERAGE
Exane BNP Paribas starts Applied Materials (Nasdaq: AMAT) with an Underperform and $13 target.
William Blair initiates coverage on China Real Estate Information Corporation (Nasdaq: CRIC) with an Outperform rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Click here to go to our new RATINGS CENTRAL page, a comprehensive list of analyst rating changes (continuously updated).
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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