Notable Analyst Rating Changes 10/09: (QCOR) (RSH) (NOK) Upgraded; (NFLX) (JNJ) (BIDU) Downgraded
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UPGRADES
Jefferies boosts Questcor Pharmaceuticals (Nasdaq: QCOR) from Hold to Buy, moving its price target from $24 to $28. Click Here for more color.
BofA/Merrill Lynch raises RadioShack Corp. (NYSE: RSH) two-notches from Underperform to Buy.
Nordea Securities upgraded Nokia (NYSE: NOK) from Hold to Buy with a €3 price target. Click Here for more color.
Goldman Sachs upgrades Eli Lilly (NYSE: LLY) from Sell to Neutral, moving its price target up 28.6 percent to $54. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
BofA/Merrill Lynch downgrades Netflix (Nasdaq: NFLX) two-notches from Buy to Underperform with a price target of $72. Click Here for more color.
Goldman Sachs cuts Johnson & Johnson (NYSE: JNJ) from Neutral to Sell with a price target of $72. Click Here for more color.
Credit Suisse reduces Baidu (Nasdaq: BIDU) from Neutral to Underperform with an $83 price target.
JPMorgan lowers DIRECTV (Nasdaq: DTV) from Overweight to Neutral with a price target of $58.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Nomura Securities initiates Apple (Nasdaq: AAPL) with a Neutral rating and $710 price target. Click Here for more color.
Barclays assues First Niagara Financial (Nasdaq: FNFG) at Overweight and $10 target.
VTB Capial starts US Steel (NYSE: X) with a Buy.
BMO Capital begins Acme Packet (Nasdaq: APKT) with a Market Perform and $18 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.
Jefferies boosts Questcor Pharmaceuticals (Nasdaq: QCOR) from Hold to Buy, moving its price target from $24 to $28. Click Here for more color.
BofA/Merrill Lynch raises RadioShack Corp. (NYSE: RSH) two-notches from Underperform to Buy.
Nordea Securities upgraded Nokia (NYSE: NOK) from Hold to Buy with a €3 price target. Click Here for more color.
Goldman Sachs upgrades Eli Lilly (NYSE: LLY) from Sell to Neutral, moving its price target up 28.6 percent to $54. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
BofA/Merrill Lynch downgrades Netflix (Nasdaq: NFLX) two-notches from Buy to Underperform with a price target of $72. Click Here for more color.
Goldman Sachs cuts Johnson & Johnson (NYSE: JNJ) from Neutral to Sell with a price target of $72. Click Here for more color.
Credit Suisse reduces Baidu (Nasdaq: BIDU) from Neutral to Underperform with an $83 price target.
JPMorgan lowers DIRECTV (Nasdaq: DTV) from Overweight to Neutral with a price target of $58.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Nomura Securities initiates Apple (Nasdaq: AAPL) with a Neutral rating and $710 price target. Click Here for more color.
Barclays assues First Niagara Financial (Nasdaq: FNFG) at Overweight and $10 target.
VTB Capial starts US Steel (NYSE: X) with a Buy.
BMO Capital begins Acme Packet (Nasdaq: APKT) with a Market Perform and $18 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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