Notable Analyst Rating Changes 10/13: PKX, DRYS, YHOO, AMD, PHG Upgrade; GS, VPRT, SVU, GAP, SWY, DRIV Downgrade
UPGRADES:
Goldman Sachs upgraded POSCO (NYSE: PKX) to Buy and added the stock to their Conviction Buy List with a $150 price target.
Lazard Capital Markets upgrades shares of DryShips (Nasdaq: DRYS) from Hold to Buy.
Benchmark upgrades Yahoo! (Nasdaq: YHOO) from Hold to Buy. Price target raised from $16 to $20. For more color Click Here
JMP Securities upgrades Advanced Micro Devices (NYSE: AMD) from Underperform to Market Perform.
RBS upgrades Philips Electronics (NYSE: PHG) from Hold to Buy. BNP Paribas upgrades Philips Electronics from Underperform to Neutral.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Meredith Whitney Advisory downgrades Goldman Sachs (NYSE: GS) from Buy to Neutral, with a $186 price target.
Goldman Sachs downgrades VistaPrint (Nasdaq: VPRT) from Buy to Neutral and lowers their price target from $52 to $47.
Pali Research downgrades SUPERVALU (NYSE: SVU) & Great Atlantic & Pacific Tea Co (NYSE: GAP) from Neutral to SELL and lowering estimates ahead of the upcoming earnings reports. Pali also lowered estimates on SELL rated Safeway (NYSE: SWY). For more color Click Here
RBC downgrades Digital River (Nasdaq: DRIV) from Outperform to Sector Perform. Price target halved to $22. First Analysis also downgrades Digital River from Overweight to Equalweight.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Deutsche Bank initiates coverage on Citigroup (NYSE: C) with a Buy rating and $5.50 price target. For more color, Click Here
UBS initiates coverage on Coach (NYSE: COH) with a Neutral rating. Price target $37.
Auriga initiates coverage on F5 Networks (Nasdaq: FFIV) with a Buy. Price target $48.
J.P. Morgan initiates coverage on J.M. Smucker (NYSE: SJM) with a Neutral rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Special ReportsStocks Mentioned
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+0.40Related Entities
- Goldman Sachs Conviction Buy List
- Deutsche Bank
- UBS
- JPMorgan
- Citi
- Lazard
- Pali Research
- JMP Securities
- First Analysis
- Meredith Whitney
- Notable Analyst Rating Changes
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