Notable Analyst Rating Changes 10/16: GSK, ADM, APC, WFC Upgraded; STM, DO, EBAY, MDU Downgraded
UPGRADES:
Merrill Lynch upgrades GlaxoSmithKline (NYSE: GSK) from Underperform to Neutral.
Merrill Lynch upgrades Archer-Daniels Midland (NYSE: ADM) from Neutral to Buy.
Jefferies & Co upgrades Anadarko Petroleum (NYSE: APC) from Hold to Buy.
Morgan Stanley upgrades Wells Fargo (NYSE: WFC) from Underweight to Overweight with a $40 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Credit Suisse downgrades STMicroelectronics (NYSE: STM) from Neutral to Underperform.
Morgan Keegan downgrades Diamond Offshore (NYSE: DO) from Outperform to Market Perform.
Piper Jaffray downgrades eBay (Nasdaq: EBAY) from Buy to Neutral, following disappointing results and guidance.
Citi downgrades MDU Resources Group (NYSE: MDU) from Buy to Hold. Price target lowered from $39 to $23
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Caris & Co. initiates coverage on Procter & Gamble (NYSE: PG) with an Above Average rating.
Lazard Capital initiates coverage on McAfee (NYSE: MFE) with a Buy rating.
Cowen & Co initiates coverage on Aeropostale (NYSE: ARO) with an Outperform.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Credit Suisse
- Piper Jaffray
- Citi
- Morgan Stanley
- Jefferies & Co
- Merrill Lynch
- Lazard
- Morgan Keegan & Company
- Notable Analyst Rating Changes
- Cowen & Co
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