Notable Analyst Rating Changes 10/19: AXP, NOV, EL, DKS Upgrade; FNM/FRE, ANF, MAT, LUV Downgrade
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UPGRADES:
FBR Research upgrades American Express (NYSE: AXP) from Underperform to Market Perform. Price target increased from $25 to $37. Click Here for more color.
Raymond James upgrades National Oilwell Varco (NYSE: NOV) from Strong Buy to Outperform.
RBC Capital upgrades Estee Lauder (NYSE: EL) from Underperform to Sector Perform.
Piper Jaffray upgrades Dick's Sporting Goods (NYSE: DKS) from Underweight to Neutral. Price target increased from $18 to $28. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Keefe, Bruyette, and Woods downgrades both Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) to Underperform and cut their price targets to $0. Click Here for more color.
Brean Murray downgrades Abercrombie & Fitch (NYSE: ANF) from Hold to Sell.
Morgan Joseph downgrades Mattel (NYSE: MAT) to Hold. Click Here for more color.
JP Morgan downgrades Southwest Airlines (NYSE: LUV) to Underweight.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Barclays resumes coverage on Pfizer (NYSE: PFE) with an Overweight rating. Price target $21.
Citi initiates coverage on Marvell Technology (Nasdaq: MRVL) with a Buy rating. Price target $21.
RBC Capital initiates coverage on Terex (NYSE: TEX) with an Outperform rating.
Wells Fargo resumes coverage on CenturyTel, Inc. (NYSE: CTL) with an Outperform rating. Valuation Range $38-40. Click Here for more coverage.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
FBR Research upgrades American Express (NYSE: AXP) from Underperform to Market Perform. Price target increased from $25 to $37. Click Here for more color.
Raymond James upgrades National Oilwell Varco (NYSE: NOV) from Strong Buy to Outperform.
RBC Capital upgrades Estee Lauder (NYSE: EL) from Underperform to Sector Perform.
Piper Jaffray upgrades Dick's Sporting Goods (NYSE: DKS) from Underweight to Neutral. Price target increased from $18 to $28. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Keefe, Bruyette, and Woods downgrades both Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) to Underperform and cut their price targets to $0. Click Here for more color.
Brean Murray downgrades Abercrombie & Fitch (NYSE: ANF) from Hold to Sell.
Morgan Joseph downgrades Mattel (NYSE: MAT) to Hold. Click Here for more color.
JP Morgan downgrades Southwest Airlines (NYSE: LUV) to Underweight.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Barclays resumes coverage on Pfizer (NYSE: PFE) with an Overweight rating. Price target $21.
Citi initiates coverage on Marvell Technology (Nasdaq: MRVL) with a Buy rating. Price target $21.
RBC Capital initiates coverage on Terex (NYSE: TEX) with an Outperform rating.
Wells Fargo resumes coverage on CenturyTel, Inc. (NYSE: CTL) with an Outperform rating. Valuation Range $38-40. Click Here for more coverage.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Piper Jaffray, Brean Murray Carret & Co., JPMorgan, Citi, Raymond James, RBC Capital, Morgan Joseph, Barclays, Notable Analyst Rating ChangesSign up for StreetInsider Free!
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