Notable Analyst Rating Changes 10/28: CHA, BIIB, PHM Upgraded; NOK, NCC, STV, EQ Downgraded
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UPGRADES:
UBS upgrades China Telecom (NYSE: CHA) from Neutral to Buy.
Cowen & Co upgrades Biogen Idec (Nasdaq: BIIB) to Outperform, calling the stock the Best Value in Biotech.
Citi upgrades Pulte Homes (NYSE: PHM) from Hold to Buy. Price target lowered from $16 to $11.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Nokia Corp. (NYSE: NOK) from Neutral to Sell and cuts its price target from $17 to $13.
Keefe, Bruyette and Woods downgrades National City (NYSE: NCC) from Outperform to Market Perform. Price target $2.30.
Susquehanna downgrades China Digital TV Holding Co., Ltd. (NYSE: STV) to Neutral.
UBS downgrades Embarq (NYSE: EQ) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Credit Suisse initiates coverage on Comcasct (Nasdaq: CMCSA) with an Outperform. Price target $16.
Soleil Securities initiates coverage on Archer Daniels Midland (NYSE: ADM) with a Buy rating and $25 price target.
Credit Suisse initiates coverage on Google (Nasdaq: GOOG) with an Outperform rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
UBS upgrades China Telecom (NYSE: CHA) from Neutral to Buy.
Cowen & Co upgrades Biogen Idec (Nasdaq: BIIB) to Outperform, calling the stock the Best Value in Biotech.
Citi upgrades Pulte Homes (NYSE: PHM) from Hold to Buy. Price target lowered from $16 to $11.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Nokia Corp. (NYSE: NOK) from Neutral to Sell and cuts its price target from $17 to $13.
Keefe, Bruyette and Woods downgrades National City (NYSE: NCC) from Outperform to Market Perform. Price target $2.30.
Susquehanna downgrades China Digital TV Holding Co., Ltd. (NYSE: STV) to Neutral.
UBS downgrades Embarq (NYSE: EQ) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Credit Suisse initiates coverage on Comcasct (Nasdaq: CMCSA) with an Outperform. Price target $16.
Soleil Securities initiates coverage on Archer Daniels Midland (NYSE: ADM) with a Buy rating and $25 price target.
Credit Suisse initiates coverage on Google (Nasdaq: GOOG) with an Outperform rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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