Notable Analyst Rating Changes 10/28: CHA, BIIB, PHM Upgraded; NOK, NCC, STV, EQ Downgraded

October 28, 2008 9:57 AM EDT

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


Related Categories

Special Reports

Stocks Mentioned

ADM 28.76

+1.21 +4.39%
Volume: 440,318
Track ADM

BIIB 45.00

-1.77 -3.78%
Volume: 5,113,072
Track BIIB

CHA 29.89

-20.58 -40.78%
Volume: 444,983
Track CHA

CMCSA 13.89

-0.58 -4.01%
Volume: 18,541,676
Track CMCSA

EQ 42.06

+0.00 +0.00%
Volume: 3,905,280
Track EQ

GOOG 408.49

-10.50 -2.51%
Volume: 2,517,630
Track GOOG

NCC 1.81

+0.00 +0.00%
Volume: 106,343,355
Track NCC

NOK 25.16

+10.39 +70.35%
Volume: 447,201
Track NOK

PHM 28.73

+19.77 +220.65%
Volume: 442,412
Track PHM

STV 28.71

+19.75 +220.42%
Volume: 439,535
Track STV


Related Entities


Add Your Comment