Notable Analyst Rating Changes 10/9: VIA, AKS, SY, MAR, RIMM; ARO, MT, BMY, LTD Downgrade
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Piper Jaffray & Co. upgrades Viacom (NYSE: VIA) from Neutral to Overweight. Price target increased from $29 to $35. Click
Deutsche Bank upgrades AK Steel (NYSE: AKS) to Buy from Hold. Click
Wedbush Morgan upgrades Sybase, Inc. (NYSE: SY) from Neutral to Outperform. Price target increased from $34 to $48. Click
Bank of America upgrades Marriott (NYSE: MAR) from Underperform to Buy. Price target increased to $31.
Baird lifted investment rating on Research In Motion (Nasdaq: RIMM) from Neutral to Outperform, also boosting their price target from $83 to $84. Click
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Aeropostale (NYSE: ARO) from Neutral to Sell with a $41 downside price target. Click
RBS downgrades ArcelorMittal (NYSE: MT) from Buy to Hold.
Cowen & Co downgrades Bristol-Myers (NYSE: BMY) from Outperform to Neutral.
Soleil Securities downgrades Marriott International (NYSE: MAR) from Buy to Hold. Price target $28. Click
Soleil Securities downgrades Limited Brands (NYSE: LTD) from Hold to Sell. Price target $15.50. Click
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Wells Fargo initiates coverage on Eli Lilly (NYSE: LLY) with a Market Perform rating and a $33-$35 valuation range. Click
Raymond James initiates coverage on JPMorgan (NYSE: JPM) with a Strong Buy rating. The firm has a $60 price target on shares of JPM. Click
Roth Capital initiates coverage on China Natural Gas (Nasdaq: CHNG) with a Buy rating. Price target $18.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Piper Jaffray
- Deutsche Bank
- JPMorgan
- Raymond James
- Robert W Baird
- Soleil Securities
- Banc of America
- Roth Capital
- Wedbush Morgan
- Notable Analyst Rating Changes
- Cowen & Co
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