Notable Analyst Rating Changes 11/02: MOT, UFS, GNW, EL, JWN, WY, RCL, CS Upgraded; RIMM, PALM, CMCSA, ERJ, GERN Downgraded
UPGRADES:
Citigroup upgraded Motorola (NYSE: MOT) from Hold to Buy and lifted their price target from $9 to $10.50.
JPMorgan, Raymond James and RBC upgrade Domtar (NYSE: UFS) to Overweight, Outperform and Top Pick, respectively.
Fox-Pitt upgrades Genworth Financial (NYSE: GNW) from In-Line to Outperform. Price target $15.
UBS and Caris upgrade Estee Lauder (NYSE: EL).
Deutsche Bank upgrades Nordstrom (NYSE: JWN) to Buy. Price target $45. Click here for the full report.
Credit Suisse upgrades Weyerhaeuser (NYSE: WY) to Neutral. Price target increased to $37.
Wells Fargo upgrades Royal Caribbean (NYSE: RCL) to Outperform w/ $24-$26 valuation range on '11 estimates. Click here for full color on the report.
Citi upgrades Credit Suisse (NYSE: CS) from Hold to Buy.
For daily real-time Upgrades go to
DOWNGRADES:
Citigroup downgrades RIM (Nasdaq: RIMM) from Buy to Sell, and lowers their
price target to $54.
Citi downgrades Palm (Nasdaq: PALM) from Hold to Sell, target cut from $19.50 to $10
Kaufman Bros. downgrades Comcast (Nasdaq: CMCSA) from Buy to Hold. Price
target to $17 from $18.
st+%28CMCSA%29+to+Hold%3B+Value+Trap/5062733.html">Click Here for more
color.
Bank of America downgrades Embraer (NYSE: ERJ) from Neutral to Underperform.
Credit Suisse also downgraded Embraer to Underperform, and set a price
target of $22.
Needham & Co downgrades Geron Corporation (Nasdaq: GERN) from Buy to Hold.
n+Corporation+%28GERN%29+to+Hold/5063121.html">Click Here for more
information.
For daily real-time Downgrades go to
NEW COVERAGE:
Bank of America initiates coverage on Polycom (Nasdaq: PLCM) with a Buy
rating. Price target $27.
J.P. Morgan resumes coverage on Warner Chilcott (Nasdaq: WCRX) with an
Overweight rating. Price target $27.
Longbow Research initiates coverage on Pentair (NYSE: PNR) with a Buy
rating.
For daily real-time New Coverage go to
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Special ReportsStocks Mentioned
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+0.24Related Entities
- Credit Suisse
- Deutsche Bank
- UBS
- JPMorgan
- Kaufman Bros.
- Citi
- Raymond James
- Needham & Company
- Bank of America
- Fox-Pitt Kelton
- Longbow Research
- Notable Analyst Rating Changes
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