Notable Analyst Rating Changes 11/03: WMT, BIIB, NVDA, SLB Upgraded; SSCC, DO, HAL, PHM Downgraded
UPGRADES:
JP Morgan upgrades Wal-Mart (NYSE: WMT) from Neutral to Overweight, citing valuation. The firm also said the company's image is turning more favorable.
Deutsche Bank and Baird upgrade Biogen (Nasdaq: BIIB) to Buy and Outperform, respectively.
Citi upgrades NVIDIA Corp (Nasdaq: NVDA) from Hold to Buy. Price target $13.
Goldman Sachs upgrades Schlumberger Limited (NYSE: SLB) from Neutral to Buy and added the stock to its Conviction Buy List. The firm cut its price target form $70 to $59.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Smurfit-Stone Container Corp. (Nasdaq: SSCC) from Neutral to Sell.
Goldman Sachs downgrades Diamond Offshore (NYSE: DO) from Buy to Neutral.
Goldman Sachs downgrades Halliburton Company (NYSE: HAL) from Buy to Neutral, citing product risks and valuation.
Citi downgrades Pulte Homes (NYSE: PHM) from Buy to Hold. Price target $11.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Deutsche Bank initiates coverage on Watson Wyatt (NYSE: WW) with a Hold. Price target $45.
KeyBanc initiates coverage on Hexcel Corporation (NYSE: HXL) with a Buy. Price target $20.
Goldman Sachs restarts coverage on Plum Creek Timber Co. Inc. (NYSE: PCL) with a Neutral rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Goldman Sachs Conviction Buy List
- Deutsche Bank
- JPMorgan
- Goldman Sachs
- Citi
- KeyBanc
- Robert W Baird
- Notable Analyst Rating Changes
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