Notable Analyst Rating Changes 11/11: SMI, TOL, SFD, MCHP Upgraded; PCLN, SNV, RHIE, ADBE, SIGM, HUM Downgraded
UPGRADES:
Bank of America upgrades Semi Manufacturing International (NYSE: SMI) from Underperform to Neutral.
Wells Fargo Securities upgrades Toll Brothers, Inc. (NYSE: TOL) Market Perform to Outperform with a $24-$26 valuation. Click Here for more color.
Deutsche Bank upgrades Smithfield Foods (NYSE: SFD) from Hold to Buy and raised their price target from $12 to $20. Click Here for more color.
Goldman Sachs upgraded Microchip Technology Inc. (NASDAQ: MCHP) from Sell to Neutral. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Credit Suisse downgrades Priceline.com (NASDAQ: PCLN) to Neutral. Price target $210.
Morgan Keegan downgrades Synovus Financial (NYSE: SNV) from Outperform to Market Perform.
Thomas Weisel and J.P. Morgan downgrade RHI Entertainment (NASDAQ: RHIE) from to Underweight and Neutral, respectively. J.P. Morgan slashed their price target from $4 to $0.75.
Oppenheimer downgrades Adobe (NASDAQ: ADBE) to Market Perform.
Collins Stewart downgrades Sigma Designs (NASDAQ: SIGM) to Sell. Price target $9. For more color, Click Here.
Hilliard Lyons downgrades Humana (NYSE: HUM) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
MKM Partners initiates coverage on Palm (NASDAQ: PALM) with a Neutral rating.
Bernstein initiates coverage on Hyatt Hotels (NYSE: H) with an Underperform rating.
Bank of America re-instates coverage on Wynn Resorts (NASDAQ: WYNN) with a Buy rating. Price target $75.
Susquehanna initiates coverage on Cameron International (NYSE: CAM) with a Positive. Price target $48. Click Here for more color.
J.P. Morgan initiates coverage on Banco Santander (NASDAQ: BSBR) with an Overweight rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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-0.15Related Entities
- Credit Suisse
- Deutsche Bank
- JPMorgan
- Bank of America
- Collins Stewart
- Thomas Weisel Partners Group
- Morgan Keegan & Company
- Hilliard Lyons
- Susquehanna International Group of Companies
- Notable Analyst Rating Changes
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