Notable Analyst Rating Changes 11/17: XOM, PALM, ALKS, ITW, SINA Upgraded; SPWRA, PARD, PSUN, JOYG Downgraded
UPGRADES:
Barclays upgrades Exxon Mobil Corp. (NYSE: XOM) from Equal Weight to Overweight and raised their price target from $90 to $92.
Kaufman Bros. upgrades Palm, Inc. (NASDAQ: PALM) from Hold to Buy with a $16 price target. Click Here for more color.
Leerink Swann upgrades Alkermes (Nasdaq: ALKS) from Market Perform to Outperform. Click here to see full color on the upgrade.
UBS upgrades Illinois Tool Works (NYSE: ITW) from Neutral to Buy.
Deutsche Bank upgrades Sina Corp (Nasdaq: SINA) to Buy with a price target of $52. Click here for the full report.
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DOWNGRADES:
Piper Jaffray & Co. downgrades SunPower Corp. (Nasdaq: SPWRA) from Overweight to Neutral. Price target lowered from $38 to $31. Click
Here for more color from Piper. FBR Capital also downgraded Sun Power from Outperform to Market Perform and cut their price target from $38 to $30. Click Here
for more color from FBR. Finally, Caris & Co. downgrades SunPower SPWRA from Above Average to Below Average.
Wedbush downgrades Poniard Pharmaceuticals Inc. (Nasdaq: PARD) from Outperform to Underperform. Click Here for more color from Wedbush. Rodman & Renshaw also downgraded Poniard to Market Perform.
Caris & Co. downgrades Pacific Sunwear (Nasdaq: PSUN) from Average to Below Average. Price target $3.50.
UBS downgrades Joy Global (NASDAQ: JOYG) from Buy to Neutral.
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NEW COVERAGE:
Morgan Stanley resumes coverage on Dell (NASDAQ: DELL) with an Equalweight.
Morgan Joseph initiates coverage on Boston Scientific (NYSE: BSX) with a Hold. Click Here for more color.
Deutsche Bank re-instates coverage on SandRidge Energy (NYSE: SD) with a Hold. For more color, Click Here.
Morgan Stanley initiates coverage on Verisk Analytics (NASDAQ: VRSK) with an Equalweight rating.
For daily real-time New Coverage go to
href=New+Coverage>http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Piper Jaffray
- Deutsche Bank
- UBS
- Kaufman Bros.
- Morgan Stanley
- Morgan Joseph
- Barclays
- Rodman & Renshaw
- Notable Analyst Rating Changes
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