Notable Analyst Rating Changes 11/30: RIMM, C, ISSI, KGC Upgraded; EBAY, STX, RBY, CHK Downgraded
UPGRADES
Jefferies & Co. upgrades Research in Motion (Nasdaq: RIMM) from Hold to Buy, with a price target increased from $55 to $80. Click Here for more color.
ISI Group upgrades Citigroup (NYSE: C) from Hold to Buy, with a price target increased from $5 to $5.50. Click Here for more color.
Auriga upgraded Integrated Silicon Solution (Nasdaq: ISSI) to Buy from Hold, with a $9 price target. Click Here for more color.
Credit Suisse upgraded Kinross Gold (NYSE: KGC) from Neutral to Outperform, with a price target $22.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Piper Jaffray downgrades eBay (Nasdaq: EBAY) from Overweight to Neutral, with a price target maintained at $30.
Atlantic Equities downgrades Seagate Technology (Nasdaq: STX) from Overweight to Neutral, dropping their price target 12.5% from $16 to $14.
NCP Northland Capital downgraded Rubicon Minerals (NYSE: RBY) from Sector Outperform to Sector Perform, boosting their price target from $5.89 to $6.57.
Argus Research lowers Chesapeake Energy (NYSE: CHK) from Hold to Sell. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Vera Bradley (NYSE: VRA) started by several firms today:
Piper Jaffray initiates coverage on Somaxon Pharma (Nasdaq: SOMX) with an Overweight rating and a $7 price target.
Jefferies initiates coverage on Illinois Tool Works (NYSE: ITW) with a Buy and $60 price target. Click Here for more color.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Visit our new Ratings Central portal to get the most comprehensive and up-to-date analyst coverage on the Street.
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Jefferies & Co. upgrades Research in Motion (Nasdaq: RIMM) from Hold to Buy, with a price target increased from $55 to $80. Click Here for more color.
ISI Group upgrades Citigroup (NYSE: C) from Hold to Buy, with a price target increased from $5 to $5.50. Click Here for more color.
Auriga upgraded Integrated Silicon Solution (Nasdaq: ISSI) to Buy from Hold, with a $9 price target. Click Here for more color.
Credit Suisse upgraded Kinross Gold (NYSE: KGC) from Neutral to Outperform, with a price target $22.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Piper Jaffray downgrades eBay (Nasdaq: EBAY) from Overweight to Neutral, with a price target maintained at $30.
Atlantic Equities downgrades Seagate Technology (Nasdaq: STX) from Overweight to Neutral, dropping their price target 12.5% from $16 to $14.
NCP Northland Capital downgraded Rubicon Minerals (NYSE: RBY) from Sector Outperform to Sector Perform, boosting their price target from $5.89 to $6.57.
Argus Research lowers Chesapeake Energy (NYSE: CHK) from Hold to Sell. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Vera Bradley (NYSE: VRA) started by several firms today:
- Wells Fargo with an Outperform, and valuation range of $33 - $34. Click Here for more color;
- KeyBanc with a Buy, and price target of $36. Click Here for more color;
- Piper Jaffray with an Overweight and $35 price target;
- Lazard Capital with a Buy and a price target of $39; and
- Baird with a Neutral, and price target of $34.
- Wells Fargo with an Outperform and valuation range of $21 - $22. Click Here for more color;
- KeyBanc with a Buy and $21 price target. Click Here for more color;
- Jefferies with a Buy and $22 price target. Click Here for more color; and
- Morgan Keegan with an Outperform, and price target of $22.
Piper Jaffray initiates coverage on Somaxon Pharma (Nasdaq: SOMX) with an Overweight rating and a $7 price target.
Jefferies initiates coverage on Illinois Tool Works (NYSE: ITW) with a Buy and $60 price target. Click Here for more color.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Visit our new Ratings Central portal to get the most comprehensive and up-to-date analyst coverage on the Street.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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