Notable Analyst Rating Changes 12/09: GT, FMCN, HD, JNS Upgraded; LOW, JNJ, CS, GSIC Downgraded
UPGRADES
BofA/Merrill Lynch upgrades Goodyear Tire & Rubber (NYSE: GT) from Underperform to Buy.
Goldman Sachs upgrades Focus Media Holding (Nasdaq: FMCN) from Hold to Buy with a $28 price target. Click Here for more color.
FBR Capital upgrades Home Depot (NYSE: HD) from Market Perform to Outperform, with a price target increased from $35 to $37. Click Here for more color.
Barclays Capital upgrades Janus Capital (NYSE: JNS) from Underweight to Overweight, price target raised from $11 to $16.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
FBR Capital downgrades Lowe's (NYSE: LOW) from Outperform to Market Perform, maintaining a $27 price target. Click Here for more color.
Wells Fargo downgrades Johnson & Johnson (NYSE: JNJ) from Outperform to Market Perform, with a valuation range lowered to $68 - $69 from $64 - $65. Click Here for more color.
Goldman Sachs downgrades Credit Suisse (NYSE: CS) from Buy to Neutral. Click Here for more color.
Cowen downgrades GSI Commerce (Nasdaq: GSIC) from Outperform to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Cowen and Co. starts Human Genome Sciences (Nasdaq: HGSI) with an Underperform.
Nomura Securities initiates coverage on MGM Mirage (NYSE: MGM) with a Buy rating and $17 price target. Click Here for more color.
Credit Suisse initiates coverage on JinkoSolar Holding Co., Ltd. (NYSE: JKS) with a Outperform, and price target of $28.
Craig-Hallum initiates coverage on ZAGG Incorporated (Nasdaq: ZAGG) with a Buy rating and a price target of $13.
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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BofA/Merrill Lynch upgrades Goodyear Tire & Rubber (NYSE: GT) from Underperform to Buy.
Goldman Sachs upgrades Focus Media Holding (Nasdaq: FMCN) from Hold to Buy with a $28 price target. Click Here for more color.
FBR Capital upgrades Home Depot (NYSE: HD) from Market Perform to Outperform, with a price target increased from $35 to $37. Click Here for more color.
Barclays Capital upgrades Janus Capital (NYSE: JNS) from Underweight to Overweight, price target raised from $11 to $16.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
FBR Capital downgrades Lowe's (NYSE: LOW) from Outperform to Market Perform, maintaining a $27 price target. Click Here for more color.
Wells Fargo downgrades Johnson & Johnson (NYSE: JNJ) from Outperform to Market Perform, with a valuation range lowered to $68 - $69 from $64 - $65. Click Here for more color.
Goldman Sachs downgrades Credit Suisse (NYSE: CS) from Buy to Neutral. Click Here for more color.
Cowen downgrades GSI Commerce (Nasdaq: GSIC) from Outperform to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Cowen and Co. starts Human Genome Sciences (Nasdaq: HGSI) with an Underperform.
Nomura Securities initiates coverage on MGM Mirage (NYSE: MGM) with a Buy rating and $17 price target. Click Here for more color.
Credit Suisse initiates coverage on JinkoSolar Holding Co., Ltd. (NYSE: JKS) with a Outperform, and price target of $28.
Craig-Hallum initiates coverage on ZAGG Incorporated (Nasdaq: ZAGG) with a Buy rating and a price target of $13.
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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- Notable Analyst Rating Changes 05/24: (PPG) (WPI) (DUK) Upgraded; (BHI) (HGSI) (COG) Downgraded
- Notable 52-Week Highs and Lows of the Day 05/25: (LCC) (RPRX) High; (DCTH) (MXWL) (VIP) Low
- Morning Movers 05/22: (GENE) (BNHN) (HDY) Higher; (EXPR) (HGT) (GSS) Lower
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