Notable Analyst Rating Changes 1/22: BBY, AAP, ERIC, M Upgraded; DOX, MRVL, K, WYE Downgraded
UPGRADES:
Deutsche Bank upgraded Best Buy (NYSE: BBY) today from Hold to Buy and boosted its price target from $28 to $40. Click here for the full report.
J.P. Morgan upgrades Advance Auto Parts (NYSE: AAP) from Neutral to Overweight.
Goldman Sachs upgrades LM Ericsson (Nasdaq: ERIC) from Sell to Neutral.
Deutsche Bank upgrades Macy's (NYSE: M) to Buy. Price target increased from $8 to $14. Click here for the full report.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Cantor Fitzgerald downgrades Amdocs (NYSE: DOX) from Buy to Hold. Price target dropped from $26 to $16. Click here for the full report.
BWS Financial downgrades Marvell Technology (Nasdaq: MRVL) from Strong Buy to Buy. Price target lowered to $8 from $11.50. Click here for the report.
Citi downgrades Kellogg (NYSE: K) from Buy to Hold on Weakening Trends and FX Headwinds. Price target lowered from $57 to $48. Click here for the full report.
UBS downgrades Wyeth (NYSE: WYE) from Buy to Neutral. Price target $38.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Oppenheimer initiates coverage on Ligand Pharmaceuticals (Nasdaq: LGND) with an Outperform.
Wunderlich Securities initiates coverage on First Horizon National (NYSE: FHN) with a Buy. Price target $11.
RBC Capital initiates coverage on Elan (NYSE: ELN) with a Underperform rating and $4 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Deutsche Bank
- UBS
- Cantor Fitzgerald
- JPMorgan
- Goldman Sachs
- Citi
- RBC Capital
- BWS Financial
- Notable Analyst Rating Changes
- Wunderlich Securities
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