Notable Analyst Rating Changes 1/5: AMZN, BBY, BKS Upgraded; T, VZ, PCU, BBBY Downgraded
UPGRADES:
JP Morgan upgrades Amazon.com Inc. (Nasdaq: AMZN) from Neutral to Overweight, saying the company will continue to gain market share.
Goldman Sachs upgrades Best Buy Co. Inc. (NYSE: BBY) from Neutral to Buy.
Goldman Sachs upgrades Barnes & Noble (NYSE: BKS) from Sell to Neutral but trims its price target from $24 to $17.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Sanford C. Bernstein downgraded AT&T (NYSE: T) from Outperform to Market Perform and downgraded Verizon (NYSE: VZ) from Market Perform to Underperform.
Citi downgrades Southern Copper Company (NYSE: PCU) from Buy to Hold.
Goldman Sachs downgrades Bed Bath & Beyond (Nasdaq: BBBY) from Buy to Neutral but lifted their price target from $24 to $28.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Merriman resumes coverage on Capstone Turbine (Nasdaq: CPST) with a Neutral rating.
Leerink Swann initiates coverage on Momenta Pharmaceuticals (Nasdaq: MNTA) with an Outperform rating.
Wachovia initiates coverage on NCI (NASDAQ: NCIT) with a Market Perform rating and a $27 to $29 valuation range.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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+6.05
-0.06Related Entities
- JPMorgan
- Goldman Sachs
- Citi
- Wachovia
- Sanford C. Bernstein
- Merriman Curhan Ford
- Notable Analyst Rating Changes
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