Notable Analyst Rating Changes 3/25: CBG, PEP, CTCM, WDC Upgraded; AXP, RTP, WSM, CRM Downgraded
UPGRADES:
JPMorgan and JMP Securities upgrade CB Richard Ellis (NYSE: CBG) to Overweight and Market Outperform, respectively. Click here for more color on each upgrade.
UBS upgrades PepsiCo (NYSE: PEP) from Neutral to Buy.
Goldman Sachs upgrades CTC Media (Nasdaq: CTCM) from Neutral to Buy.
Goldman Sachs upgrades Western Digital Corp. (NYSE: WDC) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
JP Morgan downgrades American Express (NYSE: AXP) from Overweight to Underweight, saying U.S. consumers will continue to decrease discretionary spending.
RBS downgrades Rio Tinto (NYSE: RTP) from Hold to Sell.
Barclays Capital downgrades Williams-Sonoma (NYSE: WSM) from Equalweight to Underweight. The firm maintained its $8 price target.
Morgan Stanley downgrades Salesforce.com (NYSE: CRM) from Equalweight to Underweight.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
JPMorgan and Kaufman Bros. start Research In Motion (Nasdaq: RIMM) at Underweight and Hold, respectively.
Thomas Weisel initiates coverage on Aeropostale (NYSE: ARO) with a Marketweight. Price target $28.
RBC Capital initiates coverage on Hewlett-Packard (NYSE: HPQ) with an Outperform rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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+0.27
-0.50Related Entities
- UBS
- JPMorgan
- Goldman Sachs
- Kaufman Bros.
- Morgan Stanley
- RBC Capital
- JMP Securities
- Barclays
- Thomas Weisel Partners Group
- Notable Analyst Rating Changes
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