Notable Analyst Rating Changes 3/26: XTO, CCO, XJT Upgraded; JBL, PFCB, CTB Downgraded

March 26, 2008 9:34 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Bernstein upgrades XTO Energy (NYSE: XTO) from Market Perform to Outperform with an $69 price target.

Jefferies & Co upgrades Clear Channel Outdoor (NYSE: CCO) from Hold to Buy, citing positive growth outlook and attractive entry point into shares. Price target $25.

Avondale upgrades ExpressJet (NYSE: XJT) from Market Underperform to Market Perform.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
J.P. Morgan downgrades Jabil Circuit (NYSE: JBL) from Overweight to Underweight.

Friedman Billings downgrades P.F. Chang's (Nasdaq: PFCB) from Market Perform to Underperform. Price target $23.

KeyBanc downgrades Cooper Tire & Rubber Company (NYSE: CTB) from Aggressive Buy to Hold.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Sterne Agee initiates coverage on Caterpillar (NYSE: CAT) with a Hold. Price target $74.

Merrill Lynch initiates coverage on Perfect World (Nasdaq: PWRD) with a Buy.

Lehman and Wachovia start ArcSight (Nasdaq: ARST) at Equalweight and Outperform, respectively.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


Related Categories

Special Reports

Stocks Mentioned

ARST 24.62

+0.64 +2.67%
Volume: 1,986,867
Track ARST

CAT 58.30

+0.10 +0.17%
Volume: 10,448,305
Track CAT

CCO 9.19

+0.21 +2.34%
Volume: 481,016
Track CCO

CTB 18.99

+0.62 +3.38%
Volume: 998,304
Track CTB

JBL 12.94

+0.08 +0.62%
Volume: 4,835,932
Track JBL

PFCB 35.55

+0.67 +1.92%
Volume: 492,115
Track PFCB

PWRD 42.62

-1.18 -2.69%
Volume: 992,748
Track PWRD

XJT 3.96

+0.16 +4.21%
Volume: 245,635
Track XJT

XTO 40.96

-0.35 -0.85%
Volume: 7,100,583
Track XTO


Related Entities


Add Your Comment