Notable Analyst Rating Changes 3/31: EQ, IRM, ABX Upgraded; SGP, VOD, GU Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Goldman Sachs upgrades Embarq (NYSE: EQ) from Sell to Neutral.
Merrill Lynch upgrades Iron Mountain (NYSE: IRM) from Neutral to Buy.
TD Newcrest upgrades Barrick Gold Corp. (NYSE: ABX) from Hold to Buy with a $57 price target, citing valuation. The firm is citing the recent 10% pullback in gold and 28% return potential to their price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Lehman Brothers and Goldman Sachs downgrade Schering-Plough (NYSE: SGP) to Equalweight and Neutral, respectively. Lehman lowered its price target from $35 to $20.
Morgan Stanley downgrades Vodafone (NYSE: VOD) from Overweight to Underweight.
Piper Jaffray downgrades Gushan Environmental Energy (NYSE: GU) from Buy to Neutral but raises its price target from $13.50 to $14, citing valuation.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
UBS initiates coverage on Millennium Pharmaceuticals (Nasdaq: MLNM) with a Neutral.
Keefe Bruyette & Woods initiates coverage on GFI Group (Nasdaq: GFIG) with a Market Perform rating and an $18.50 price target.
Credit Suisse initiates coverage on Ryanair Holdings plc (Nasdaq: RYAAY) with a Neutral rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Credit Suisse
- Piper Jaffray
- Keefe, Bruyette & Woods
- UBS
- Goldman Sachs
- Morgan Stanley
- Merrill Lynch
- Lehman Brothers
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