Notable Analyst Rating Changes 3/9: KO, AMZN, BBY, GENZ Upgraded; PBR, BBD, AFL Downgraded

March 9, 2009 10:25 AM EDT

UPGRADES:
Credit Suisse upgrades Coca-Cola (NYSE: KO) from Neutral to Outperform, citing valuation and underlying fundamental strength in key markets outside the U.S.

Piper Jaffray is upgrading Amazon.com (Nasdaq: AMZN) today from Neutral to Buy and boosting its price target from $55 to $81, saying "The Party Is Just Getting Started." Here is the full report.

William Blair upgrades Best Buy (NYSE: BBY) from Market Perform to Outperform.

Deutsche Bank upgrades Genzyme (Nasdaq: GENZ) to Buy with a $63 price target, citing valuation after recent share slide. Here is some more color on the upgrade.

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

DOWNGRADES:
J.P. Morgan downgrades Petrobras (NYSE: PBR) to Neutral from Overweight.

Goldman Sachs downgrades Banco Bradesco SA (NYSE: BBD) from Neutral to Sell.

UBS downgrades Aflac (NYSE: AFL) from Neutral to Sell.

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

Related Categories

Special Reports

Stocks Mentioned

Related Entities

• Credit Suisse
• Piper Jaffray
• Deutsche Bank
• UBS
• William Blair
• JPMorgan
• Goldman Sachs
• Notable Analyst Rating Changes

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?