Notable Analyst Rating Changes 4/10: INTC, HAL, WLK Upgraded; PTR, VMED, MCK Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Banc of America upgraded Semiconductors from Market Weight to Overweight. The firm upgraded Analog Devices (NYSE: ADI), Intel (Nasdaq: INTC), Power Integrations (Nasdaq: POWI), Semtech (Nasdaq: SMTC) from Neutral to Buy.
Goldman Sachs upgrades Halliburton Company (NYSE: HAL) from Neutral to Buy, citing valuation and expected revenue growth.
Morgan Stanley upgrades Westlake Chemical (NYSE: WLK) from Equal Weight to Overweight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Citigroup downgrades PetroChina (NYSE: PTR) from Hold to Sell, saying an earnings disappointment is coming.
Jefferies downgrades Virgin Media (Nasdaq: VMED) from Buy to Hold and cuts their price target to $16.
Citigroup downgrades McKesson (NYSE: MCK) and Cardinal Health (NYSE: CAH) and Amerisourcebergen (NYSE: ABC) from Buy to Hold, the firm is also cutting revenue and earnings estimates.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Lazard Capital initiates coverage on Intuitive Surgical (Nasdaq: ISRG) with a Buy rating and $420 price target.
Stifel Nicolaus initiates coverage on Great Wolf (Nasdaq: WOLF) with a Hold rating.
Keefe Bruyette & Woods initiates coverage on American Campus Communities (NYSE: ACC) with an Outperform rating and a $31 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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