Notable Analyst Rating Changes 4/21: SLB, CTXS, EQ Upgraded; CAT, WFC, GME Downgraded

April 21, 2008 9:53 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Morgan Stanley upgrades Schlumberger (NYSE: SLB) from Equalweight to Overweight. Price target increased from $125 to $135.

Needham & Co upgrades Citrix Systems (Nasdaq: CTXS) from Hold to Buy. Price target $40.

Wachovia Securities upgrades Embarq (NYSE: EQ) from Market Perform to Outperform.

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

DOWNGRADES:
Wachovia Securities downgrades Caterpillar (NYSE: CAT) from Outperform to Market Perform.

Oppenheimer downgrades Wells Fargo (NYSE: WFC) from Perform to Underperform, saying company may be under-reserved by $4.5 billion.

Goldman Sachs downgrades GameStop Corp. (NYSE: GME) from Neutral to Sell with a $50 price target.

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

NEW COVERAGE:
UBS initiates coverage on Thomson Reuters (NYSE: TRI) with a Neutral.

BWS Financial initiates coverage on Abercrombie & Fitch (NYSE: ANF) with a Sell.

Goldman Sachs initiates coverage on Sherwin-Williams Co. (NYSE: SHW) with a Neutral rating.

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


Related Categories

Special Reports

Stocks Mentioned

ANF 36.13

-0.08 -0.22%
Volume: 7,318,123
Track ANF

CAT 58.30

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

CTXS 39.47

+0.95 +2.47%
Volume: 2,385,306
Track CTXS

EQ 42.06

+0.00 +0.00%
Volume: 3,905,280
Track EQ

GME 21.33

-0.02 -0.09%
Volume: 7,072,852
Track GME

SHW 61.85

+0.52 +0.85%
Volume: 1,070,244
Track SHW

SLB 61.37

-0.83 -1.33%
Volume: 8,695,642
Track SLB

TRI 32.34

+0.12 +0.37%
Volume: 342,555
Track TRI

WFC 26.96

+0.47 +1.77%
Volume: 63,919,785
Track WFC


Related Entities


Add Your Comment