Notable Analyst Rating Changes 4/25: NOC, WMT, BIDU, KR Upgraded; F, RTN, MMM Downgraded
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StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
J.P. Morgan and Cowen upgrade Northrop Grumman (NYSE: NOC) to Overweight and Outperform, respectively.
Merrill Lynch upgrades Wal-Mart (NYSE: WMT) from Neutral to Buy.
Citi upgrades Baidu.com (Nasdaq: BIDU) from Hold to Buy. Price target increased from $350 to $415.
Goldman Sachs upgrades Kroger (NYSE: KR) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
J.P. Morgan, Merrill Lynch and Bear Stearns downgrade Ford (NYSE: F) to Neutral, Sell and Underperform, respectively.
J.P. Morgan downgrades Raytheon (NYSE: RTN) from Overweight to Neutral.
Sterne Agee downgrades 3M Corp (NYSE: MMM) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Lehman Bros. initiates coverage on Home Depot (NYSE: HD) with an Overweight rating.
Lehman Brothers initiates coverage on Circuit City Stores Inc. (NYSE: CC) with an Underweight rating.
Lehman Bros. initiates coverage on Home Depot (NYSE: HD) with an Overweight rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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