Notable Analyst Rating Changes 4/25: NOC, WMT, BIDU, KR Upgraded; F, RTN, MMM Downgraded

April 25, 2008 9:20 AM EDT

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


Related Categories

Special Reports

Stocks Mentioned

BIDU 435.55

+1.81 +0.42%
Volume: 1,434,982
Track BIDU

CC 0.11

+0.00 +0.00%
Volume: 5,602,150
Track CC

F 8.88

-0.01 -0.11%
Volume: 103,991,557
Track F

HD 28.00

+0.64 +2.34%
Volume: 20,488,680
Track HD

KR 22.89

+0.15 +0.66%
Volume: 5,932,125
Track KR

MMM 78.63

+1.19 +1.54%
Volume: 3,058,359
Track MMM

NOC 55.26

+0.46 +0.84%
Volume: 3,106,755
Track NOC

RTN 51.80

+0.27 +0.52%
Volume: 3,389,837
Track RTN

WMT 54.75

+0.20 +0.37%
Volume: 12,012,176
Track WMT


Related Entities


Add Your Comment