Notable Analyst Rating Changes 4/30: BP, CBS, RT Upgraded; TMA, BX, VLO Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Credit Suisse upgrades BP (NYSE: BP) from Neutral to Outperform.
Citi upgrades CBS Corp. (NYSE: CBS) from Sell to Hold. Price target $23.
SunTrust Robinson Humphrey upgrades Ruby Tuesday, Inc. (NYSE: RT) from Neutral to Buy with a $10 price target, saying the stock looks undervalued.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Friedman Billings downgrades Thornburg Mortgage (NYSE: TMA) to Underperform. Price target lowered to $0.50.
Merrill Lynch downgrades Blackstone Group (NYSE: BX) from Buy to Neutral.
Credit Suisse dowgnrades Valero Energy (NYSE: VLO) from Outperform to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Morgan Stanley initiates coverage on Mariner Energy (NYSE: ME) with an Underweight rating.
Thomas Weisel initiates coverage on CardioNet (Nasdaq: BEAT) with an Overweight rating. Price target $29.
JP Morgan initiates coverage on Invesco (NYSE: IVZ) with an Overweight rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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