Notable Analyst Rating Changes 5/1: CL, BGX, OIIM Upgraded; NLY, GRMN, YUM Downgraded

May 1, 2008 9:36 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Piper Jaffray upgrades O2Micro International Ltd. (Nasdaq: OIIM) from Neutral to Buy and raises its price target to $9, citing improving visibility.

Piper Jaffray upgrades B&G Foods, Inc. (NYSE: BGS) from Neutral to Buy with a $10 price target, citing a compelling valuation.

BMO Capital upgrades Colgate-Palmolive (NYSE: CL) from Market Perform to Outperform with an $82 price target.

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

DOWNGRADES:
Citi downgrades Annaly Capital (NYSE: NLY) from Buy to Hold. Price target $17.

Merrill Lynch downgrades Garmin (Nasdaq: GRMN) from Buy to Neutral.

UBS downgrades YUM! Brands (NYSE: YUM) from Buy to Neutral. Price target $43.

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

NEW COVERAGE:
Lehman Bros. initiates coverage on Visa (NYSE: V) with an Equalweight, citing positive long-term outlook, but suggests waiting for better entry point.

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


Related Categories

Special Reports

Stocks Mentioned

BGS 8.61

+0.06 +0.70%
Volume: 244,196
Track BGS

CL 85.98

-0.34 -0.39%
Volume: 1,676,869
Track CL

GRMN 30.41

+0.43 +1.43%
Volume: 1,415,626
Track GRMN

NLY 18.52

+0.04 +0.22%
Volume: 5,689,710
Track NLY

OIIM 4.45

+0.17 +3.97%
Volume: 71,785
Track OIIM

V 80.60

-1.62 -1.97%
Volume: 3,302,911
Track V

YUM 35.44

+0.12 +0.34%
Volume: 4,643,104
Track YUM


Related Entities


Add Your Comment