Notable Analyst Rating Changes 5/12: ECA, MMC, RSTO Upgraded; FDX, AIG, DRS Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Raymond James upgrades EnCana (NYSE: ECA) from Outperform to Strong Buy.
Goldman Sachs upgrades Marsh & McLennan (NYSE: MMC) from Sell to Neutral.
Raymond James upgrades Restoration Hardware (Nasdaq: RSTO) from Underperform to Market Perform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Morgan Keegan downgrades FedEx (NYSE: FDX) from Outperform to Market Perform.
Goldman Sachs downgrades AIG (NYSE: AIG) from Buy to Neutral, saying market concerns will continue to pressure shares.
Credit Suisse downgrades DRS Technologies (NYSE: DRS) from Outperform to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Brean Murray assumes coverage on Network Equipment Technologies (NYSE: NWK) with a Buy rating and a $8 price target.
Deutsche Bank initiates Third Wave Technologies (NASDAQ: TWTI) with a Buy rating and a $12 price target.
Merriman Curhan initiates coverage on Capstone Turbine (Nasdaq: CPST) with a Buy, saying company is positioned from long-term growth.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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- Credit Suisse
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- Brean Murray Carret & Co.
- Goldman Sachs
- Raymond James
- Merriman Curhan Ford
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