Notable Analyst Rating Changes 5/20: MCD, EPIQ, PG, IRE, TLB Upgraded; CL, BWY Downgraded
UPGRADES:
Deutsche Bank upgrades McDonald's (NYSE: MCD) from Hold to Buy, citing valuation, positive upcoming catalysts and attractive cash flow. The firm raised its price target from $60 to $65. Click here for more color.
KeyBanc upgrades EPIQ Systems, Inc. (Nasdaq: EPIQ) from Hold to Buy. Price target $17. Click here for more color on the upgrade.
Barclays Capital upgrades Procter & Gamble (NYSE: PG) from Equal-weight to Overweight and raises its price target from $56 to $60.
Deutsche Bank upgrades Bank of Ireland (NYSE: IRE) to Buy. Price target raised to E2. Click here for the full report.
FBR Capital upgrades Talbots (NYSE: TLB) from Market Perform to Outperform. Price target increased from $2 to $4. Here is the full report.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Barclays downgrades Colgate-Palmolive (NYSE: CL) from Overweight to Equalweight. Price target $68.
Deutsche Bank downgrades BWAY Corporation (NYSE: BWY) from Buy to Hold. Here is the full report.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Goldman Sachs restarted coverage on WellCare Health Plans, Inc. (NYSE: WCG) with a Buy and added the stock to their Conviction Buy List.
Wachovia resumes coverage on Visa, Inc. (NYSE: V) with an Outperform rating. Valuation Range of $82
to $84. Click here to see full color on the coverage.
FBR Capital initiates coverage on Diana Shipping (NYSE: DSX) with an Outperform and sets an $18 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Deutsche Bank upgrades McDonald's (NYSE: MCD) from Hold to Buy, citing valuation, positive upcoming catalysts and attractive cash flow. The firm raised its price target from $60 to $65. Click here for more color.
KeyBanc upgrades EPIQ Systems, Inc. (Nasdaq: EPIQ) from Hold to Buy. Price target $17. Click here for more color on the upgrade.
Barclays Capital upgrades Procter & Gamble (NYSE: PG) from Equal-weight to Overweight and raises its price target from $56 to $60.
Deutsche Bank upgrades Bank of Ireland (NYSE: IRE) to Buy. Price target raised to E2. Click here for the full report.
FBR Capital upgrades Talbots (NYSE: TLB) from Market Perform to Outperform. Price target increased from $2 to $4. Here is the full report.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Barclays downgrades Colgate-Palmolive (NYSE: CL) from Overweight to Equalweight. Price target $68.
Deutsche Bank downgrades BWAY Corporation (NYSE: BWY) from Buy to Hold. Here is the full report.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Goldman Sachs restarted coverage on WellCare Health Plans, Inc. (NYSE: WCG) with a Buy and added the stock to their Conviction Buy List.
Wachovia resumes coverage on Visa, Inc. (NYSE: V) with an Outperform rating. Valuation Range of $82
to $84. Click here to see full color on the coverage.
FBR Capital initiates coverage on Diana Shipping (NYSE: DSX) with an Outperform and sets an $18 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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