Notable Analyst Rating Changes 5/26: AAPL, BAC, TM, YGE, Q Upgraded; FSLR, MWW, UNFI Downgraded
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UPGRADES:
Morgan Stanley upgrades Apple (Nasdaq: AAPL) from Equal Weight to Overweight, saying iPhone sales will drive better-than-expected earnings the next two years. Click here for full color on the upgrade.
FBR Capital upgrades Bank of America (NYSE: BAC) from Underperform to Market Perform and maintains their $12 price target.
Bank of America upgrades Toyota Motor Corp. (NYSE: TM) from Underperform to Buy.
Lazard Capital upgrades Yingli Green Energy (NYSE: YGE) from Hold to Buy.
JP Morgan upgrades Qwest (NYSE: Q) from Neutral to Overweight, citing valuation.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
FBR Capital downgrades First Solar (Nasdaq: FSLR) from Market Perform to Underperform and maintains their $110 price target, citing falling poly prices. Click here for full color on the report.
Wachovia downgrades Monster Worldwide, Inc. (NYSE: MWW) to Underperform. Here is the full report.
Goldman Sachs downgrades United Natural Foods, Inc. (Nasdaq: UNFI) from Neutral to Sell, citing valuation after stock run-up.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Citi resumes coverage on Sohu.com (Nasdaq: SOHU) with a Buy. Price target $75. Click here for the full report.
Citi initiates coverage on Changyou (Nasdaq: CYOU) with a Buy rating and $45 target price.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
+7.12Related Entities
- JPMorgan
- Goldman Sachs
- Citi
- Morgan Stanley
- Wachovia
- Banc of America
- Lazard
- Notable Analyst Rating Changes
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