Notable Analyst Rating Changes 5/28: HOT, KMX, SNDK, DMND Upgraded; CAT, SKS, URS, CSUN Downgraded
UPGRADES:
Goldman Sachs upgrades Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) from Sell to Buy and raised its price target to $27 per share.
Deutsche Bank upgrades CarMax (NYSE: KMX) from Hold to Buy. Click here to see the full report.
Goldman Sachs upgrades SanDisk Corp. (Nasdaq: SNDK) from Neutral to Buy and boosted its price target from $16 to $22, following yesterday's renewal with Samsung.
BB&T Capital upgrades Diamond Foods (Nasdaq: DMND) from Hold to Buy, following Q3 results after the close.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Catepillar (NYSE: CAT) from Neutral to Sell, citing low pricing power and conitined end market weakness.
Credit Suisse downgrades Saks Inc. (NYSE: SKS) from Neutral to Underperform.
Goldman Sachs downgrades URS Corp. (NYSE: URS) from Buy to Neutral.
Jefferies & Co downgrades China Sunergy (Nasdaq: CSUN) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Wachovia initiates coverage on Eaton Vance Corp. (NYSE: EV) with a Market Perform. Valuation Range: $28 to $30. Click here for the full report.
FBR Capital initiates coverage on Discover Financial Services (NYSE: DFS) with an Outperform rating and $11 price target.
Deutsche Bank assumes coverage on Harley-Davidson (NYSE: HOG) with a Buy. Price target $21. Here is more color on the coverage.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Goldman Sachs upgrades Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) from Sell to Buy and raised its price target to $27 per share.
Deutsche Bank upgrades CarMax (NYSE: KMX) from Hold to Buy. Click here to see the full report.
Goldman Sachs upgrades SanDisk Corp. (Nasdaq: SNDK) from Neutral to Buy and boosted its price target from $16 to $22, following yesterday's renewal with Samsung.
BB&T Capital upgrades Diamond Foods (Nasdaq: DMND) from Hold to Buy, following Q3 results after the close.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Catepillar (NYSE: CAT) from Neutral to Sell, citing low pricing power and conitined end market weakness.
Credit Suisse downgrades Saks Inc. (NYSE: SKS) from Neutral to Underperform.
Goldman Sachs downgrades URS Corp. (NYSE: URS) from Buy to Neutral.
Jefferies & Co downgrades China Sunergy (Nasdaq: CSUN) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Wachovia initiates coverage on Eaton Vance Corp. (NYSE: EV) with a Market Perform. Valuation Range: $28 to $30. Click here for the full report.
FBR Capital initiates coverage on Discover Financial Services (NYSE: DFS) with an Outperform rating and $11 price target.
Deutsche Bank assumes coverage on Harley-Davidson (NYSE: HOG) with a Buy. Price target $21. Here is more color on the coverage.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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