Notable Analyst Rating Changes 5/29: ODP, JCG, NWSA, MS Upgraded; LVLT, BKC, SEE Downgraded
Up)
UPGRADES:
JP Morgan upgrades Office Depot (NYSE: ODP) from Neutral to Overweight. Click here for more color on the upgrade.
Goldman Sachs upgrades J. Crew Group, Inc. (NYSE: JCG) from Sell to Neutral and took the stock off its Conviction Sell List. The stock was also upgraded to Hold at Brean Murray.
JP Morgan upgrades News Corp (Nasdaq: NWSA) from Neutral to Overweight with a $12 price target.
Keefe, Bruyette & Woods upgrades Morgan Stanley (NYSE: MS) to Outperform. Price target $35. Click here for the full report.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Level 3 Communications (Nasdaq: LVLT) from Neutral to Sell.
Citi downgrades Burger King Holdings, Inc. (NYSE: BKC) from Buy to Hold. Price target lowered from $22 to $18. Click here for the full report.
Goldman Sachs downgrades Sealed Air Corp. (NYSE: SEE) from Neutral to Sell with a $19 price target.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Roth Capital initiates coverage on Broadcom (Nasdaq: BRCM) with a Hold. Price target $22.
Wunderlich Securities initiates coverage on Buckeye Partners (NYSE: BPL) with a Buy. Price target $48. Click here for the full report.
Deutsche Bank re-initiates coverage on Post Properties (NYSE: PPS) with a Sell. Click here for more color.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
JP Morgan upgrades Office Depot (NYSE: ODP) from Neutral to Overweight. Click here for more color on the upgrade.
Goldman Sachs upgrades J. Crew Group, Inc. (NYSE: JCG) from Sell to Neutral and took the stock off its Conviction Sell List. The stock was also upgraded to Hold at Brean Murray.
JP Morgan upgrades News Corp (Nasdaq: NWSA) from Neutral to Overweight with a $12 price target.
Keefe, Bruyette & Woods upgrades Morgan Stanley (NYSE: MS) to Outperform. Price target $35. Click here for the full report.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Level 3 Communications (Nasdaq: LVLT) from Neutral to Sell.
Citi downgrades Burger King Holdings, Inc. (NYSE: BKC) from Buy to Hold. Price target lowered from $22 to $18. Click here for the full report.
Goldman Sachs downgrades Sealed Air Corp. (NYSE: SEE) from Neutral to Sell with a $19 price target.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Roth Capital initiates coverage on Broadcom (Nasdaq: BRCM) with a Hold. Price target $22.
Wunderlich Securities initiates coverage on Buckeye Partners (NYSE: BPL) with a Buy. Price target $48. Click here for the full report.
Deutsche Bank re-initiates coverage on Post Properties (NYSE: PPS) with a Sell. Click here for more color.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
You May Also Be Interested In
- UPDATE: UBS Upgrades Morgan Stanley (MS) to Buy; Says Downside Already Priced In
- Notable Analyst Rating Changes 05/18: (MS) (MM) (PBR) Upgraded; (CAVM) (PWER) (CY) Downgraded
Create E-mail Alert Related Categories
Special ReportsRelated Entities
Goldman Sachs Conviction Sell List, Keefe, Bruyette & Woods, Deutsche Bank, Brean Murray Carret & Co., UBS, JPMorgan, Goldman Sachs, Citi, Morgan Stanley, Roth Capital, Notable Analyst Rating Changes, Wunderlich SecuritiesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
