Notable Analyst Rating Changes 6/12: SKS, CSX, SNIC, PBR Upgraded; AKS, ERIC, TWTC, HGSI Downgraded

June 12, 2009 9:45 AM EDT

UPGRADES:
Deutsche Bank upgrades Saks (NYSE: SKS) from Hold to Buy and a Street High $7 price target. Click here for more color on the upgrade.

Morgan Stanley upgrades CSX (NYSE: CSX) from Equal Weight to Overweight with a $52 price target, citing valuation.

William Blair upgrades Sonic Solutions (Nasdaq: SNIC) from Market Perform to Outperform.

Morgan Stanley upgrades Petroleo Brasileiro (NYSE: PBR) from Equalweight to Overweight. Price target $56.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
Goldman Sachs downgraded AK Steel Holding Corp. (NYSE: AKS) from Buy to Neutral, with a $20 price target.

Barclays downgrades Ericsson (Nasdaq: ERIC) from Equalweight to Underweight.

Kaufman Bros. downgrades tw telecom (Nasdaq: TWTC) from Buy to Hold.

Lazard Capital Markets downgrades Human Genome Sciences (Nasdaq: HGSI) from Hold to Sell.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Thomas Weisel initiates coverage on Vical (Nasdaq: VICL) with an Overweight rating. Price target $5.

Barclays initiates coverage on STMicroelectronics (NYSE: STM) with an Equalweight.

ThinkEquity initiates coverage on Becton, Dickinson (NYSE: BDX) with a Buy. Price target $83.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


Related Categories

Special Reports

Stocks Mentioned

AKS 16.96

+0.46 +2.79%
Volume: 9,600,065
Track AKS

BDX 70.54

+1.69 +2.45%
Volume: 2,629,948
Track BDX

CSX 47.69

+0.80 +1.71%
Volume: 4,925,918
Track CSX

ERIC 10.24

-0.14 -1.35%
Volume: 12,704,507
Track ERIC

HGSI 27.59

+0.02 +0.07%
Volume: 4,517,238
Track HGSI

PBR 49.01

-0.25 -0.51%
Volume: 10,885,867
Track PBR

SKS 6.13

+0.23 +3.90%
Volume: 7,544,906
Track SKS

SNIC 7.59

+1.21 +18.97%
Volume: 1,239,359
Track SNIC

STM 8.31

+0.04 +0.48%
Volume: 1,424,491
Track STM

TWTC 13.94

+0.24 +1.75%
Volume: 1,132,174
Track TWTC

VICL 3.06

+0.01 +0.33%
Volume: 380,989
Track VICL


Related Entities


Add Your Comment