Notable Analyst Rating Changes 6/16: EBAY, GME, SPWR, WEN Upgraded; VZ, GE, T, OMX Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Stifel Nicolaus upgrades eBay (Nasdaq: EBAY) from Hold to Buy. The firm has a $35 price target on the stock.
Goldman Sachs upgrades GameStop (NYSE: GME) from Sell to Neutral.
Credit Suisse upgrades SunPower (Nasdaq: SPWR) from Neutral to Outperform.
Morgan Stanley upgrades Wendy's (NYSE: WEN) from Underweight to Equal-Weight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Verizon (NYSE: VZ) from Buy to Neutral. Price target $40.
JP Morgan downgrades General Electric (NYSE: GE) from Overweight to Neutral. The firm cited more earnings risk and lack of visibility. The fim cut its 2009 EPS estimates from $2.40 to $2.30.
UBS downgrades AT&T (NYSE: T) from Buy to Neutral, with a $39 price target.
Credit Suisse downgrades OfficeMax (NYSE: OMX) from Outperform to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
TD Newcrest initiates coverage on EnCana (NYSE: ECA) with a Hold rating and a $110 price target.
Friedman Billings initiates coverage on Maiden Holdings (Nasdaq: MHLD) with a Outperform. Price target $11.50.
Deutsche Bank initiates coverage on BGC Partners (NASDAQ: BGCP) with a Buy rating and a $13 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Credit Suisse
- Stifel Nicolaus
- Deutsche Bank
- UBS
- JPMorgan
- Goldman Sachs
- Morgan Stanley
- Friedman, Billings, Ramsey
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