Notable Analyst Rating Changes 6/2: CAL, UFS, CHU, ISRG Upgraded; JNPR, KAI, AVAV, GGC Downgraded
UPGRADES:
JP Morgan upgrades Continental (NYSE: CAL) from Neutral to Overweight with a $13 price target, citing valuation after recent sell-off.
Credit Suisse upgrades Domtar (NYSE: UFS) from Neutral to Outperform.
UBS upgrades China Unicom (NYSE: CHU) from Neutral to Buy.
Needham upgrades Intuitive Surgical, Inc. (Nasdaq: ISRG) from Hold to Buy with a $180 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Juniper (Nasdaq: JNPR) from Buy to Neutral, citing valuaiton.
J.P. Morgan downgrades Kadant (NYSE: KAI) from Overweight to Neutral.
Stifel Nicolaus downgrades AeroVironment (Nasdaq: AVAV) from Buy to Hold.
BB&T Capital downgrades Georgia Gulf (NYSE: GGC) from Hold to Underweight.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Roth Capital initiates coverage on Wendy’s/Arby’s Group (NYSE: WEN) with a Hold. Price target $5.
Thomas Weisel initiates coverage on Forest Labs (NYS: FRX) with a Marketweight. Price target $26.
Cowen & Co initiates coverage on Costco (Nasdaq: COST) with a Neutral.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
JP Morgan upgrades Continental (NYSE: CAL) from Neutral to Overweight with a $13 price target, citing valuation after recent sell-off.
Credit Suisse upgrades Domtar (NYSE: UFS) from Neutral to Outperform.
UBS upgrades China Unicom (NYSE: CHU) from Neutral to Buy.
Needham upgrades Intuitive Surgical, Inc. (Nasdaq: ISRG) from Hold to Buy with a $180 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Juniper (Nasdaq: JNPR) from Buy to Neutral, citing valuaiton.
J.P. Morgan downgrades Kadant (NYSE: KAI) from Overweight to Neutral.
Stifel Nicolaus downgrades AeroVironment (Nasdaq: AVAV) from Buy to Hold.
BB&T Capital downgrades Georgia Gulf (NYSE: GGC) from Hold to Underweight.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Roth Capital initiates coverage on Wendy’s/Arby’s Group (NYSE: WEN) with a Hold. Price target $5.
Thomas Weisel initiates coverage on Forest Labs (NYS: FRX) with a Marketweight. Price target $26.
Cowen & Co initiates coverage on Costco (Nasdaq: COST) with a Neutral.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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