Notable Analyst Rating Changes 6/26: ITW, DB, AAUK Upgraded; JAZZ, OSG, TWB Downgraded
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UPGRADES:
Wachovia upgrades Illinois Tool Works (NYSE: ITW) from Market Perform to Outperform. Valuation range: $45 to $48. Click here for more color on the upgrade.
UBS upgrades Deutsche Bank (NYSE: DB) from Neutral to Buy.
Barclays upgrades Anglo American (Nasdaq: AAUK) from Equalweight to Overweight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Barclays downgrades Jazz Pharma (Nasdaq: JAZZ) from Overweight to Underweight and lowers its price target from $8 to $5.
FBR Capital downgrades Overseas Shipholding Group Inc. (NYSE: OSG) from Outperform to Market Perform and lowered its price target from $37 to $34, citing a balanced risk/reward profile at this price.
Susquehanna downgrades Tween Brands (NYSE: TWB) from Positive to Neutral. Click here to see the full report.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Citi starts Caterpillar (NYSE: CAT) with a Hold, price target $36, Eaton (NYSE: ETN) with a Buy, price target $55, Cummins (NYSE: CMI) at Buy and Deere (NYSE: DE) at Buy.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Wachovia upgrades Illinois Tool Works (NYSE: ITW) from Market Perform to Outperform. Valuation range: $45 to $48. Click here for more color on the upgrade.
UBS upgrades Deutsche Bank (NYSE: DB) from Neutral to Buy.
Barclays upgrades Anglo American (Nasdaq: AAUK) from Equalweight to Overweight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Barclays downgrades Jazz Pharma (Nasdaq: JAZZ) from Overweight to Underweight and lowers its price target from $8 to $5.
FBR Capital downgrades Overseas Shipholding Group Inc. (NYSE: OSG) from Outperform to Market Perform and lowered its price target from $37 to $34, citing a balanced risk/reward profile at this price.
Susquehanna downgrades Tween Brands (NYSE: TWB) from Positive to Neutral. Click here to see the full report.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Citi starts Caterpillar (NYSE: CAT) with a Hold, price target $36, Eaton (NYSE: ETN) with a Buy, price target $55, Cummins (NYSE: CMI) at Buy and Deere (NYSE: DE) at Buy.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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