Notable Analyst Rating Changes 6/5: TIN, NKE, PHM, JTX Upgraded; GPS, ANF, HOG, DD Downgraded
UPGRADES:
Deutsche Bank upgrades Temple-Inland (NYSE: TIN) from Hold to Buy and lifts its price target from $11 to $19. Click here for more color.
Baird upgrades Nike (NYSE: NKE) from Neutral to Outperform. Price target increased from $61 to $69.
Credit Suisse upgrades Pulte Homes (NYSE: PHM) from Underperform to Neutral.
Oppenheimer upgrades Jackson Hewitt (NYSE: JTX) from Perform to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Gap (NYSE: GPS) from Buy to Neutral and removed the stock from their Conviction Buy List, saying the shares reflect improvement at at Old Navy. The firm is maintaining their $18 price target.
Friedman Billings Ramsey downgrades Abercrombie & Fitch (NYSE: ANF) from Outperform to Market Perform.
Citi downgrades Harley-Davidson (NYSE: HOG) from Hold to Sell. Price target lowered from $21 to $16.
Bank of America downgrades DuPont (NYSE: DD) from Neutral to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Deutsche Bank initiates coverage on Dendreon (Nasdaq: DNDN) with a Buy rating and $36 price target. Click here for the full report.
Credit Suisse initiated coverage on Netflix (Nasdaq: NFLX) with an Underperform, its lowest rating. The firm also set a $31 price target which is 24% below yesterday's close of $40.71.
BB&T Capital initiates coverage on NIKE, Inc. (NYSE: NKE) with a Buy rating.
Deutsche Bank initiates coverage on Navistar International (NYSE: NAV) with a Buy rating and $57 price target, which implies 41% upside from current levels. Here is the full report.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Goldman Sachs Conviction Buy List
- Credit Suisse
- Deutsche Bank
- Goldman Sachs
- Citi
- Robert W Baird
- Banc of America
- Friedman, Billings, Ramsey
- BB&T Capital Markets
- Notable Analyst Rating Changes
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