Notable Analyst Rating Changes 7/11: SPWR, APC, NDAQ Upgraded; ELN, TEVA, WB Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Merrill Lynch upgrades SunPower (Nasdaq: SPWR) from Underperform to Neutral.
Wachovia upgrades Anadarko Petroleum (NYSE: APC) from Market Perform to Outperform with an $85 to $95 valuation range, a 35% upside from current levels.
Raymond James upgrades Nasdaq (Nasdaq: NDAQ) from Market Perform to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Piper Jaffray downgrades Elan (NYSE: ELN) from Neutral to Sell with a $25 price target.
FTN Midwest downgrades Teva Pharmaceutical (Nasdaq: TEVA) from Buy to Neutral.
Fox-Pitt downgrades Wachovia (NYSE: WB) from Outperform to In-Line.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Deutsche Bank initiates coverage on Google (Nasdaq: GOOG) with a Buy rating and $635 price target.
Jefferies & Co initiates coverage on Walgreen (NYSE: WAG) with a Hold. Price target $35.
Brean Murray initiates coverage of Elan Corporation plc (NYSE: ELN) with a Sell rating and $18 target price.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Piper Jaffray
- Deutsche Bank
- Brean Murray Carret & Co.
- Raymond James
- Jefferies & Co
- Merrill Lynch
- Wachovia
- FTN Midwest
- Fox-Pitt Kelton
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