Notable Analyst Rating Changes 7/22: QLGC, BBI, ARTC Upgraded; TXN, MRK, SNDK Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Citi upgrades QLogic Corp (Nasdaq: QLGC) from Hold to Buy. Price target increased by $2 to $20. Needham & Co. also upgraded the stock from Hold to Buy.
Pali Research upgrades Blockbuster (NYSE: BBI) from Neutral to Buy with a $4 price target.
BMO Capital upgrades ArthroCare (Nasdaq: ARTC) from Underperform to Market Perform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Merrill Lynch downgrades Texas Instruments (NYSE: TXN) from Buy to Neutral. Price target lowered to $27.
Merrill Lynch downgrades Merck (NYSE: MRK) from Buy to Neutral.
Citi and Needham downgrade SanDisk (Nasdaq: SNDK) to Sell and Hold, respectively.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
BofA resumes coverage on Alcoa (NYSE: AA) with a Buy.
Caris & Co initiates coverage on Clear Channel Outdoor (NYSE: CCO) with a Below Average rating. Price target $12.
Stifel Nicolaus initiates coverage on Fifth Street Finance (NYSE: FSC) with a Buy rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Create E-mail AlertRelated Categories
Special ReportsStocks Mentioned
+0.03
-0.27Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
