Notable Analyst Rating Changes 8/12: ALL, CREE, LINTA, CVGI, BPI, CRM Upgraded; LPX, YRCW, SPWRA Downgraded
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UPGRADES:
Bank of America upgrades Allstate (NYSE: ALL) from Neutral to Buy and raises their price target form $32 to $33.
Bank of America upgrades Cree, Inc. (Nasdaq: CREE) from Underperform to Neutral. Price target increased from $23 to $35.
Bank of America upgrades Liberty Media Interactive (Nasdaq: LINTA) from Underperform to Buy and raises their price target from $3.25 to $15.
JP Morgan upgrades Commercial Vehicle Group (Nasdaq: CVGI) from Underweight to Overweight, with a $7 price target.
Piper Jaffray & Co. upgrades Bridgepoint Education (NYSE: BPI) from Neutral to Overweight. Click here for more color on the upgrade.
Morgan Stanley upgrades Salesforce.com (NYSE: CRM) from Underweight to Equal-weight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Louisiana-Pacific Corp. (NYSE: LPX) from Buy to Neutral, citing valuation as the stock is up 30.7% since their May 11, 2009 upgrade.
Stifel Nicolaus downgrades YRC Worldwide (Nasdaq: YRCW) from Hold to Sell.
Bank of America downgrades SunPower (Nasdaq: SPWRA) from Neutral to Underperform. Price target dropped from $33 to $26.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Jesup & Lamont initiates coverage on Starbucks (Nasdaq: SBUX) with a Buy. Here is more color.
Deutsche Bank initiates coverage on Seattle Genetics (Nasdaq: SGEN) with a Buy rating and $14 price target. Click here for more color on the coverage.
Jesup & Lamont initiates coverage on Chipotle Mexican Grill (NYSE: CMG) with a Sell rating. Click here for the full report.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Bank of America upgrades Allstate (NYSE: ALL) from Neutral to Buy and raises their price target form $32 to $33.
Bank of America upgrades Cree, Inc. (Nasdaq: CREE) from Underperform to Neutral. Price target increased from $23 to $35.
Bank of America upgrades Liberty Media Interactive (Nasdaq: LINTA) from Underperform to Buy and raises their price target from $3.25 to $15.
JP Morgan upgrades Commercial Vehicle Group (Nasdaq: CVGI) from Underweight to Overweight, with a $7 price target.
Piper Jaffray & Co. upgrades Bridgepoint Education (NYSE: BPI) from Neutral to Overweight. Click here for more color on the upgrade.
Morgan Stanley upgrades Salesforce.com (NYSE: CRM) from Underweight to Equal-weight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Louisiana-Pacific Corp. (NYSE: LPX) from Buy to Neutral, citing valuation as the stock is up 30.7% since their May 11, 2009 upgrade.
Stifel Nicolaus downgrades YRC Worldwide (Nasdaq: YRCW) from Hold to Sell.
Bank of America downgrades SunPower (Nasdaq: SPWRA) from Neutral to Underperform. Price target dropped from $33 to $26.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Jesup & Lamont initiates coverage on Starbucks (Nasdaq: SBUX) with a Buy. Here is more color.
Deutsche Bank initiates coverage on Seattle Genetics (Nasdaq: SGEN) with a Buy rating and $14 price target. Click here for more color on the coverage.
Jesup & Lamont initiates coverage on Chipotle Mexican Grill (NYSE: CMG) with a Sell rating. Click here for the full report.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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- Trading Radar for 05/22: Best Buy (BBY), Dell (DELL), Qihoo 360 (QIHU), Take-Two (TTWO), AutoZone (AZO) Report
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