Notable Analyst Rating Changes 8/20: GG, AUY, ESI Upgraded; M, KSS, NVTL Downgraded

August 20, 2008 9:58 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
RBC Capital upgrades Goldcorp (NYSE: GG) from Sector Perform to Top Pick.

RBC Capital upgrades Yamana Gold (NYSE: AUY) from Sector Perform to Outperform.

BofA upgrades ITT Educational Services (NYSE: ESI) from Neutral to Buy.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
Goldman Sachs downgrades Macy's (NYSE: M) from Buy to Neutral with a $21 price target, citing valuation.

Goldman Sachs downgrades Kohl's Corp. (NYSE: KSS) from Buy to Neutral with a $48 price target, citing valuation.

Piper Jaffray and Morgan Joseph downgrade Novatel Wireless (Nasdaq: NVTL) to Sell and Hold, respectively.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Merrill Lynch initiates coverage on ReneSola Ltd. (NYSE: SOL) with a Buy rating and $30 price target.

Kaufman Bros initiates coverage on Salesforce.com (NYSE: CRM) with a Buy rating and $77 price target.

Goldman Sachs restarts coverage on Target (NYSE: TGT) with a Buy rating and $56 price target.

Leerink Swann initiates coverage on Amgen Inc. (Nasdaq: AMGN) with an Outperform rating.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


Related Categories

Special Reports

Stocks Mentioned

AMGN 68.12

+0.76 +1.13%
Volume: 2,837,065
Track AMGN

AUY 16.25

-0.05 -0.31%
Volume: 3,260,509
Track AUY

CRM 132.79

+4.35 +3.39%
Volume: 3,213,876
Track CRM

ESI 75.06

+1.39 +1.89%
Volume: 220,277
Track ESI

GG 45.72

-0.15 -0.33%
Volume: 2,112,842
Track GG

KSS 50.25

+0.37 +0.74%
Volume: 1,462,595
Track KSS

M 35.79

+0.11 +0.31%
Volume: 2,008,608
Track M

NVTL 3.32

+0.04 +1.22%
Volume: 38,936
Track NVTL

SOL 2.98

+0.02 +0.68%
Volume: 1,717,037
Track SOL

TGT 52.33

-0.10 -0.19%
Volume: 1,583,511
Track TGT


Related Entities


Add Your Comment





Follow StreetInsider.com On Twitter