Notable Analyst Rating Changes 8/29: CBT, NZ, INCY Upgraded; WBD, ENER, WSM Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
J.P. Morgan upgrades Cabot (NYSE: CBT) from Neutral to Overweight.
Merriman Curhan upgrades Netezza (NYSE: NZ) from Hold to Buy.
ARGUS upgrades Incyte Corp. (Nasdaq: INCY) from Hold to Buy based on valuation and the solid trial results of INCB18424.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Wimm-Bill Dann Foods (NYSE: WBD) to Neutral from Buy.
Piper Jaffray downgrades Energy Conversion Devices (Nasdaq: ENER) from Buy to Neutral but raises its price target from $58 to $73.
Thomas Weisel downgrades Williams-Sonoma (NYSE: WSM) from Overweight to Market Weight.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Morgan Stanley initiates coverage on Elan (NYSE: ELN) with an Overweight rating, citing valuation and its view that Tysabri's withdrawal is a low probability event.
Merrill Lynch initiates coverage on Regency Energy Partners (Nasdaq: RGNC) with a Neutral. Price target $27.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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- Piper Jaffray
- UBS
- JPMorgan
- Citi
- Morgan Stanley
- Merrill Lynch
- Merriman Curhan Ford
- Thomas Weisel Partners Group
- Argus
- Notable Analyst Rating Changes
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