Notable Analyst Rating Changes 9/16: AMZN, AXP, COF, FO, GRMN, WMG, TTWO Upgraded; VZ, GIS, MSO, NFX Downgraded
UPGRADES:
Merrill Lynch/BAM is upgrading Amazon.com (NASDAQ: AMZN) to Buy from Neutral with a $103 price target (prev. $95) Click here for the full report.
An analyst at Sandler O'Neill upgraded shares of American Express (NYSE: AXP) and Capital One (NYSE: COF) from Sell to Hold this morning. The firm raised its price target on AmEx from $24 to $35 and its target on Capital One from $30 to $40.
Goldman Sachs upgrades Fortune Brands, Inc. (NYSE: FO) from Neutral to Buy with a $48 price target.
Deutsche Bank upgrades Garmin (Nasdaq: GRMN) to Hold. Price target increased from $15 to $33. Click here for more color on the upgrade.
Citi upgrades Warner Music Group (NYSE: WMG) from Sell to Buy. Price target increased from $2.50 to $6.
Piper Jaffray upgrades Take-Two Interactive (Nasdaq: TTWO) from Neutral to Overweight. Price target $15. Click here to see the full report.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Verizon Communications (NYSE: VZ) from Buy to Neutral.
Goldman Sachs downgrades General Mills, Inc. (NYSE: GIS) from Buy to Neutral with a $66 price target.
JPMorgan downgrades Martha Stewart Living (NYSE: MSO) from Neutral to Underweight with a price target of $5.
Calyon Securities downgrades Newfield Exploration (NYSE: NFX) from Buy to Underperform. Price target $44.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
An analyst at Gabelli & Co. has initiated coverage on shares of MasterCard (NYSE: MA) with a Buy rating.
Collins Stewart initiates coverage of the Health Plan sector with a Market Weight rating as we look for favorable (non-negative) developments on the healthcare reform front to be offset by continued medical cost pressures.
Wells Fargo initiates coverage on America Movil (NYSE: AMX) with an Outperform rating. $54-58 per share valuation range. Click here for more color.
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
- UBS
- JPMorgan
- Citi
- Merrill Lynch
- Calyon Securities
- Collins Stewart
- Gabelli & Company
- Notable Analyst Rating Changes
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