Notable Analyst Rating Changes 9/29: RL, PVH, COP, USB, BRCM, ATHN, MOV Upgraded; SNV, AZN, PD, FRP Downgraded
UPGRADES:
Goldman Sachs upgrades Polo Ralph Lauren Corporation (NYSE: RL) from Neutral to Buy with a $90 price target.
Bank of America Merrill Lynch upgrades Phillips-Van Heusen (NYSE: PVH) from Neutral to Buy. The firm raised its price target from $45 to $54.
Collins Stewart upgrades ConocoPhillips (NYSE: COP) from Hold to Buy. Price target $60. Here is more color on the upgrade.
FBR Capital upgrades U.S. Bancorp (NYSE: USB) to Market Perform from Underperform, raises price target to $21 from $14. Click here to see the full report.
Barclays upgrades Broadcom (Nasdaq: BRCM) from Equalweight to Overweight. The firm raised its price target from $30 to $35.
Baird upgrades athenahealth (Nasdaq: ATHN) from Neutral to Outperform. Price target increased to $46 from $33.
Morgan Joseph upgrades Movado (NYSE: MOV) from Hold to Buy. Price target $16.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
FBR Capital downgrades Synovus (NYSE: SNV) from Market Perform to Underperform; lowers price target to $2.50 from $3.00. Click here for the full report.
Collins Stewart downgrades AstraZeneca (NYSE: AZN) from Hold to Sell.
Oppenheimer downgrades ProLogis (NYSE: PLD) from Outperform to Perform.
Gabelli & Co downgrades FairPoint Communications (NYSE: FRP) from Hold to Sell.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Standpoint Research initiates coverage on Amazon.com (Nasdaq: AMZN) with a Sell.
Citi initiates coverage on Coca-Cola (NYSE: KO) with a Buy rating and a $61 price target.
Susquehanna initiates coverage on MasterCard Incorporated (NYSE: MA) with a Positive rating and $244 price target. The firm likes MasterCard for three primary reasons: operating margin expansion, Europe, and Canada. Here is the full report.
Hapoalim Securities initiates coverage on SUPERVALU (NYSE: SVU) with an Underperform rating. Price target $11. Click here to see more color.
Gabelli & Co initiates coverage on Transocean (NYSE: RIG) with a Buy.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Citi
- Merrill Lynch
- Robert W Baird
- Banc of America
- Morgan Joseph
- Collins Stewart
- Barclays
- Gabelli & Company
- Susquehanna International Group of Companies
- Notable Analyst Rating Changes
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