Notable Analyst Rating Changes 9/5: UL, MON, NAV, HOS Upgraded; ANF, TJX, AMD, NBR Downgraded
UPGRADES:
UBS upgrades Unilever (NYSE: UL) from Sell to Neutral.
Credit Suisse upgrades Monsanto (NYSE: MON) from Neutral to Outperform.
J.P. Morgan upgrades Navistar (NYSE: NAV) from Neutral to Overweight.
Goldman Sachs upgrades Hornbeck Offshore (NYSE: HOS) from Sell to Neutral with a $50 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Citi downgrades Abercrombie & Fitch Co (NYSE: ANF) from Buy to Sell. Price target slashed from $73 to $45.
Lehman Bros. downgrades TJX Companies (NYSE: TJX) from Overweight to Equalweight.
Merrill Lynch downgrades Advanced Micro Devices (NYSE: AMD) from Neutral to Sell, citing valuation.
Goldman Sachs downgrades Nabors (NYSE: NBR) from Buy to Neutral and lowered its price target from $56 to $41.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Merrill Lynch resumes coverage on Genzyme (Nasdaq: GENZ) with a Buy.
Morgan Stanley assumes coverage on Johnson & Johnson (NYSE: JNJ) with an Overweight.
Morgan Stanley assumes coverage on Boston Scientific (NYSE: BSX) with an Overweight.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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-0.72Related Entities
- Credit Suisse
- UBS
- JPMorgan
- Goldman Sachs
- Citi
- Morgan Stanley
- Merrill Lynch
- Lehman Brothers
- Notable Analyst Rating Changes
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