Notable Analyst Rating Changes 9/8: (LLY) (ENB) (JCI) Upgraded; (NKE) (ABBV) (AAPL) Downgraded

September 8, 2016 10:22 AM EDT

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UPGRADES
JPMorgan upgraded Eli Lilly (NYSE: LLY) from Neutral to Overweight with a price target of $95.

Goldman Sachs upgraded Enbridge (NYSE: ENB) from Neutral to Buy with a price target of $48.

Macquarie upgraded Johnson Controls (NYSE: JCI) from Neutral to Outperform with a price target of $55.

HSBC upgraded Petrobras (NYSE: PBR) from Hold to Buy.

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

DOWNGRADES
Piper Jaffray downgrades Nike (NYSE: NKE) from Overweight to Neutral with a price target of $58. Click Here for more color.

JPMorgan drops Abbvie (NYSE: ABBV) from Overweight to Neutral and moves its price target from $75 to $73.

Wells Fargo cuts Apple (Nasdaq: AAPL) from Outperform to Market Perform and lowered its price target from $115 - $125 to a range of $105-$120. Click Here for more color.

BWS Financial lowers Sigma Designs (Nasdaq: SIGM) from Hold to Sell with a price target of $6.

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

NEW COVERAGE
JMP Securities initiates Canadian Solar (Nasdaq: CSIQ) with a Market Perform rating.

Barclays assumes coverage on Hannon Armstrong (NYSE: HASI) with an Overweight rating and a price target of $27.

JPMorgan resumes VMware (NYSE: VMW) with an Overweight rating and a price target of $90.

Credit Suisse reinstates coverage on Axalta Coating Systems (NYSE: AXTA) with a Outperform rating and a price target of $34. Click Here for more color.

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

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