Notable Analyst Rating Changes 9/8: GS, AMD, RIMM, NLY Upgraded; AZO, NOK, RFMD, GSK Downgraded
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UPGRADES:
Merrill Lynch upgrades Goldman Sachs (NYSE: GS) to Buy and Lehman Brothers (NYSE: LEH) to Neutral.
Banc of America upgrades Advanced Micro Devices Inc. (NYSE: AMD) from Sell to Neutral with a $6 price target.
Morgan Keegan upgrades Research In Motion (Nasdaq: RIMM) from Market Perform to Outperform.
Credit Suisse upgrades Annaly Capital (NYSE: NLY) from Neutral to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades AutoZone Inc. (NYSE: AZO) from Buy to Neutral and removes the stock from its Conviction Buy List.
Deutsche Bank downgrades Nokia (NYSE: NOK) from Buy to Hold. The firm also lowered its price target from Euro25 to Euro16.
Citi downgrades RF Micro Devices (Nasdaq: RFMD) from Buy to Hold. Price target $3.80.
Goldman Sachs downgrades GlaxoSmithKline (NYSE: GSK) from Neutral to Sell.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Morgan Stanley initiates coverage on Genzyme (Nasdaq: GENZ) with an Overweight rating. Price target $94.
Credit Suisse initiates coverage on ABB Ltd (NYSE: ABB) with an Underperform.
Credit Suisse initiates coverage on Philips Electronics (NYSE: PHG) with an Outperform.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
+0.00Related Entities
- Goldman Sachs Conviction Buy List
- Credit Suisse
- Deutsche Bank
- Goldman Sachs
- Citi
- Morgan Stanley
- Merrill Lynch
- Lehman Brothers
- Banc of America
- Morgan Keegan & Company
- Notable Analyst Rating Changes
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