Notable Analyst Rating Changes for 11/20: STP, HES, DDS, LINTA Upgraded; PFG, CSX, VRSN, BOFL, D, ADCT Downgraded

November 20, 2009 10:55 AM EST

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Soleil upgrades Suntech Power Holdings (NYSE: STP) from Sell to Hold, price target increased to $13.50. Click Here for more color.

Morgan Stanley upgrades Hess Corp (NYSE: HES) from Equalweight to Overweight.

Deutsche Bank upgrades Dillard's (NYSE: DDS) from Hold to Buy with a $28 price target, saying Q3 sets a new trajectory. Click Here for more color.

Citi upgrades Liberty Media Interactive (NASDAQ: LINTA) from Hold to Buy. Price target increased to $13.25.

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

DOWNGRADES:
Morgan Stanley downgrades Principal Financial Group (NYSE: PFG) from Overweight to Equalweight.

Stifel Nicolaus downgrades CSX Corp. (NYSE: CSX) from Buy to Hold.

Wedbush downgrades VeriSign (NASDAQ: VRSN) from Outperform to Neutral. Price target lowered from $25 to $23. Click Here for more color.

Stifel Nicolaus downgrades Bank of Florida Corp. (NASDAQ: BOFL) two-notches from Buy to Sell.

Citi downgrades Dominion Resources (NYSE: D) from Hold to Sell. Price target lowered by $1 to $32.

Craig-Hallum downgrades ADC Telecom (NASDAQ: ADCT) from Buy to Accumulate. Price target lowered from $10 to $7.

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

NEW COVERAGE:
BMO starts several in the semiconductor industry:

  • Texas Instruments (NYSE: TXN) with an Outperform rating and a $33 price target;

  • Marvell Technology (NASDAQ: MRVL) with an Outperform and a $23 target;

  • Intel (NASDAQ: INTC) with an Outperform and a $26 target;

  • Broadcom (NASDAQ: BRCM) with an Outperform and a $37 target;

  • Xilinx (NASDAQ: XLNX) with a Market Perform and a $25 target;

  • NVIDIA (NASDAQ: NVDA) with a Market Perform and a $14 target;

  • Maxim Integrated (NASDAQ: MXIM) with a Market Perform and an $18 target;

  • Linear Technology (NASDAQ: LLTC) with a Market Perform and $31 target;

  • AMD (NYSE: AMD) with a Market Perform and a $7 target;

  • Altera (NASDAQ: ALTR) with a Market Perform and a $22 target;

  • Analog Devices (NYSE: ADI) with a Market Perform and a $31 target.
Jefferies & Co initiates coverage on Brinker International (NYSE: EAT) with a Buy rating. Price target $17.

KeyBanc initiates coverage on Cooper Industries (NYSE: CBE) with a Hold rating. Click Here for more color.

Wunderlich Securities initiates coverage on EXCO Resources (NYSE: XCO) with a Buy rating. Price target $22.

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


Related Categories

Special Reports

Stocks Mentioned

ADCT 6.53

+1.15 +21.38%
Volume: 10,448,857
Track ADCT

ADI 27.12

+0.32 +1.19%
Volume: 4,841,298
Track ADI

ALTR 21.96

+0.33 +1.53%
Volume: 9,430,546
Track ALTR

AMD 7.54

+0.12 +1.62%
Volume: 19,977,277
Track AMD

BOFL 1.32

-0.02 -1.49%
Volume: 210,001
Track BOFL

BRCM 29.54

+0.74 +2.57%
Volume: 11,622,598
Track BRCM

CBE 42.43

+0.35 +0.83%
Volume: 1,663,924
Track CBE

CSX 43.08

+0.57 +1.34%
Volume: 6,715,616
Track CSX

D 36.57

+0.30 +0.83%
Volume: 2,705,606
Track D

DDS 16.01

+0.40 +2.56%
Volume: 1,025,483
Track DDS

EAT 17.00

+0.70 +4.29%
Volume: 2,192,088
Track EAT

HES 57.69

+0.66 +1.16%
Volume: 4,967,550
Track HES

INTC 19.65

+0.30 +1.55%
Volume: 69,205,873
Track INTC

LINTA 10.64

+0.13 +1.24%
Volume: 1,914,092
Track LINTA

LLTC 26.67

+0.24 +0.91%
Volume: 4,184,301
Track LLTC

MRVL 18.24

+0.17 +0.94%
Volume: 13,912,796
Track MRVL

MXIM 17.79

+0.16 +0.91%
Volume: 3,160,758
Track MXIM

NVDA 16.06

-0.13 -0.80%
Volume: 23,253,696
Track NVDA

PFG 21.45

-0.74 -3.33%
Volume: 6,365,476
Track PFG

STP 13.01

+0.41 +3.25%
Volume: 2,832,198
Track STP

TXN 23.38

+0.28 +1.21%
Volume: 17,495,400
Track TXN

VRSN 23.00

+0.02 +0.09%
Volume: 4,305,155
Track VRSN

XCO 18.47

+0.51 +2.84%
Volume: 4,048,488
Track XCO

XLNX 23.81

+0.35 +1.49%
Volume: 8,005,656
Track XLNX


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