Notable Analyst Rating Changes 10/02: AAPL, INTC, USB, BBT, CMCSA, WYNN, COST Upgraded; NOK, LTM, PNC Downgraded
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More News related to CAVM
- Cavium Networks Presenting at Barclays Capital Global Technology Conference
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- GC Research Upgrades Cavium Networks (CAVM) to Neutral
- Cavium Networks (CAVM) to Acquire MontaVista Software for $50 Million; Accretive to 2010 Earnings
- Cavium Networks Signs Definitive Agreement to Acquire MontaVista Software
UPGRADES:
UBS upgrades Apple (Nasdaq: AAPL) from Neutral to Buy, citing higher iPhone expectations. The firm also raised its price target from $170 to $265. This new target represents the new "Street high". Click here for more color.
Oppenheimer upgrades Intel Corporation (Nasdaq: INTC) from Market Perform to Outperform with a $28 price target.
KBW upgraded shares of US Bancorp (NYSE: USB) and BB&T (NYSE: BBT) from Market Perform to Outperform, citing valuation and strategic opportunities. The firm raised its price target on US Bancorp from $21 to $28 and its target on BB&T from $28 to $33.
Wells Fargo upgrades Comcast (Nasdaq: CMCSA) from Market Perform to Outperform. Valuation range increased to $19-21 from $15-18. Click here to see more color on the upgrade.
Just one day after initiating coverage at a Hold, Soleil has upgraded shares of Wynn Resorts (Nasdaq: WYNN) from Hold to Buy this morning. The firm maintained its $80 price target. Click here for the full report.
Robert W. Baird upgrades Costco Wholesale (Nasdaq: COST) from Neutral to Outperform. The firm also raised its price target from $53 to $65.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Piper Jaffray & Co. downgrades Nokia Corporation (NYSE: NOK) to Neutral. Price target lowered from $16 to $14. Click here to see more color on the downgrade.
Oppenheimer downgrades Life Time Fitness (NYSE: LTM) from Outperform to Perform. Price target increased from $27 to $30.
KBW downgraded shares of PNC Financial (NYSE: PNC) from Market Perform to Underperform and raised the stock's price target from $33 to $39.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Janney Montgomery Scott analyst initiated coverage on First Solar (Nasdaq: FSLR) with a Buy rating, SunPower (Nasdaq: SPWRA) with a Buy rating, Suntech (NYSE: STP) with a Neutral rating and Yingli Green Energy (NYSE: YGE) with a Neutral rating.
Auriga initiates coverage on Cavium Networks (Nasdaq: CAVM) with a Buy rating and $27 price target. Here is the full report.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
-3.60Related Entities
- Piper Jaffray
- UBS
- Robert W Baird
- Soleil Securities
- Janney Montgomery Scott
- BB&T Capital Markets
- Notable Analyst Rating Changes
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