Notable Analyst Rating Changes 7/1: SIRI, AXP, NVDA, CTAS Upgraded; FO, ALTR, RBN Downgraded
More News related to ALTR
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- Altera Announces Participation in Citi Investment Research 15th Annual Global Technology Conference
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More News related to AXP
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- Analyst Reports for Capital One Financial Corporation, Collective Brands, Inc., Taiwan Semiconductor Manufacturing Company Limited, and American Express Company
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- David Moenning's Daily State of the Markets: 9/4
More News related to CMCSA
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More News related to Special Reports
- CL King Upgrades TJX Companies (TJX) to Strong Buy
- CL King Upgrades Jos. A. Bank (JOSB) to Strong Buy
- Matrix USA Rating Changes 9/5
- UBS Upgrades Reinsurance Group (RGA) to Buy
- CL King Upgrades Jos. A. Bank (JOSB) to Strong Buy
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Merrill Lynch upgrades Sirius Satellite Radio, Inc. (Nasdaq: SIRI) from Neutral to Buy.
UBS upgrades American Express Company (NYSE: AXP) from Sell to Neutral but cut its price target to $41, citing valuation which they said already reflects a weak outlook. UBS expects the company to increase forecasts for credit losses.
FTN Midwest upgrades NVIDIA (Nasdaq: NVDA) from Sell to Neutral.
Citi upgrades Cintas Corp (Nasdaq: CTAS) from Sell to Hold. Price target $27.50.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Wachovia downgrades Fortune Brands Inc. (NYSE: FO) from Outperform to Market Perform, following Q2 pre-announcement.
Jefferies & Co downgrades Altera (Nasdaq: ALTR) from Hold to Underperform, citing current valuation. Price target $17.
BB&T downgrades Robbins & Myers (NYSE: RBN) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Morgan Stanley set coverage on Lehman Brothers (NYSE: LEH) and Goldman Sachs (NYSE: GS) with Overweight ratings.
Merriman Curhan initiates coverage on Intuitive Surgical (Nasdaq: ISRG) with a Neutral, citing concerns about capital equipment spending for small and mid-size hospitals.
UBS initiates coverage on Genzyme Corp. (Nasdaq: GENZ) with a Buy rating.
JPMorgan initiates coverage on Comcast Corp. (Nasdaq: CMCSA) with an Overweight rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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- UBS
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- Citi
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- FTN Midwest
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