Notable Analyst Rating Changes 8/4: CX, NEU, CHK, AKAM Upgraded; DE, AKS, ESRX, ELN Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Morgan Stanley upgrades Cemex (NYSE: CX) from Underweight to Equal Weight, citing valuation.
Oppenheimer and Gabelli upgrade NewMarket (NYSE: NEU) to Outperform and Buy, respectively.
Capital One Southcoast upgrades Chesapeake Energy Corp. (NYSE: CHK) from Add to Strong Buy with a $92 price target, citing an attractive valuation and upcoming catalysts.
Jefferies upgrades Akamai (Nasdaq: AKAM) from Hold to Buy with a $29 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Deere & Co. (NYSE: DE) from Buy to Neutral.
Longbow Reseach downgrades AK Steel (NYSE: AKS) from Buy to Neutral.
Broadpoint Capital downgrades Express Scripts (Nasdaq: ESRX) from Strong Buy to Buy.
Credit Suisse downgrades Elan (NYSE: ELN) from Outperform to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Banc of America initiates coveage on Amgen (Nasdaq: AMGN) with a Buy rating and $70 price target.
Morgan Joseph initiates coverage on Immunogenic (NASDAQ: IMGN) with a Buy rating and a $7 price target.
Merriman Curhan Ford initiates coverage on Cree (Nasdaq: CREE) with a Neutral rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Credit Suisse
- Goldman Sachs
- Morgan Stanley
- Jefferies & Co
- Banc of America
- Morgan Joseph
- Merriman Curhan Ford
- Broadpoint Capital
- Capital One Southcoast
- Longbow Research
- Notable Analyst Rating Changes
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