Notable Analyst Rating Changes 9/3: X, UTX, BP, ARQL Upgraded; CAG, TWX, LLTC, CRDN Downgraded
UPGRADES:
CIBC upgrades U.S. Steel (NYSE: X) from Sector Perform to Outperform.
UBS upgrades United Technologies (NYSE: UTX) from Neutral to Buy, saying the stock is a performer in periods of economic weakness.
Goldman Sachs upgrades BP (NYSE: BP) from Neutral to Buy and adds the stock to their Conviction Buy List.
Banc of America upgrades ArQule (Nasdaq: ARQL) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
J.P. Morgan downgrades ConAgra Foods (NYSE: CAG) from Overweight to Neutral.
Sanford Bernstein downgrades Time Warner (NYSE: TWX) from Outperform to Market Perform.
Goldman Sachs downgrades Linear Technology Corp. (Nasdaq: LLTC) from Buy to Neutral with a $38 price target.
Wachovia Securities downgrades Ceradyne (Nasdaq: CRDN) from Market Perform to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Jesup & Lamont initiates coverage on Home Depot (NYSE: HD) with a Hold.
Jesup & Lamont initiates coverage on Lowe's (NYSE: LOW) with a Buy. Price target $30.
Piper Jaffray initiates coverage on GT Solar International, Inc. (Nasdaq: SOLR) with a Buy rating and $15 price target.
Soleil Securities initiates coverage on Campbell Soup (NYSE: CPB) with a Buy - Top Pick in Group. Price target $44.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- Goldman Sachs Conviction Buy List
- Piper Jaffray
- UBS
- JPMorgan
- Goldman Sachs
- CIBC
- Wachovia
- Soleil Securities
- Banc of America
- Sanford C. Bernstein
- Jesup & Lamont
- Notable Analyst Rating Changes
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