Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise.
The company operates through three divisions: Corporate and Investment Bank (CIB), Private Clients and Asset Management (PCAM) and Corporate Investments (CI) . The CIB division engages in the origination, sale, financing, structuring, and trading of fixed income, equity, equity-linked, convertible bond, foreign exchange, and commodities products. The PCAM segment provides portfolio/fund management products, including active fund management, passive/quantitative fund management, alternative investments, and discretionary portfolio management solutions in Germany and other continental European countries.UPGRADES:
Goldman Sachs upgrades RadioShack (NYSE: RSH) to Buy and added the stock to their Conviction Buy List. The firm raised their price target from $21 to $25. Click Here for more color.
JMP Securities upgrades QUALCOMM (NASDAQ: QCOM) from Market Perform to Market Outperform. The firm also set a $60 price target.
Bank of America upgrades Biogen Idec (NASDAQ: BIIB) from Underperform to Neutral. Price target increased from $48 to $58.
Bank of America upgrades American Axle (NYSE: AXL) from Underperform to Neutral. Price target increased from $7 to $9.
Deutsche Bank downgrades Continental Resources (NYSE: CLR) from Buy to Hold.
The downgrade comes in light of the stock's recent out performance and it trading above Deutsche's $53 price ...
