Morgan Stanley
UPGRADES
Morgan Stanley upgrades Sandisk, Inc. (NASDAQ: SNDK) from Equal Weight to Overweight and setting a price target of $37. Click Here for more color.
Oppenheimer made changes on two major Home Improvement Retailers:Home Depot (NYSE: HD) from Perform to Outperform, and a price target raised to $37 from $26; and
Lowe's (NYSE: LOW) price target upped to $32 from $28, and the firm maintain's their Outperform rating.J.P. Morgan upgrades Whole Foods (NASDAQ: WFMI) from Neutral to Overweight. Price target ...
UPGRADES
Marriot (NYSE: MAR) gets an upgrade from three firms:Oppenheimer from Underperform to Perform. The firm also raised its price target from $19 to $25;
Susquehanna upgrades from Negative to Neutral. Click Here for more color;
FBR Research maintains a 'Market Perform' rating but raises their price target from $26 to $28. Click Here for more color.Deutsche Bank upgrades PNC Bank (NYSE: PNC) from Hold to Buy and raised their price target ...
Homebuilders are among one of the best performing sectors today as we have several news items which suggest that a bullish sentiment could be returning to the market. The SPDR S&P Homebuilders ETF (NYSE: XHB) is up more than 2.7% today.
following DR Horton's (NYSE: DHI) surprise Q1 profit last week ...
UPGRADES:
Jefferies upgraded Strabucks (NASDAQ: SBUX) from Hold to Buy, lifting their price target from $22 to $25.
Citigroup upgrades DR Horton (NYSE: DHI) from Sell to Hold with a $10.50 price target.
Morgan Stanley is upgrading Deere (NYSE: DE) to Overweight from Equal-Weight with a $64 price target (prev. $48). For more color, Click Here.
J.P. Morgan upgrades WellPoint (NYSE: WLP) from Neutral to Overweight.
Rodman ...
Has the Tide Turned?
If you had been out on the golf course yesterday afternoon and someone told you in the clubhouse that the Dow closed down 8 points, you might be inclined to think that it was a blasé day where nothing of subsequence occurred. However, you’d also be mistaken.
Okay, we’ll admit that the price action wasn’t terribly inspiring yesterday and that on a chart basis it did appear that it was a rather no-nothing day. But, it is our humble opinion that there was definitely something worthy of note to take away from the session.
No, we’re not talking about the fact that a couple of big-name banks will need to raise some additional capital. Actually, it is kind of surprising that it took so long for the results of the so-called stress tests to be leaked. And no, we are most definitely not talking about the ...
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David Moenning's Daily State of the Markets: 3/3
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Morning Movers 3/3: AutoZone (AZO) Jumps On Strong Results, Blount (BLT) Lower
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David Moenning's Daily State of the Markets: 2/9
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David Moenning's Daily State of the Markets: 2/3
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David Moenning’s Daily State of the Markets: 11/03
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David Moenning's Daily State of the Markets: 10/24
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David Moenning's Daily State of the Markets: 9/9
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David Moenning's Daily State of the Markets: 9/9
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Notable Analyst Rating Changes 6/24: RTN, ADBE, UST, MVL Upgraded; EMR, NMX, UPS, CRL Downgraded
