Notable Analyst Rating Changes 04/15: (FITB) (FE) (MPEL) Upgraded; (GOOG) (CSCO) (CBST) Downgraded
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UPGRADES
Baird ups Fifth Third Bancorp (Nasdaq: FITB) from Neutral to Outperform, increasing its price target from $16 to $17.
Jefferies lifts FirstEnergy Corp. (NYSE: FE) from Underperform to Hold, and is raising its price target from $30 to $38. Click Here for more color.
BofA/Merrill Lynch lifts Melco Crown Enterprises (Nasdaq: MPEL) from Neutral to Buy.
Scotia Capital raises Weyerhaeuser (NYSE: WY) from Underpeform to Sector Perform, with a $24 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Citigroup lowers Google, Inc. (Nasdaq: GOOG) from Buy to Hold, and cut its price target from $750 to $650. Click Here for more color.
Auriga reduces Cisco (Nasdaq: CSCO) from Buy to Hold and cuts its price target from $23 to $19. Click Here for more color.
Chardan Capital downgrades Cubist Pharmaceuticals (Nasdaq: CBST) from Buy to Neutral, increasing its price target from $26 to $32.
Jefferies cuts Urban Outfitters, Inc. (Nasdaq: URBN) from Hold to Underperform, lowering its price target from $31 to $25. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Lazard Capital initiates CBS (NYSE: CBS) with a Buy, with a $34 price target.
Goldman Sachs resumes Activision Blizzard (Nasdaq: ATVI) with a Buy rating and $13 price target. Click Here for more color.
Stifel Nicolaus starts Xenith Bankshares (Nasdaq: XBKS) with a Buy, and $5.50 price target.
Credit Agricole begins International Game Tech (NYSE: IGT) at Outperform and an $18.50 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Baird ups Fifth Third Bancorp (Nasdaq: FITB) from Neutral to Outperform, increasing its price target from $16 to $17.
Jefferies lifts FirstEnergy Corp. (NYSE: FE) from Underperform to Hold, and is raising its price target from $30 to $38. Click Here for more color.
BofA/Merrill Lynch lifts Melco Crown Enterprises (Nasdaq: MPEL) from Neutral to Buy.
Scotia Capital raises Weyerhaeuser (NYSE: WY) from Underpeform to Sector Perform, with a $24 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Citigroup lowers Google, Inc. (Nasdaq: GOOG) from Buy to Hold, and cut its price target from $750 to $650. Click Here for more color.
Auriga reduces Cisco (Nasdaq: CSCO) from Buy to Hold and cuts its price target from $23 to $19. Click Here for more color.
Chardan Capital downgrades Cubist Pharmaceuticals (Nasdaq: CBST) from Buy to Neutral, increasing its price target from $26 to $32.
Jefferies cuts Urban Outfitters, Inc. (Nasdaq: URBN) from Hold to Underperform, lowering its price target from $31 to $25. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Lazard Capital initiates CBS (NYSE: CBS) with a Buy, with a $34 price target.
Goldman Sachs resumes Activision Blizzard (Nasdaq: ATVI) with a Buy rating and $13 price target. Click Here for more color.
Stifel Nicolaus starts Xenith Bankshares (Nasdaq: XBKS) with a Buy, and $5.50 price target.
Credit Agricole begins International Game Tech (NYSE: IGT) at Outperform and an $18.50 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
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