Notable Analyst Rating Changes 04/25: (TZOO) (BIIB) (GE) Upgraded; (VECO) (SLM) (NUE) Downgraded
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UPGRADES
Benchmark lifts Travelzoo (Nasdaq: TZOO) from Hold to Buy, nearly doubling its price target from $66 to $123. Click Here for more color.
Goldman Sachs raises Biogen (Nasdaq: BIIB) from Sell to Neutral, boosting its price target from $52 to $109. Click Here for more color.
Sterne Agee increases General Electric (NYSE: GE) from Neutral to Buy.
Robert W. Baird upgrades Brocade (Nasdaq: BRCD) from Neutral to Outperform, keeping an $8 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Barclays downgrades Veeco Instruments Inc. (Nasdaq: VECO) from Overweight to Equalweight, with a price target lowered from $60 to $50.
Keefe, Bruyette & Woods cuts SLM Corp. (NYSE: SLM) from Outperform to Market Perform, with a price target of $17. Click Here for more color.
CIBC reduces Nucor (NYSE: NUE) from Sector Perform to Sector Underperform, with a $45 price target.
Citi lowers Valero Energy (NYSE: VLO) from Buy to Hold, increasing its price target from $29 to $33.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
BofA/Merrill Lynch initiates Graphic Packaging (NYSE: GPK) with a Buy rating and a $5.90 price target.
William Blair begins WuXi PharmaTech (NYSE: WX) with an Outperform.
Baird starts BreitBurn Energy Partners (Nasdaq: BBEP) with an Outperform, and $25 price target.
Keefe, Bruyette & Woods resumes CVB Financial (Nasdaq: CVBF) at Outperform, and $11 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.
Benchmark lifts Travelzoo (Nasdaq: TZOO) from Hold to Buy, nearly doubling its price target from $66 to $123. Click Here for more color.
Goldman Sachs raises Biogen (Nasdaq: BIIB) from Sell to Neutral, boosting its price target from $52 to $109. Click Here for more color.
Sterne Agee increases General Electric (NYSE: GE) from Neutral to Buy.
Robert W. Baird upgrades Brocade (Nasdaq: BRCD) from Neutral to Outperform, keeping an $8 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Barclays downgrades Veeco Instruments Inc. (Nasdaq: VECO) from Overweight to Equalweight, with a price target lowered from $60 to $50.
Keefe, Bruyette & Woods cuts SLM Corp. (NYSE: SLM) from Outperform to Market Perform, with a price target of $17. Click Here for more color.
CIBC reduces Nucor (NYSE: NUE) from Sector Perform to Sector Underperform, with a $45 price target.
Citi lowers Valero Energy (NYSE: VLO) from Buy to Hold, increasing its price target from $29 to $33.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
BofA/Merrill Lynch initiates Graphic Packaging (NYSE: GPK) with a Buy rating and a $5.90 price target.
William Blair begins WuXi PharmaTech (NYSE: WX) with an Outperform.
Baird starts BreitBurn Energy Partners (Nasdaq: BBEP) with an Outperform, and $25 price target.
Keefe, Bruyette & Woods resumes CVB Financial (Nasdaq: CVBF) at Outperform, and $11 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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