Notable Analyst Rating Changes 05/06: (C) (PEP) (HK) Upgraded; (PCLN) (FDO) (DLB) Downgraded
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UPGRADES
Morgan Stanley lifts Citi (NYSE: C) from Equal Weight to Overweight. Click Here for more color.
Credit Suisse upgrades Pepsico (NYSE: PEP) from Neutral to Outperform, with a price target increased from $69 to $85.
Tudor Pickering lifts Petrohawk (NYSE: HK) from Hold to Accumulate.
Pritchard Capital upgraded Continental Resources (NYSE: CLR) to Buy. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Goldman Sachs downgrades priceline.com (Nasdaq: PCLN) from Buy to Neutral, whilst maintaining their $600 price target. Click Here for more color.
Cowen lowers Family Dollar Stores Inc. (NYSE: FDO) from Outperform to Neutral.
Dolby Laboratories (NYSE: DLB) lowered by tres las empresas:
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Auriga assumes Sequenom (Nasdaq: SQNM) with a Buy rating and $7 price target. Click Here for more color.
Janney Montgomery Scott initiates Barnes and Noble (NYSE: BKS) with a Buy, and $20 price target. Click Here for more color.
UBS begins Sky-mobi Limited (Nasdaq: MOBI) with a Buy, with a price target of $20.
Davenport starts RPX Corp (Nasdaq: RPXC) with a Buy, and price target of $31.
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.
Morgan Stanley lifts Citi (NYSE: C) from Equal Weight to Overweight. Click Here for more color.
Credit Suisse upgrades Pepsico (NYSE: PEP) from Neutral to Outperform, with a price target increased from $69 to $85.
Tudor Pickering lifts Petrohawk (NYSE: HK) from Hold to Accumulate.
Pritchard Capital upgraded Continental Resources (NYSE: CLR) to Buy. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Goldman Sachs downgrades priceline.com (Nasdaq: PCLN) from Buy to Neutral, whilst maintaining their $600 price target. Click Here for more color.
Cowen lowers Family Dollar Stores Inc. (NYSE: FDO) from Outperform to Neutral.
Dolby Laboratories (NYSE: DLB) lowered by tres las empresas:
- Brigantine Advisors from Buy to Hold;
- Miller Tabak from Buy to Neutral, lowering its price target from $57 to $53; and
- Canaccord Genuity from Buy to Hold, and a price target lowered from $69 to $54.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Auriga assumes Sequenom (Nasdaq: SQNM) with a Buy rating and $7 price target. Click Here for more color.
Janney Montgomery Scott initiates Barnes and Noble (NYSE: BKS) with a Buy, and $20 price target. Click Here for more color.
UBS begins Sky-mobi Limited (Nasdaq: MOBI) with a Buy, with a price target of $20.
Davenport starts RPX Corp (Nasdaq: RPXC) with a Buy, and price target of $31.
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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