Notable Analyst Rating Changes 07/08: (TJX) (FTR) (WDC) Upgraded; (GOOG) (SOL) (WFR) Downgraded
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UPGRADES
TJX Companies (NYSE: TJX) upgraded by two today:
FBN Securities raises Western Digital Corp. (NYSE: WDC) from Sector Perform to Outperform, its price target increased from $42 to $45.
Laurentian Bank upgraded Avalon Rare Metals (NYSE: AVL) from Hold to Buy, its price target raised slightly to $8.80. Click Here for more color.
BMO Capital upgrades Bank of Montreal (NYSE: BMO) to an Outperform rating from Market Perform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Morgan Stanley lowers Google (Nasdaq: GOOG) to Equal-Weight from Overweight with a $600 price target (prev. $645). Click Here for more color.
Goldman Sachs cuts ReneSola (NYSE: SOL) from Neutral to Sell, it's price target slashed from $12 to $4. Click Here for more color.
Ticonderoga reduces MEMC Electronic Materials (NYSE: WFR) from Buy to Neutral.
Goldman Sachs downgrades Yingli Green Energy (NYSE: YGE) from Neutral to Sell Friday morning, also cut the stock's price target from $11.90 to $8. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
MGM Mirage (NYSE: MGM) started by two today:
JPMorgan begins Geron Corporation (Nasdaq: GERN) with an Overweight, and $6 price target.
Credit Suisse commences coverage on Avon Products (NYSE: AVP) with a Neutral rating.
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.
TJX Companies (NYSE: TJX) upgraded by two today:
- Citi from Sell to Hold, boosting its price target from $46 to $56; and
- Ticonderoga from Neutral to Buy, setting a new $65 price target.
FBN Securities raises Western Digital Corp. (NYSE: WDC) from Sector Perform to Outperform, its price target increased from $42 to $45.
Laurentian Bank upgraded Avalon Rare Metals (NYSE: AVL) from Hold to Buy, its price target raised slightly to $8.80. Click Here for more color.
BMO Capital upgrades Bank of Montreal (NYSE: BMO) to an Outperform rating from Market Perform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Morgan Stanley lowers Google (Nasdaq: GOOG) to Equal-Weight from Overweight with a $600 price target (prev. $645). Click Here for more color.
Goldman Sachs cuts ReneSola (NYSE: SOL) from Neutral to Sell, it's price target slashed from $12 to $4. Click Here for more color.
Ticonderoga reduces MEMC Electronic Materials (NYSE: WFR) from Buy to Neutral.
Goldman Sachs downgrades Yingli Green Energy (NYSE: YGE) from Neutral to Sell Friday morning, also cut the stock's price target from $11.90 to $8. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
MGM Mirage (NYSE: MGM) started by two today:
- CLSA at Outperform rating and $16 price target; and
- Morgan Stanley with a Equalweight rating and $17 price target.
JPMorgan begins Geron Corporation (Nasdaq: GERN) with an Overweight, and $6 price target.
Credit Suisse commences coverage on Avon Products (NYSE: AVP) with a Neutral rating.
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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