Notable Analyst Rating Changes 07/26: (FNSR) (S) (SOHU) Upgraded; (STEC) (NVDA) (GNK) Downgraded
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UPGRADES
Citi upgrades Finisar (Nasdaq: FNSR) from Hold to Buy with a price target of $24.00 (up from $16.50).
RBC Capital lifts Sprint (NYSE: S) from Sector Perform to Outperform, keeping its $6 price target.
CLSA lifts Sohu.com (Nasdaq: SOHU) from Underperform to Buy with a price target of $105. Click Here for more color.
UBS upgrades Petrobras (NYSE: PBR) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Needham & Company cuts STEC, Inc. (Nasdaq: STEC) from Buy to Under Review. Click Here for more color.
Needham & Company downgrades NVIDIA (Nasdaq: NVDA) from Hold to Underperform. Click Here for more color.
Deutsche Bank lowers Genco Shipping (NYSE: GNK) from Hold to Sell with a price target of $4.00. Click Here for more color.
SunPower (Nasdaq: SPWRA) lowered by two today:
NEW COVERAGE
BofA/Merrill Lynch initiates The TJX Companies (NYSE: TJX) with a Buy rating and $68 price target.
Credit Agricole starts Google (Nasdaq: GOOG) with a Buy, and price target of $750.00.
McNicoll Lewis & Vlak commences BioSante Pharmaceuticals (Nasdaq: BPAX) with a Buy, and $8.00 price target. Click Here for more color.
Wedbush assumes Achillion Pharmaceuticals (Nasdaq: ACHN) with a Outperform, and price target of $11.00. Click Here for more color.
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.
Citi upgrades Finisar (Nasdaq: FNSR) from Hold to Buy with a price target of $24.00 (up from $16.50).
RBC Capital lifts Sprint (NYSE: S) from Sector Perform to Outperform, keeping its $6 price target.
CLSA lifts Sohu.com (Nasdaq: SOHU) from Underperform to Buy with a price target of $105. Click Here for more color.
UBS upgrades Petrobras (NYSE: PBR) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Needham & Company cuts STEC, Inc. (Nasdaq: STEC) from Buy to Under Review. Click Here for more color.
Needham & Company downgrades NVIDIA (Nasdaq: NVDA) from Hold to Underperform. Click Here for more color.
Deutsche Bank lowers Genco Shipping (NYSE: GNK) from Hold to Sell with a price target of $4.00. Click Here for more color.
SunPower (Nasdaq: SPWRA) lowered by two today:
- Stifel Nicolaus from Hold to Sell; and
- Caris & Co. from Above Average to Average, price target lowered $2 to $22.00.
NEW COVERAGE
BofA/Merrill Lynch initiates The TJX Companies (NYSE: TJX) with a Buy rating and $68 price target.
Credit Agricole starts Google (Nasdaq: GOOG) with a Buy, and price target of $750.00.
McNicoll Lewis & Vlak commences BioSante Pharmaceuticals (Nasdaq: BPAX) with a Buy, and $8.00 price target. Click Here for more color.
Wedbush assumes Achillion Pharmaceuticals (Nasdaq: ACHN) with a Outperform, and price target of $11.00. Click Here for more color.
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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