Notable Analyst Rating Changes 08/16: (S) (PPL) (ARO) Upgraded; (MMI) (RIMM) (DIS) Downgraded
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UPGRADES
ollins Stewart upgrades Sprint (NYSE: S) to Buy with a price target of $5. Click Here for more color.
Goldman Sachs adds PPL Corp (NYSE: PPL) to Conviction Buy with a price target of $31. Click Here for more color.
Jefferies lifts Aeropostale, Inc. (NYSE: ARO) from Underperform to Hold with a price target of $12. Click Here for more color.
RBC Capital lifts Life Technologies (Nasdaq: LIFE) from Sector Perform to Outperform, maintains price target of $52.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Motorola Mobility (NYSE: MMI) lowered by a gaggle of firms today:
BofA/Merrill Lynch cuts Walt Disney (NYSE: DIS) from Buy to Neutral.
Macquarie reduces Time Warner Cable (NYSE: TWC) from Outperform to Neutral, its price target lowered from $90 to $75.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Macquarie starts Aon Corp (NYSE: AON) with an Outperform, and $57 price target.
Capstone Investments initiates Constellation Brands (NYSE: STZ) with a Buy, and price target of $25.
Morgan Keegan resumes salesforce.com (NYSE: CRM) at Outperform, and $165 price target.
Nomura Securities begins Expedia (Nasdaq: EXPE) with a Neutral and $32 price target. Click Here for more color.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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ollins Stewart upgrades Sprint (NYSE: S) to Buy with a price target of $5. Click Here for more color.
Goldman Sachs adds PPL Corp (NYSE: PPL) to Conviction Buy with a price target of $31. Click Here for more color.
Jefferies lifts Aeropostale, Inc. (NYSE: ARO) from Underperform to Hold with a price target of $12. Click Here for more color.
RBC Capital lifts Life Technologies (Nasdaq: LIFE) from Sector Perform to Outperform, maintains price target of $52.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Motorola Mobility (NYSE: MMI) lowered by a gaggle of firms today:
- Goldman Sachs from Buy to Neutral with a price target of $37. Click Here for more color;
- Evercore Partners from Overweight to Equalweight, its price target raised from $32 to $40;
- UBS from Buy to Neutral;
- BMO Capital from Underperform to Market Perform, raising its price target from $18 to $40;
- MKM Partners from Buy to Neutral with a price target of $40;
- Argus from Hold to Sell;
- Raymond James from Strong Buy to Underperform; and
- Gabelli from Buy to Hold.
BofA/Merrill Lynch cuts Walt Disney (NYSE: DIS) from Buy to Neutral.
Macquarie reduces Time Warner Cable (NYSE: TWC) from Outperform to Neutral, its price target lowered from $90 to $75.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Macquarie starts Aon Corp (NYSE: AON) with an Outperform, and $57 price target.
Capstone Investments initiates Constellation Brands (NYSE: STZ) with a Buy, and price target of $25.
Morgan Keegan resumes salesforce.com (NYSE: CRM) at Outperform, and $165 price target.
Nomura Securities begins Expedia (Nasdaq: EXPE) with a Neutral and $32 price target. 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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