Notable Analyst Rating Changes 08/29: (AMR) (DRC) (ALL) Upgraded; (SPLS) (BWEN) (RHI) Downgraded
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UPGRADES
Ticonderoga lifts AMR Corp (NYSE: AMR) from Sell to Neutral.
CapitalOne upgrades Dresser-Rand Group (NYSE: DRC) from Neutral to Add, nudging its price target from $52 to $54.
Sandler O’Neill raises Allstate (NYSE: ALL) from Hold to Buy, its price target of $30 mainatined.
ISI Group lifts O'Reilly Automotive (Nasdaq: ORLY) from Sell to Hold.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
ISI Group downgrades Staples, Inc. (Nasdaq: SPLS) from Buy to Hold.
Macquarie lowers Broadwind Energy (Nasdaq: BWEN) from Outperform to Neutral, price target lowered from $3 to $1.50.
Citi reduces Robert Half (NYSE: RHI) from Buy to Hold, price target lowered from $40 to $25.
BofA/Merrill Lynch cuts Royal Bank of Canada (NYSE: RY) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Zillow (Nasdaq: Z) coverage begun at three firms:
BofA/Merrill Lynch begins BlackRock (NYSE: BLK) with a Buy, and $216 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.
Ticonderoga lifts AMR Corp (NYSE: AMR) from Sell to Neutral.
CapitalOne upgrades Dresser-Rand Group (NYSE: DRC) from Neutral to Add, nudging its price target from $52 to $54.
Sandler O’Neill raises Allstate (NYSE: ALL) from Hold to Buy, its price target of $30 mainatined.
ISI Group lifts O'Reilly Automotive (Nasdaq: ORLY) from Sell to Hold.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
ISI Group downgrades Staples, Inc. (Nasdaq: SPLS) from Buy to Hold.
Macquarie lowers Broadwind Energy (Nasdaq: BWEN) from Outperform to Neutral, price target lowered from $3 to $1.50.
Citi reduces Robert Half (NYSE: RHI) from Buy to Hold, price target lowered from $40 to $25.
BofA/Merrill Lynch cuts Royal Bank of Canada (NYSE: RY) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Zillow (Nasdaq: Z) coverage begun at three firms:
- Citi with a Buy, and a $36.00 price target;
- Pacific Crest with a Sector Perform; and
- ThinkEquity with a Hold, and $31 price target.
- Jefferies at Buy, with a $22 price target. Click Here for more color;
- KeyBanc with a Buy, and price target of $20. Click Here for more color;
- Morgan Stanley with a Overweight and $20 price target; and
- Raymond James with a Strong Buy and price target of $20.
BofA/Merrill Lynch begins BlackRock (NYSE: BLK) with a Buy, and $216 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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