Notable Analyst Rating Changes 09/06: (SODA) (DV) (FITB) Upgraded; (LDK) (WFC) (PHM) Downgraded
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UPGRADES
JPMorgan upgrades SodaStream International (Nasdaq: SODA) from Neutral to Overweight with a price target of $50.
Deutsche Bank lifts DeVry (NYSE: DV) to Buy, increasing its price target from $51 to $53. Click Here for more color.
Nomura Securities ups Fifth Third Bancorp (Nasdaq: FITB) to Buy with a price target of $14. Click Here for more color.
Guggenheim raises Rite-Aid (NYSE: RAD) from Neutral to Buy, maintaining a price target of $1.60.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Argus downgrades LDK Solar (NYSE: LDK) from Hold to Sell.
KBW lowers Wells Fargo (NYSE: WFC) to Market Perform, price target lowered to $25. Click Here for more color.
Goldman Sachs removes PulteGroup (NYSE: PHM) from its Conviction Buy List, cutting its price target from $10 to $6. The firm retained a Buy rating. Click Here for more color.
Morgan Stanley cuts Pepsico (NYSE: PEP) from Overweight to Equalweight.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Dunkin' Brands (Nasdaq: DNKN) initiated at several firms today:
Citi starts Electronic Arts (Nasdaq: ERTS) with a Hold, and $25 price target.
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JPMorgan upgrades SodaStream International (Nasdaq: SODA) from Neutral to Overweight with a price target of $50.
Deutsche Bank lifts DeVry (NYSE: DV) to Buy, increasing its price target from $51 to $53. Click Here for more color.
Nomura Securities ups Fifth Third Bancorp (Nasdaq: FITB) to Buy with a price target of $14. Click Here for more color.
Guggenheim raises Rite-Aid (NYSE: RAD) from Neutral to Buy, maintaining a price target of $1.60.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Argus downgrades LDK Solar (NYSE: LDK) from Hold to Sell.
KBW lowers Wells Fargo (NYSE: WFC) to Market Perform, price target lowered to $25. Click Here for more color.
Goldman Sachs removes PulteGroup (NYSE: PHM) from its Conviction Buy List, cutting its price target from $10 to $6. The firm retained a Buy rating. Click Here for more color.
Morgan Stanley cuts Pepsico (NYSE: PEP) from Overweight to Equalweight.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Dunkin' Brands (Nasdaq: DNKN) initiated at several firms today:
- BofA/Merrill Lynch at Neutral, with a $29 price target;
- Goldman Sachs at Sell and $23 price target. Click Here for more color;
- Morgan Stanley with a Equalweight, and $29 price target;
- JPMorgan at Overweight, and $30 price target;
- Stifel Nicolaus with a Buy and $33 price target;
- William Blair with a Outperform;
- Wells Fargo with a Market Perform, and $24 to $28 valuation range. Click Here for more color;
- Barclays with a Equalweight, and $27 price target;
- Williams Capital with an Outperform, and $34.50 price target; and
- Raymond James at Market Perform.
- Goldman Sachs at Neutral rating and $25 price target. Click Here for more color;
- Morgan Stanley with a Equalweight rating;
- Piper Jaffray with an Overweight;
- Stifel Nicolaus at Hold; and
- William Blair with an Outperform.
- Morgan Stanley with a Overweight, and $15 price target;
- JPMorgan with an Overweight, and price target of $17;
- Barclays at Overweight, and $18 price target;
- RBC Capital with a Sector Perform, and $13 price target;
- Citi at Buy, and $15 price target; and
- William Blair with an Outperform.
Citi starts Electronic Arts (Nasdaq: ERTS) with a Hold, and $25 price target.
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