Notable Analyst Rating Changes 10/10: (NFLX) (SGY) (POT) Upgraded; (S) (SFSF) (LUV) Downgraded
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UPGRADES
Janney Montgomery Scott lifts Netflix (Nasdaq: NFLX) from Sell to Neutral with a price target of $102.
Barclays upgrades Stone Energy (NYSE: SGY) from Equalweight to Overweight, its price target lowered from $37 to $32.
Ticonderoga raises Potash Corp. (NYSE: POT) from Neutral to Buy with a new price target of $62.
Citi boosts Micron Technology (Nasdaq: MU) from Hold to Buy.
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DOWNGRADES
Sprint (NYSE: S) lowered at several firms Monday:
Deutsche Bank lowers Southwest (NYSE: LUV) from Buy to Hold, price target lowered from $16 to $9. Click Here for more color.
Guggenheim cut Bank of America (NYSE: BAC) from Buy to Neutral, price target slashed from $10.00 to $6.50.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Barclays starts Baidu (Nasdaq: BIDU) with an Overweight rating and $170 price target
Goldman Sachs resumes Teradyne (NYSE: TER) with a Neutral rating and $13 price target. Click Here for more color.
Sandler O’Neill initiates ARMOUR Residential (NYSE: ARR) with a Hold, and $7.50 price target.
Barclays commences Sina (Nasdaq: SINA) with an Overweight rating and $103 price target.
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Janney Montgomery Scott lifts Netflix (Nasdaq: NFLX) from Sell to Neutral with a price target of $102.
Barclays upgrades Stone Energy (NYSE: SGY) from Equalweight to Overweight, its price target lowered from $37 to $32.
Ticonderoga raises Potash Corp. (NYSE: POT) from Neutral to Buy with a new price target of $62.
Citi boosts Micron Technology (Nasdaq: MU) from Hold to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Sprint (NYSE: S) lowered at several firms Monday:
- Mizuho Securities from Buy to Neutral;
- Raymond James from Strong Buy to Outperform;
- Collins Stewart from Buy to Hold, price target cut from $5 to $3. Click Here for more color;
- Kaufman Bros.from Buy to Hold, price target lowered from $6 to $2.50. Click Here for more color;
- J.P. Morgan from Overweight to Neutral, maintains price target of $7; and
- Deutsche Bank from Buy to Hold with a price target of $3. Click Here for more color.
Deutsche Bank lowers Southwest (NYSE: LUV) from Buy to Hold, price target lowered from $16 to $9. Click Here for more color.
Guggenheim cut Bank of America (NYSE: BAC) from Buy to Neutral, price target slashed from $10.00 to $6.50.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Barclays starts Baidu (Nasdaq: BIDU) with an Overweight rating and $170 price target
Goldman Sachs resumes Teradyne (NYSE: TER) with a Neutral rating and $13 price target. Click Here for more color.
Sandler O’Neill initiates ARMOUR Residential (NYSE: ARR) with a Hold, and $7.50 price target.
Barclays commences Sina (Nasdaq: SINA) with an Overweight rating and $103 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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