Notable Analyst Rating Changes 10/13: (BRCM) (WSM) (LPX) Higher; (ALTR) (LM) (KR) Lower
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UPGRADES
Baird upgrades Broadcom (Nasdaq: BRCM) from Neutral to Outperform, price target raised from $35 to $46.
BB&T Capital ups Williams-Sonoma (NYSE: WSM) from Hold to Buy with a new price target of $41.
RBC Capital lifts Louisiana-Pacific Corp (NYSE: LPX) from Sector Perform to Outperform, it's price target trimmed from $9 to $8.
ThinkEquity raises Dick’s Sporting Goods (NYSE: DKS) from Hold to Buy, its price target boosted from $35 to $42. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Baird downgrades Altera (Nasdaq: ALTR) from Outperform to Neutral, price target lowered from $46 to $35.
Macquarie lowers Legg Mason (NYSE: LM) from Outperform to Neutral, price target cut from $33 to $26.
Jefferies cuts Kroger (NYSE: KR) to Hold with a price target of $24. Click Here for more color.
Sterne Agee reduces National Penn Bancshares (Nasdaq: NPBC) from Neutral to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Barclays initiates NII Holdings (Nasdaq: NIHD) at Overweight, and $35 price target.
Roth Capital starts E-Commerce China Dangdang (NYSE: DANG) with a Neutral, and $6 price target.
Global Hunter Securities initiates coverage on Precision Drilling (NYSE: PDS) with a Accumulate, and $13 price target. Click Here for more color.
BB&T Capital commences Freeport-McMoRan (NYSE: FCX) with a Buy, and $44 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Baird upgrades Broadcom (Nasdaq: BRCM) from Neutral to Outperform, price target raised from $35 to $46.
BB&T Capital ups Williams-Sonoma (NYSE: WSM) from Hold to Buy with a new price target of $41.
RBC Capital lifts Louisiana-Pacific Corp (NYSE: LPX) from Sector Perform to Outperform, it's price target trimmed from $9 to $8.
ThinkEquity raises Dick’s Sporting Goods (NYSE: DKS) from Hold to Buy, its price target boosted from $35 to $42. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Baird downgrades Altera (Nasdaq: ALTR) from Outperform to Neutral, price target lowered from $46 to $35.
Macquarie lowers Legg Mason (NYSE: LM) from Outperform to Neutral, price target cut from $33 to $26.
Jefferies cuts Kroger (NYSE: KR) to Hold with a price target of $24. Click Here for more color.
Sterne Agee reduces National Penn Bancshares (Nasdaq: NPBC) from Neutral to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Barclays initiates NII Holdings (Nasdaq: NIHD) at Overweight, and $35 price target.
Roth Capital starts E-Commerce China Dangdang (NYSE: DANG) with a Neutral, and $6 price target.
Global Hunter Securities initiates coverage on Precision Drilling (NYSE: PDS) with a Accumulate, and $13 price target. Click Here for more color.
BB&T Capital commences Freeport-McMoRan (NYSE: FCX) with a Buy, and $44 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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