Notable Analyst Rating Changes 11/17: (AMT) (MU) (LULU) Upgraded; (MRVL) (NTAP) (RMBS) Downgraded
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UPGRADES
Goldman Sachs adds American Tower (NYSE: AMT) to its Conviction Buy with a price target of $71. Click Here for more color.
Micron Technology (Nasdaq: MU) upgraded by two today:
Brigantine Advisors lifts Research In Motion (Nasdaq: RIMM) by two notches from Sell to Buy, boosting its price target from $20 to $25.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
JMP Securities lowers Marvell (Nasdaq: MRVL) from Market Perform to Market Underperform, with a new price target of $12.50.
NetApp (Nasdaq: NTAP) lowered by three Thursday:
SunTrust Robinson Humphrey cuts Bank of New York Mellon (NYSE: BK) from Buy to Neutral, maintains price target of $31
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Jefferies initiates Sprint (NYSE: S) with a Underperform, and $2.50 price target. Click Here for more color.
JPMorgan begins Exelis (NYSE: XLS) with a Neutral, and $11 price target.
Jefferies starts Verizon Communications (NYSE: VZ) with a Buy, and $45 price target. Click Here for more color.
HSBC assumes Carnival Corporation (NYSE: CCL) at Neutral, and $34 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Goldman Sachs adds American Tower (NYSE: AMT) to its Conviction Buy with a price target of $71. Click Here for more color.
Micron Technology (Nasdaq: MU) upgraded by two today:
- MKM Partners from Neutral to Buy; and
- Oppenheimer from Perform to Outperform.
Brigantine Advisors lifts Research In Motion (Nasdaq: RIMM) by two notches from Sell to Buy, boosting its price target from $20 to $25.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
JMP Securities lowers Marvell (Nasdaq: MRVL) from Market Perform to Market Underperform, with a new price target of $12.50.
NetApp (Nasdaq: NTAP) lowered by three Thursday:
- Collins Stewart to Hold with a price target of $40. Click Here for more color.
- Craig-Hallum from Buy to Neutral, price target cut from $48 to $40; and
- Raymond James from Strong Buy to Market Perform.
SunTrust Robinson Humphrey cuts Bank of New York Mellon (NYSE: BK) from Buy to Neutral, maintains price target of $31
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Jefferies initiates Sprint (NYSE: S) with a Underperform, and $2.50 price target. Click Here for more color.
JPMorgan begins Exelis (NYSE: XLS) with a Neutral, and $11 price target.
Jefferies starts Verizon Communications (NYSE: VZ) with a Buy, and $45 price target. Click Here for more color.
HSBC assumes Carnival Corporation (NYSE: CCL) at Neutral, and $34 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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