Notable Analyst Rating Changes 12/15: (PCS) (SWKS) (TE) Upgraded; (T) (FSLR) (DECK) Downgraded
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UPGRADES
Mizuho Securities upgrades MetroPCS (NYSE: PCS) from Neutral to Buy, price target raised from $8.50 to $10.50.
Deutsche Bank lifts Skyworks Solutions (Nasdaq: SWKS) from Hold to Buy, raising its price target to $23. Click Here for more color.
Deutsche Bank boosts TECO Energy (NYSE: TE) from Sell to Hold, price target raised from $16 to $17. Click Here for more color.
Wells Fargo raises Broadcom (Nasdaq: BRCM) from Market Perform to Outperform, price target range of $32 to 38 from $34 to 40. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Macquarie downgrades AT&T (NYSE: T) from Neutral to Underperform, price target lowered from $27 to $26.50.
Baird lowers First Solar (Nasdaq: FSLR) from Outperform to Neutral, price target lowered from $80 to $35.
Sterne Agee cuts Deckers Outdoor (Nasdaq: DECK) from Buy to Underperform, slashing its price target from $130 to $72. Click Here for more color.
Goldman Sachs reduces Boston Scientific (NYSE: BSX) from Neutral to Sell with a price target of $4.90 (down from $5.80).
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
JPMorgan assumes Acme Packet (Nasdaq: APKT) at Neutral.
Morgan Keegan initiates Amazon.com (Nasdaq: AMZN) with an Outperform, and $210 price target.
Nomura Securities begins Juniper Networks (NYSE: JNPR) with a Neutral, and $21 price target.
Brean Murray Carret & Co. starts Youku.com (NYSE: YOKU) with a Hold. Click Here for more color.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Mizuho Securities upgrades MetroPCS (NYSE: PCS) from Neutral to Buy, price target raised from $8.50 to $10.50.
Deutsche Bank lifts Skyworks Solutions (Nasdaq: SWKS) from Hold to Buy, raising its price target to $23. Click Here for more color.
Deutsche Bank boosts TECO Energy (NYSE: TE) from Sell to Hold, price target raised from $16 to $17. Click Here for more color.
Wells Fargo raises Broadcom (Nasdaq: BRCM) from Market Perform to Outperform, price target range of $32 to 38 from $34 to 40. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Macquarie downgrades AT&T (NYSE: T) from Neutral to Underperform, price target lowered from $27 to $26.50.
Baird lowers First Solar (Nasdaq: FSLR) from Outperform to Neutral, price target lowered from $80 to $35.
Sterne Agee cuts Deckers Outdoor (Nasdaq: DECK) from Buy to Underperform, slashing its price target from $130 to $72. Click Here for more color.
Goldman Sachs reduces Boston Scientific (NYSE: BSX) from Neutral to Sell with a price target of $4.90 (down from $5.80).
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
JPMorgan assumes Acme Packet (Nasdaq: APKT) at Neutral.
Morgan Keegan initiates Amazon.com (Nasdaq: AMZN) with an Outperform, and $210 price target.
Nomura Securities begins Juniper Networks (NYSE: JNPR) with a Neutral, and $21 price target.
Brean Murray Carret & Co. starts Youku.com (NYSE: YOKU) with a Hold. Click Here for more color.
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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