Notable Analyst Rating Changes 01/12: (QLIK) (URBN) (EMC) Upgraded; (JNPR) (HCP) (SYK) Downgraded
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UPGRADES
Jefferies upgrades Qlik Technologies (Nasdaq: QLIK) from Hold to Buy, with a price target of $31. Click Here for more color.
JPMorgan boosts EMC (NYSE: EMC) from Neutral to Overweight, its price target raised from $26 to $28.
Wedbush lifts Urban Outfitters, Inc. (Nasdaq: URBN) from Underperform to Neutral, its price target raised from $22 to $25. Click Here for more color.
JPMorgan raises SINA Corporation (Nasdaq: SINA) from Neutral to Overweight, moving its price target from $89 to $79.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Argus downgrades Juniper Networks (NYSE: JNPR) from Buy to Hold.
KeyBanc lowerrs HCP (NYSE: HCP) from Hold to Underweight with a price target of $34. Click Here for more color.
Nomura Securities cuts Hudson City Bancorp (Nasdaq: HCBK) from Neutral to Reduce, trimming its price target from $7 to $6.50. Click Here for more color.
Citi reduces Stryker (NYSE: SYK) from Buy to Neutral, and reaffirmed its price target of $55.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
UBS initiates Invesco (NYSE: IVZ) at Buy and $25 price target.
BofA/Merrill Lynch starts Commercial Metals Company (NYSE: CMC) with a Underperform.
FBN Securities assumes Fortinet (Nasdaq: FTNT) at Outperform, with a $26 price target.
Credit Agricole begins eBay (Nasdaq: EBAY) with a Buy, and $40 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Jefferies upgrades Qlik Technologies (Nasdaq: QLIK) from Hold to Buy, with a price target of $31. Click Here for more color.
JPMorgan boosts EMC (NYSE: EMC) from Neutral to Overweight, its price target raised from $26 to $28.
Wedbush lifts Urban Outfitters, Inc. (Nasdaq: URBN) from Underperform to Neutral, its price target raised from $22 to $25. Click Here for more color.
JPMorgan raises SINA Corporation (Nasdaq: SINA) from Neutral to Overweight, moving its price target from $89 to $79.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Argus downgrades Juniper Networks (NYSE: JNPR) from Buy to Hold.
KeyBanc lowerrs HCP (NYSE: HCP) from Hold to Underweight with a price target of $34. Click Here for more color.
Nomura Securities cuts Hudson City Bancorp (Nasdaq: HCBK) from Neutral to Reduce, trimming its price target from $7 to $6.50. Click Here for more color.
Citi reduces Stryker (NYSE: SYK) from Buy to Neutral, and reaffirmed its price target of $55.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
UBS initiates Invesco (NYSE: IVZ) at Buy and $25 price target.
BofA/Merrill Lynch starts Commercial Metals Company (NYSE: CMC) with a Underperform.
FBN Securities assumes Fortinet (Nasdaq: FTNT) at Outperform, with a $26 price target.
Credit Agricole begins eBay (Nasdaq: EBAY) with a Buy, and $40 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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