Notable Analyst Rating Changes 01/18: (MGM) (RSH) (CREE) Upgraded; (TSN) (GOOG) (JNS) Downgraded
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UPGRADES
Credit Suisse upgrades MGM Resorts (NYSE: MGM) from Underperform to Neutral with a price target of $13.
Barclays lifts RadioShack (NYSE: RSH) from Underweight to Equalweight.
ThinkEquity raises Cree (Nasdaq: CREE) from Hold to Buy, maintains price target of $30.
Barclays boosts OfficeMax (NYSE: OMX) from Underweight to Equalweight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
BMO Capital downgrades Tyson (NYSE: TSN) from Outperform to Market Perform, price target lowered from $23 to $22.
Wells Fargo lowers Google (Nasdaq: GOOG) from Outperform to Market Perform, its valuation range cut from $700 - $720 to $620 - $640. Click Here for more color.
Citi reduces Janus Capital (NYSE: JNS) from Neutral to Sell, its price target lowered from $6.25 to $5.50.
UBS cuts DIRECTV (Nasdaq: DTV) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Credit Suisse initiates Cheniere Energy (NYSE: LNG) with a Outperform, and $13.50 price target.
ThinkEquity starts Edwards Lifesciences (NYSE: EW) with a Buy, and price target of $100.
Barclays assumes VimpelCom (NYSE: VIP) at Underweight, and $11 price target.
JPMorgan begins Expedia (Nasdaq: EXPE) with an Underweight, and $31 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Credit Suisse upgrades MGM Resorts (NYSE: MGM) from Underperform to Neutral with a price target of $13.
Barclays lifts RadioShack (NYSE: RSH) from Underweight to Equalweight.
ThinkEquity raises Cree (Nasdaq: CREE) from Hold to Buy, maintains price target of $30.
Barclays boosts OfficeMax (NYSE: OMX) from Underweight to Equalweight.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
BMO Capital downgrades Tyson (NYSE: TSN) from Outperform to Market Perform, price target lowered from $23 to $22.
Wells Fargo lowers Google (Nasdaq: GOOG) from Outperform to Market Perform, its valuation range cut from $700 - $720 to $620 - $640. Click Here for more color.
Citi reduces Janus Capital (NYSE: JNS) from Neutral to Sell, its price target lowered from $6.25 to $5.50.
UBS cuts DIRECTV (Nasdaq: DTV) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Credit Suisse initiates Cheniere Energy (NYSE: LNG) with a Outperform, and $13.50 price target.
ThinkEquity starts Edwards Lifesciences (NYSE: EW) with a Buy, and price target of $100.
Barclays assumes VimpelCom (NYSE: VIP) at Underweight, and $11 price target.
JPMorgan begins Expedia (Nasdaq: EXPE) with an Underweight, and $31 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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