Notable Analyst Rating Changes 03/02: (LOW) (LLY) (MSI) Upgraded; (TRV) (ALU) (AONE) Downgraded
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UPGRADES
Morgan Stanley upgrades Lowe's (NYSE: LOW) from Underweight to Equalweight.
JPMorgan lifts Eli Lilly (NYSE: LLY) from Underweight to Neutral, while maintaining its price target of $40.
Credit Suisse boosts Motorola Solutions (NYSE: MSI) from Neutral to Outperform, price target raised from $49 to $62.
Caris & Co. raises Staples, Inc. (Nasdaq: SPLS) from Average to Above Average with a price target of $19.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Morgan Stanley cuts Travelers (NYSE: TRV) from Overweight to Equalweight.
Bernstein lowers Alcatel-Lucent (NYSE: ALU) from Outperform to Market Perform.
A123 (Nasdaq: AONE) downgraded by two firms Friday:
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Morgan Stanley resumes Fusion-io (NYSE: FIO) at Overweight and $35 price target.
Nomura Securities assumes Vale S.A. (NYSE: VALE) at Buy with a target of $31.
Maxim Group starts Boeing (NYSE: BA) with a Buy and $90 price target.
Scotia Capital begins Hecla Mining (NYSE: HL) with a Sector Perform rating and $6.50 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Morgan Stanley upgrades Lowe's (NYSE: LOW) from Underweight to Equalweight.
JPMorgan lifts Eli Lilly (NYSE: LLY) from Underweight to Neutral, while maintaining its price target of $40.
Credit Suisse boosts Motorola Solutions (NYSE: MSI) from Neutral to Outperform, price target raised from $49 to $62.
Caris & Co. raises Staples, Inc. (Nasdaq: SPLS) from Average to Above Average with a price target of $19.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Morgan Stanley cuts Travelers (NYSE: TRV) from Overweight to Equalweight.
Bernstein lowers Alcatel-Lucent (NYSE: ALU) from Outperform to Market Perform.
A123 (Nasdaq: AONE) downgraded by two firms Friday:
- BofA/Merrill Lynch from Buy to Underperform; and
- Craig-Hallum from Hold to Sell.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Morgan Stanley resumes Fusion-io (NYSE: FIO) at Overweight and $35 price target.
Nomura Securities assumes Vale S.A. (NYSE: VALE) at Buy with a target of $31.
Maxim Group starts Boeing (NYSE: BA) with a Buy and $90 price target.
Scotia Capital begins Hecla Mining (NYSE: HL) with a Sector Perform rating and $6.50 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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