Notable Analyst Rating Changes 05/14: (STJ) (ACI) (NVDA) Upgraded; (NOK) (JBLU) (SYMC) Downgraded
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UPGRADES
Goldman Sachs upgrades St. Jude Medical (NYSE: STJ) from Neutral to Buy, its price target moves from $45 to $50. Click Here for more color.
UBS lifts Arch Coal Inc (NYSE: ACI) from Neutral to Buy.
BMO Capital raises Career Education (Nasdaq: CECO) from Underperform to Market Perform, its price target lowered from $8 to $7.
Caris & Co. boosts NVIDIA (Nasdaq: NVDA) from Below Average to Average.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Societe Generale downgrades Nokia (NYSE: NOK) from Hold to Sell, trimming its price target from €3.00 down to €1.80.
Sterne Agee cuts JetBlue Airways (Nasdaq: JBLU) from Buy to Neutral, with its price target cut from $10 to $8.
Goldman Sachs downgraded Symantec (Nasdaq: SYMC) from Neutral to Sell with a price target of $14. Click Here for more color.
Craig-Hallum docks A123 Systems (Nasdaq: AONE) from Hold to Sell.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Splunk (Nasdaq: SPLK) started by a handful of firms Monday:
Wells Fargo begins Walter Energy (NYSE: WLT) with an Outperform and valuation range of $77 - $84.
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.
Goldman Sachs upgrades St. Jude Medical (NYSE: STJ) from Neutral to Buy, its price target moves from $45 to $50. Click Here for more color.
UBS lifts Arch Coal Inc (NYSE: ACI) from Neutral to Buy.
BMO Capital raises Career Education (Nasdaq: CECO) from Underperform to Market Perform, its price target lowered from $8 to $7.
Caris & Co. boosts NVIDIA (Nasdaq: NVDA) from Below Average to Average.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Societe Generale downgrades Nokia (NYSE: NOK) from Hold to Sell, trimming its price target from €3.00 down to €1.80.
Sterne Agee cuts JetBlue Airways (Nasdaq: JBLU) from Buy to Neutral, with its price target cut from $10 to $8.
Goldman Sachs downgraded Symantec (Nasdaq: SYMC) from Neutral to Sell with a price target of $14. Click Here for more color.
Craig-Hallum docks A123 Systems (Nasdaq: AONE) from Hold to Sell.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Splunk (Nasdaq: SPLK) started by a handful of firms Monday:
- Morgan Stanley with an Equalweight;
- BofA/Merrill Lynch at Buy with a $39 price target;
- JPMorgan with an Overweight and $40 target;
- Cowen with an Outperform;
- Credit Suisse with an Outperform and $40 price target;
- Credit Agricole at Underperform and $33 target;
- UBS at Neutral and $33 target; and
- Pacific Crest with an Outperform and $40 price target.
- Credit Suisse with a Neutral and $23 target;
- Jefferies with a Buy and price target of $30;
- William Blair with an Outperform; and
- JPMorgan with a Neutral and $23 target.
Wells Fargo begins Walter Energy (NYSE: WLT) with an Outperform and valuation range of $77 - $84.
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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