Notable Analyst Rating Changes 05/17: (MM) (DELL) (DUK) Upgraded; (ANF) (AFL) (WPX) Downgraded
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UPGRADES
Morgan Stanley upgrades Millennial Media (NYSE: MM) from Equal Weight to Overweight.
Sterne Agee lifts Dell (Nasdaq: DELL) from Underperform to Neutral. Click Here for more color.
Macquarie lifts Duke Energy (NYSE: DUK) from Neutral to Outperform with a price target of $23.50 (up from $23).
Williams Capital raises Lennar (NYSE: LEN) from Hold to Buy with a price target raised from $28 to $35. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Wells Fargo trims Abercrombie & Fitch (NYSE: ANF) from Outperform to Market Perform, lowering its valuation range from $52 to $57 down to $40 to $44. Click Here for more color.
RBC Capital downgrades AFLAC (NYSE: AFL) from Outperform to Sector Perform with a price target of $59.
Susquehanna lowers WPX Energy (NYSE: WPX) from Neutral to Negative with a price target of $12 (down from $14).
Raymond James docks Forest Oil (NYSE: FST) from Outperform to Market Perform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Susquehanna initiates Micron Technology (Nasdaq: MU) with a Neutral and $7 price target.
Raymond James assumes US Airways Group (NYSE: LCC) with a Outperform and $13 target.
JPMorgan resumes Vodafone (Nasdaq: VOD) at Overweight.
Stephens initiates coverage on Citrix Systems (NASDAQ: CTXS) with an Overweight and $96 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.
Morgan Stanley upgrades Millennial Media (NYSE: MM) from Equal Weight to Overweight.
Sterne Agee lifts Dell (Nasdaq: DELL) from Underperform to Neutral. Click Here for more color.
Macquarie lifts Duke Energy (NYSE: DUK) from Neutral to Outperform with a price target of $23.50 (up from $23).
Williams Capital raises Lennar (NYSE: LEN) from Hold to Buy with a price target raised from $28 to $35. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Wells Fargo trims Abercrombie & Fitch (NYSE: ANF) from Outperform to Market Perform, lowering its valuation range from $52 to $57 down to $40 to $44. Click Here for more color.
RBC Capital downgrades AFLAC (NYSE: AFL) from Outperform to Sector Perform with a price target of $59.
Susquehanna lowers WPX Energy (NYSE: WPX) from Neutral to Negative with a price target of $12 (down from $14).
Raymond James docks Forest Oil (NYSE: FST) from Outperform to Market Perform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Susquehanna initiates Micron Technology (Nasdaq: MU) with a Neutral and $7 price target.
Raymond James assumes US Airways Group (NYSE: LCC) with a Outperform and $13 target.
JPMorgan resumes Vodafone (Nasdaq: VOD) at Overweight.
Stephens initiates coverage on Citrix Systems (NASDAQ: CTXS) with an Overweight and $96 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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JPMorgan, Raymond James, Morgan Stanley, RBC Capital, Sterne Agee, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Wells FargoSign up for StreetInsider Free!
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