Notable Analyst Rating Changes 06/26: (JPM) (SHPGY) (PBI) Upgraded; (CTSH) (MS) (DOW) Downgraded

June 26, 2012 10:53 AM EDT
UPGRADES
Goldman Sachs is adding JPMorgan (NYSE: JPM) to its Conviction Buy List with a $42 price target. Click Here for more color.

Societe Generale lifts Shire plc (Nasdaq: SHPGY) from Hold to Buy.

Goldman Sachs raises Pitney Bowes (NYSE: PBI) from Sell to Neutral with a price target of $15. Click Here for more color.

Stifel Nicolaus boosts Veeco Instruments Inc. (Nasdaq: VECO) from Hold to Buy.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Goldman Sachs removes Morgan Stanley (NYSE: MS) off of its America's Conviction List, cutting its rating to Neutral, and lowering its 12-month price target 20 percent from $20 to $16. Click Here for more color.

JPMorgan cuts Dow Chemical (NYSE: DOW) from Overweight to Neutral, keeping a $36 price target.

Goldman Sachs trims Cognizant Technology Solutions (Nasdaq: CTSH) from Neutral to Sell, moving its price target from $65 to $52. Click Here for more color.

Piper Jaffray downgrades ValueClick, Inc (Nasdaq: VCLK) from Overweight to Neutral with a price target of $15.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Morgan Stanley resumes Google (Nasdaq: GOOG) with a Equalweight and $625 price target.

Needham & Company assumes eBay (Nasdaq: EBAY) at Buy and $50 price target. Click Here for more color.

Sterne Agee starts American International Group (NYSE: AIG) with a Buy and price target of $39.

RBC Capital initiates Silver Wheaton (NYSE: SLW) with an Outperform and $43 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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Goldman Sachs Conviction Buy List, Piper Jaffray, Stifel, JPMorgan, Morgan Stanley, Needham & Company, RBC Capital, Sterne Agee, Notable Analyst Rating Changes, Dividend