Notable Analyst Rating Changes 08/23: (ANH) (CS) (LMNX) Upgraded; (X) (NOC) (SWY) Downgraded
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UPGRADES
Sterne Agee lifts Anworth Mortgage Asset (NYSE: ANH) from Neutral to Buy with a price target of $7.20.
Deutsche Bank upgrades Credit Suisse (NYSE: CS) from Hold to Buy with a CHF 23 target.
UBS raises Luminex (Nasdaq: LMNX) from Neutral to Buy.
Credit Suisse boosts AllianceBernstein (NYSE: AB) from Neutral to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Dahlman Rose cuts US Steel (NYSE: X) from Buy to Hold. Click Here for more color.
RBC Capital downgrades Northrop Grumman (NYSE: NOC) from Sector Perform to Underperform, setting a price target of $68.
Jefferies reduces SAFEWAY (NYSE: SWY) from Buy to Hold, moving its price target from $21 down to $17. Click Here for more color.
Credit Suisse lowers ADTRAN (Nasdaq: ADTN) from Neutral to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Barclays initiates Cirrus Logic (Nasdaq: CRUS) with an Overweight and $47 target.
CLSA assumes Caterpillar (NYSE: CAT) at Outperform and $105 target.
Aegis Capital starts Rosetta Genomics (Nasdaq: ROSG) at Buy and $16 price target. Click Here for more color.
DA Davidson begins Towerstream (Nasdaq: TWER) with a Buy and price target of $7.
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.
Sterne Agee lifts Anworth Mortgage Asset (NYSE: ANH) from Neutral to Buy with a price target of $7.20.
Deutsche Bank upgrades Credit Suisse (NYSE: CS) from Hold to Buy with a CHF 23 target.
UBS raises Luminex (Nasdaq: LMNX) from Neutral to Buy.
Credit Suisse boosts AllianceBernstein (NYSE: AB) from Neutral to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Dahlman Rose cuts US Steel (NYSE: X) from Buy to Hold. Click Here for more color.
RBC Capital downgrades Northrop Grumman (NYSE: NOC) from Sector Perform to Underperform, setting a price target of $68.
Jefferies reduces SAFEWAY (NYSE: SWY) from Buy to Hold, moving its price target from $21 down to $17. Click Here for more color.
Credit Suisse lowers ADTRAN (Nasdaq: ADTN) from Neutral to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Barclays initiates Cirrus Logic (Nasdaq: CRUS) with an Overweight and $47 target.
CLSA assumes Caterpillar (NYSE: CAT) at Outperform and $105 target.
Aegis Capital starts Rosetta Genomics (Nasdaq: ROSG) at Buy and $16 price target. Click Here for more color.
DA Davidson begins Towerstream (Nasdaq: TWER) with a Buy and price target of $7.
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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