Notable Analyst Rating Changes 10/02: (C) (PNC) (CTRP) Upgraded; (FITB) (BBT) (SO) Downgraded
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UPGRADES
Keefe, Bruyette & Woods boosts Citi (NYSE: C) from Market Perform to Outperform, raising its price target from $40 to $44. Click Here for more color.
Deutsche Bank upgrades PNC Financial (NYSE: PNC) from Hold to Buy, lifting its price target from $63 to $71. Click Here for more color.
Raymond James raises Ctrip.com (Nasdaq: CTRP) from Market Perform to Strong Buy with a price target of $26.
MKM Partners lifts Cisco (Nasdaq CSCO) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Wells Fargo downgrades Fifth Third Bancorp (Nasdaq: FITB) from Outperform to Market Perform with a price target of $16 to $17. Click Here for more color.
Deutsche Bank trims BB&T Capital (NYSE: BBT) from Buy to Hold with a price target of $34. Click Here for more color.
Credit Suisse cuts Southern Co. (NYSE: SO) from Neutral to Underperform.
Raymond James drops Baidu (Nasdaq: BIDU) from Strong Buy to Outperform while moving its price target from $165 down to $137.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Mondelez International (Nasdaq: MDLZ) started by one 'Halls' of a lot of firms:
ISI Group begins MGM Resorts (NYSE: MGM) with a Buy and target of $13.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Keefe, Bruyette & Woods boosts Citi (NYSE: C) from Market Perform to Outperform, raising its price target from $40 to $44. Click Here for more color.
Deutsche Bank upgrades PNC Financial (NYSE: PNC) from Hold to Buy, lifting its price target from $63 to $71. Click Here for more color.
Raymond James raises Ctrip.com (Nasdaq: CTRP) from Market Perform to Strong Buy with a price target of $26.
MKM Partners lifts Cisco (Nasdaq CSCO) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Wells Fargo downgrades Fifth Third Bancorp (Nasdaq: FITB) from Outperform to Market Perform with a price target of $16 to $17. Click Here for more color.
Deutsche Bank trims BB&T Capital (NYSE: BBT) from Buy to Hold with a price target of $34. Click Here for more color.
Credit Suisse cuts Southern Co. (NYSE: SO) from Neutral to Underperform.
Raymond James drops Baidu (Nasdaq: BIDU) from Strong Buy to Outperform while moving its price target from $165 down to $137.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Mondelez International (Nasdaq: MDLZ) started by one 'Halls' of a lot of firms:
- BofA/Merrill Lynch at Buy and 31 target;
- RBC Capital at Outperform and $32 target;
- Stifel Nicolaus with a Buy and $31 target;
- Barclays with an Overweight and $31 target;
- BMO Capital at Market Perform and $29 target;
- Citi with a Buy;
- Credit Suisse with an Outperform and target of $31; and
- Deutsche Bank at Hold and $27 target. Click Here for more color.
- BofA/Merrill Lynch at Buy and $50 target;
- Morgan Stanley at Equalweight;
- BMO Capital with an Outperform and $50 target;
- UBS at Buy and target of $50;
- Stifel Nicolaus with a Buy and $49 target;
- Credit Suisse at Outperform and target of $50.
ISI Group begins MGM Resorts (NYSE: MGM) with a Buy and target of $13.
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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Credit Suisse, Stifel, Keefe, Bruyette & Woods, Deutsche Bank, UBS, Citi, Raymond James, Morgan Stanley, BMO Capital, RBC Capital, Barclays, BB&T Capital Markets, Notable Analyst Rating Changes, Cowen & Co, Wells FargoSign up for StreetInsider Free!
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