Notable Analyst Rating Changes 10/31: (F) (CTRP) (ERIC) Upgraded; (BIDU) (WU) (RVBD) Downgraded
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UPGRADES
Craig-Hallum boosts Ford (NYSE: F) from Neutral to Buy, raising its price target by $2 to $14.00.
Goldman Sachs upgrades Ctrip.com (Nasdaq: CTRP) from Sell to Buy, while increasing its price target from $15.50 to $25. Click Here for more color.
Cowen raises Ericsson (Nasdaq: ERIC) from Neutral to Outperform.
ISI Group lifts Extra Space Storage (NYSE: EXR) from Hold to Buy, adjusting its price target from $35 to $37.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Western Union Co. (NYSE: WU) receiving a lot of non-love from Wall St. today:
Citi downgraded Baidu (Nasdaq: BIDU) from Buy to Sell, slashing its price target from $191 to $95.
Riverbed Technology (Nasdaq: RVBD) trimmed by two firms:
Raymond James cuts QEP Resources (NYSE: QEP) from Outperform to Market Perform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
LifeLock (NYSE: LOCK) initiated by two today:
Susser Petroleum Partners LP (NYSE: SUSP) started by two today:
Halcon Resources (Nasdaq: HK) started by no less than two Wednesday:
Two start Fleetmatics Group Limited (NYSE: FLTX) today:
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Craig-Hallum boosts Ford (NYSE: F) from Neutral to Buy, raising its price target by $2 to $14.00.
Goldman Sachs upgrades Ctrip.com (Nasdaq: CTRP) from Sell to Buy, while increasing its price target from $15.50 to $25. Click Here for more color.
Cowen raises Ericsson (Nasdaq: ERIC) from Neutral to Outperform.
ISI Group lifts Extra Space Storage (NYSE: EXR) from Hold to Buy, adjusting its price target from $35 to $37.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Western Union Co. (NYSE: WU) receiving a lot of non-love from Wall St. today:
- CLSA from Underperform to Sell, dropping its PT from $18 down to $14.50;
- Evercore Partners to Underweight, while halving its PT to $13;
- Wells Fargo from Outperform to Market Perform with a price target of $18-$20 from $26-$28. Click Here for more color; and
- SunTrust Robinson Humphrey from Buy to Neutral.
Citi downgraded Baidu (Nasdaq: BIDU) from Buy to Sell, slashing its price target from $191 to $95.
Riverbed Technology (Nasdaq: RVBD) trimmed by two firms:
- Jefferies from Hold to Underperform, its price target dropped from $20 down to $16.25; and
- Baird from Outperform to Neutral, lowering its price target by $4 to $24.
Raymond James cuts QEP Resources (NYSE: QEP) from Outperform to Market Perform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
LifeLock (NYSE: LOCK) initiated by two today:
- BofA/Merrill Lynch at Buy and $12 price target; and
- Canaccord Genuity also at Buy and $11 target.
Susser Petroleum Partners LP (NYSE: SUSP) started by two today:
- RBC Capital with an Outperform and price target of $30; and
- Raymond James at Outperform and $26 target.
Halcon Resources (Nasdaq: HK) started by no less than two Wednesday:
- Goldman Sachs with a Neutral and $9 price target. Click Here for more color; and
- JPMorgan at Neutral and price target of $8.
Two start Fleetmatics Group Limited (NYSE: FLTX) today:
- Barclays at Overweight and $24 target; and
- BofA/Merrill Lynch at Buy and price target of $26.
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