Notable Analyst Rating Changes 12/05: (WM) (AAPL) (PNC) Upgraded; (INTC) (CLF) (ALTR) Downgraded
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UPGRADES
Goldman Sachs raises Waste Management (NYSE: WM) from Neutral to Buy, boosting its price target from $33 up to $42. Click Here for more color.
Oracle Investment Research upgrades Apple (Nasdaq: AAPL) from Buy to Strong Buy with a price target of $670. Click Here for more color.
Compass Point boosts PNC Financial (NYSE: PNC) from Neutral to Buy with a price target of $61. Click Here for more color.
Cantor Fitzgerald lifts DuPont Fabros Technology (NYSE: DFT) from Hold to Buy with a price target of $28. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Raymond James downgrades Intel (Nasdaq: INTC) from Market Perform to Underperform.
RBC Capital cuts Cliffs Natural Resources (NYSE: CLF) from Outperform to Sector Perform, moving its price target from $45 down to $32.
ISI Group trims Altera (Nasdaq: ALTR) from Buy to Hold, cutting its target by $5 to $30.
Citi reduces ADTRAN (Nasdaq: ADTN) from Neutral to Sell.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
The WhiteWave Foods Company (NYSE: WWAV) started by a handful today:
UBS initiates Kodiak Oil & Gas (NYSE: KOG) with a Buy.
Goldman Sachs starts United Technologies (NYSE: UTX) with a Neutral and $84 price target. Click Here for more color.
Baird begins Cummins (NYSE: CMI) with an Outperform and price target of $119.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Goldman Sachs raises Waste Management (NYSE: WM) from Neutral to Buy, boosting its price target from $33 up to $42. Click Here for more color.
Oracle Investment Research upgrades Apple (Nasdaq: AAPL) from Buy to Strong Buy with a price target of $670. Click Here for more color.
Compass Point boosts PNC Financial (NYSE: PNC) from Neutral to Buy with a price target of $61. Click Here for more color.
Cantor Fitzgerald lifts DuPont Fabros Technology (NYSE: DFT) from Hold to Buy with a price target of $28. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Raymond James downgrades Intel (Nasdaq: INTC) from Market Perform to Underperform.
RBC Capital cuts Cliffs Natural Resources (NYSE: CLF) from Outperform to Sector Perform, moving its price target from $45 down to $32.
ISI Group trims Altera (Nasdaq: ALTR) from Buy to Hold, cutting its target by $5 to $30.
Citi reduces ADTRAN (Nasdaq: ADTN) from Neutral to Sell.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
The WhiteWave Foods Company (NYSE: WWAV) started by a handful today:
- CLSA at Outperform and $18 price target;
- BofA/Merrill Lynch with a Buy and $18 price target;
- JPMorgan at Overweight and price target of $19; and
- SunTrust Robinson Humphrey at Buy and $20 price target.
UBS initiates Kodiak Oil & Gas (NYSE: KOG) with a Buy.
Goldman Sachs starts United Technologies (NYSE: UTX) with a Neutral and $84 price target. Click Here for more color.
Baird begins Cummins (NYSE: CMI) with an Outperform and price target of $119.
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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