Notable Analyst Rating Changes 06/11: (CTRX) (ABC) (DIS) Upgraded; (LULU) (MCO) (TCK) Downgraded
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UPGRADES
Catamaran (Nasdaq: CTRX) upgraded by three:
Leerink Swann raises AmerisourceBergen (NYSE: ABC) from Market Perform to Outperform, moving its price target from $55 to $60 up to a range of $60 to $65. Click Here for more color.
Macquarie lifts Walt Disney (NYSE: DIS) from Neutral to Outperform.
CRT Capital boosts Questcor Pharmaceuticals (Nasdaq: QCOR) from Fairly Valued to Buy with a price target of $52.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
lululemon athletica, inc. (Nasdaq: LULU) downgraded by two today:
Benchmark trims Moody's Corp (NYSE: MCO) from Buy to Hold, moving its price target from $60 to $71. Click Here for more color.
Canaccord Genuity eases Kinross Gold (NYSE: KGC) from Buy to Hold, modifying its price target from $8 down to $7.70.
Dundee downgrades Teck Resources (NYSE: TCK) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
ING U.S (NYSE: VOYA) coverage started by just about every firm on the Street today:
Jefferies initiates Restoration Hardware (NYSE: RH) with a Buy and $68 price target. Click Here for more color.
Topeka Capital starts Diamondback Energy (Nasdaq: FANG) with a Buy rating and a price target of $42. Click Here for more color.
Tableau Software (NYSE: DATA) initiated by several firms:
Multiple firms start Marketo, Inc (Nasdaq: MKTO) today:
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.
Catamaran (Nasdaq: CTRX) upgraded by three:
- CIBC from Sector Perform to Sector Outperform, moving its price target from $61.51 to $63.75;
- UBS from Neutral to Buy, adjusting its price target from $59 to $68. Click Here for more color; and
- Raymond James from Market Perform to Outperform with a price target of $62.
Leerink Swann raises AmerisourceBergen (NYSE: ABC) from Market Perform to Outperform, moving its price target from $55 to $60 up to a range of $60 to $65. Click Here for more color.
Macquarie lifts Walt Disney (NYSE: DIS) from Neutral to Outperform.
CRT Capital boosts Questcor Pharmaceuticals (Nasdaq: QCOR) from Fairly Valued to Buy with a price target of $52.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
lululemon athletica, inc. (Nasdaq: LULU) downgraded by two today:
- UBS from Buy to Neutral, trimming its price target from $90 to $72. Click Here for more color; and
- Sterne Agee from Buy to Neutral, moving its price target from $90 down to $75. Click Here for more color.
Benchmark trims Moody's Corp (NYSE: MCO) from Buy to Hold, moving its price target from $60 to $71. Click Here for more color.
Canaccord Genuity eases Kinross Gold (NYSE: KGC) from Buy to Hold, modifying its price target from $8 down to $7.70.
Dundee downgrades Teck Resources (NYSE: TCK) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
ING U.S (NYSE: VOYA) coverage started by just about every firm on the Street today:
- Morgan Stanley with an Equalweight.
- Citi with a Neutral and target of $30;
- Credit Suisse at Neutral and $28 target;
- Barclays with an Equalweight and target of $27;
- JPMorgan with a Neutral and $28 target;
- Evercore Partners at Equal Weight and target of $30;
- BofA/Merrill Lynch at Neutral and target of $30;
- SunTrust Robinson Humphrey with a Neutral and target of $30;
- Raymond James with an Outperform and $32.50 target. Click Here for more color;
- Keefe, Bruyette & Woods at Market Perform and $30 target;
- Sandler O'Neill with a Hold and $29 target;
- Deutsche Bank at Hold rating and a price target of $31. Click Here for more color;
- Wells Fargo with a Market Perform rating and a price target of $27 to $30. Click Here for more color; and
- Goldman Sachs with a Neutral rating and a price target of $27. Click Here for more color.
Jefferies initiates Restoration Hardware (NYSE: RH) with a Buy and $68 price target. Click Here for more color.
Topeka Capital starts Diamondback Energy (Nasdaq: FANG) with a Buy rating and a price target of $42. Click Here for more color.
Tableau Software (NYSE: DATA) initiated by several firms:
- Drexel Hamilton with a Hold;
- Morgan Stanley at Equalweight;
- JPMorgan at Neutral and $54 target;
- UBS with a Buy and price target of $65;
- Goldman Sachs at Neutral rating and a price target of $47. Click Here for more color.
- Credit Suisse with a Neutral and $50 target;
- BMO Capital with a Market Perform and $57 target; and
- JMP Securities at Market Outperform and $65 target.
Multiple firms start Marketo, Inc (Nasdaq: MKTO) today:
- Credit Suisse at Outperform and price target of $30;
- Goldman Sachs with a Neutral rating and a price target of $20. Click Here for more color.;
- JMP Securities with a Market Outperform and price target of $27;
- Raymond James at Outperform and $25 target;
- Canaccord Genuity at Buy and $25 target; and
- UBS with a Neutral and $22 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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