Notable Analyst Rating Changes 12/21: (PLCM) (LYG) (HSY) Upgraded; (TDC) (JEF) (JPM) Downgraded
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UPGRADES
Citi upgrades Polycom (Nasdaq: PLCM) from Neutral to Buy.
Exane BNP Paribas boosts Lloyds TSB Group (NYSE: LYG) from Underperform to Outperform.
BofA/Merrill Lynch lifts Hershey (NYSE: HSY) from Neutral to Buy.
ThinkEquity raises Research In Motion Ltd. (Nasdaq: RIMM) from Hold to Buy with a price target of $16.
Argus ups Coca-Cola Enterprises (NYSE: CCE) from Hold to Buy with a price target of $31.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Oppenheimer downgrades Teradata (NYSE: TDC) from Outperform to Perform.
Keefe, Bruyette & Woods lowers Jefferies Group (NYSE: JEF) from Outperform to Market Perform.
Sterne Agee cut shares of JPMorgan (NYSE: JPM) from Buy to Neutral.
Argus reduces AT&T (NYSE: T) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
MKM Partners initiates Broadcom (Nasdaq: BRCM) with a Buy, and a $35 price target.
Sterne Agee begins Ford (NYSE: F) a Buy, and $18 price target.
Needham & Company initiates coverage on Cree (NASDAQ: CREE) with a Buy, and $28 price target. Click Here for more color.
JMP Securities starts Capstone Turbine (Nasdaq: CPST) with a Market Outperform, and $2 price target.
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.
Citi upgrades Polycom (Nasdaq: PLCM) from Neutral to Buy.
Exane BNP Paribas boosts Lloyds TSB Group (NYSE: LYG) from Underperform to Outperform.
BofA/Merrill Lynch lifts Hershey (NYSE: HSY) from Neutral to Buy.
ThinkEquity raises Research In Motion Ltd. (Nasdaq: RIMM) from Hold to Buy with a price target of $16.
Argus ups Coca-Cola Enterprises (NYSE: CCE) from Hold to Buy with a price target of $31.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Oppenheimer downgrades Teradata (NYSE: TDC) from Outperform to Perform.
Keefe, Bruyette & Woods lowers Jefferies Group (NYSE: JEF) from Outperform to Market Perform.
Sterne Agee cut shares of JPMorgan (NYSE: JPM) from Buy to Neutral.
Argus reduces AT&T (NYSE: T) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
MKM Partners initiates Broadcom (Nasdaq: BRCM) with a Buy, and a $35 price target.
Sterne Agee begins Ford (NYSE: F) a Buy, and $18 price target.
Needham & Company initiates coverage on Cree (NASDAQ: CREE) with a Buy, and $28 price target. Click Here for more color.
JMP Securities starts Capstone Turbine (Nasdaq: CPST) with a Market Outperform, and $2 price target.
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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