Rochdale's Dick Bove Cuts Credit Suisse (CS) to Neutral

March 21, 2011 1:40 PM EDT
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Price: $0.89 --0%

Rating Summary:
    8 Buy, 7 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Rochdale Securities' noted Banking analyst Dick Bove downgraded shares of Credit Suisse (NYSE: CS) from Buy to Neutral today. The analyst reduced his price target on CS shares from $52.94 to $45.50.

Credit Suisse shares are trading sharply higher today amid strength in US financials and the largest gain in the Swiss equities market in more than six months. With About two hours left in today's session, the stock is up 2.3% to $42.87.

For more ratings news on Credit Suisse click here and for the rating history of Credit Suisse click here.


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