Notable Analyst Rating Changes 05/04: (FSLR) (SNY) (FE) Upgraded; (MEE) (NSC) (MYL) Downgraded
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UPGRADES
Auriga upgrades First Solar (Nasdaq: FSLR) from Hold to Buy with a $160 price target. Click Here for more color.
BofA/Merrill Lynch lifts Sanofi-Aventis (NYSE: SNY) from Netural to Buy. Click Here for more color.
Soleil Securities ups FirstEnergy Corp. (NYSE: FE) from Hold to Buy, with a price target increased from $36 to $48. Click Here for more color.
Chesapeake Energy (NYSE: CHK) upgraded by two today:
DOWNGRADES
Dahlman Rose lowers Massey Energy Co. (NYSE: MEE) from Buy to Hold. Click Here for more color.
Jefferies downgrades Norfolk Southern (NYSE: NSC) from Buy to Hold while maintaining a $78 price target. Click Here for more color.
Morgan Stanley cuts Mylan (Nasdaq: MYL) from Overweight to Equalweight.
Raymond James downgraded ANADIGICS (Nasdaq: ANAD) from Market Perform to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
ServiceSource International, Inc. (Nasdaq: SREV) gets its wings from several firms today:
UBS initiates a few big names in the financial services and banking sector:
Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
Auriga upgrades First Solar (Nasdaq: FSLR) from Hold to Buy with a $160 price target. Click Here for more color.
BofA/Merrill Lynch lifts Sanofi-Aventis (NYSE: SNY) from Netural to Buy. Click Here for more color.
Soleil Securities ups FirstEnergy Corp. (NYSE: FE) from Hold to Buy, with a price target increased from $36 to $48. Click Here for more color.
Chesapeake Energy (NYSE: CHK) upgraded by two today:
- CapitalOne from Hold to Add; and
- Howard Weil from Market Perform to Market Outperform, with a price target increased from $34 to $39.
DOWNGRADES
Dahlman Rose lowers Massey Energy Co. (NYSE: MEE) from Buy to Hold. Click Here for more color.
Jefferies downgrades Norfolk Southern (NYSE: NSC) from Buy to Hold while maintaining a $78 price target. Click Here for more color.
Morgan Stanley cuts Mylan (Nasdaq: MYL) from Overweight to Equalweight.
Raymond James downgraded ANADIGICS (Nasdaq: ANAD) from Market Perform to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
ServiceSource International, Inc. (Nasdaq: SREV) gets its wings from several firms today:
- Deutsche Bank with a Buy, and $20 price target. Click Here for more color;
- Piper Jaffray with an Overweight, and price target of $17;
- William Blair with an Outperform;
- Morgan Stanley at Overweight, and a price target of $16; and
- Lazard Capital with a Buy, and $15 price target.
UBS initiates a few big names in the financial services and banking sector:
- Citigroup (NYSE: C) with a Buy rating and a $5.60 price target;
- Goldman Sachs (NYSE: GS) at Buy rating and a $200 price target;
- JPMorgan (NYSE: JPM) with a Buy rating and a $54 price target;
- Bank of America (NYSE: BAC) at Neutral rating and a $13.50 price target; and
- Morgan Stanley (NYSE: MS) with a Neutral rating and a $28 price target.
Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
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