Analyst upgrades and downgrades
Posted Dec 24th 2008 12:16PM by Eric Buscemi
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Analyst Initiations
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Analyst upgrades:
- CIBC upgraded Sunlife Financial (NYSE:SLF) to Sector Outperformer from Sector Performer.
ProLogis (NYSE:PLD) was raised to Outperform from Underperform at Wachovia.
Analyst downgrades:
- Friedman Billings downgraded shares of Cameco (NYSE:CCJ) to Market Perform from Outperform and lowered their target to $13 from $48 to reflect their lower uranium price outlook.
- B. Riley downgraded S&T Bancorp (NASDAQ:STBA) to Neutral from Buy on valuation and asset quality concerns.
- Gabelli downgraded KV Pharmaceutical (NYSE:KV.A) to Hold from Buy after the company said it was indefinitely suspending distribution of all tablet products due to manufacturing and quality assurance concerns.
- AMAG Pharma (NASDAQ:AMAG) was cut to Underperform from Neutral at Merrill Lynch.
Tags: amag, analyst downgrade, analyst upgrades, AnalystDowngrade, AnalystUpgrades, ccj, kv.a, pld, slf, stba
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