ACHN posts
FeedPosted May 18th 2009 10:30AM by Laurie Pasternack (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Brinker Intl (EAT), Allegheny Energy (AYE), AutoNation Inc (AN), Dean Foods (DF), Morgan Stanley (MS), Under Armour'A' (UA), Analyst initiations
Analyst upgrades:
- Citigroup upgraded Lennar (NYSE: LEN) to Buy from Hold as it believes the company's near-term liquidity profile is improved following the $400M debt issuance. The firm raised its target price to $12 from $11.
- Jefferies upgraded Rowan Companies (NYSE: RDC) to Buy from Hold as it believes jack-up drillers will continue to outperform deepwater names. The firm raised its target price to $27 from $20.
- Keefe Bruyette upgraded First Financial (NASDAQ: FFIN) to Market Perform from Underperform to reflect more positive loan data for the Texas banks. The firm raised its target price on shares to $44 from $38.
- MGM Mirage (NYSE: MGM) was upgraded to Overweight from Neutral at JP Morgan.
- Morgan Stanley (NYSE: MS) was upgraded to Outperform from Market Perform at JMP Securities.
- Brinker (NYSE: EAT) was upgraded to Overweight from Equal Weight at Barclays.
Continue reading Analyst upgrades, downgrades and initiations: LEN, RDC, FFIN, SII, AN, ACHN, UA, LULU, JST
Posted Apr 14th 2009 11:50AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Chevron Corp (CVX), ConocoPhillips (COP), BP p.l.c. ADS (BP), Toll Brothers (TOL), Analyst initiations
Analyst upgrades:
- Banc of America/Merrill upgraded Gymboree (NASDAQ:GYMB) to Buy from Underperform and raised their target to $33 from $15 following the company's Q1 comparable store sales guidance.
- Oppenheimer upgraded Lam Research (NASDAQ:LRCX) to Outperform from Perform after channel checks indicated the company's shipments are gaining momentum. The firm raised their price target on the stock to $35 from $20.
- Owens & Minor (NYSE:OMI) was raised to Outperform from Neutral at Credit Suisse. The firm upgraded shares but lowered their target to $45 from $46 citing underappreciated earnings growth and valuation.
- Albermarle (NYSE:ALB) was upgraded to Conviction Buy from Neutral at Goldman.
- Protective Life (NYSE:PL) was upgraded to Neutral from Sell at UBS.
- Maxim (NASDAQ:MXIM) was lifted to Buy from Hold at Canaccord.
Continue reading Analyst upgrades, downgrades and initiations: GYMB, BP, CVX, COP, TOL
Posted Oct 30th 2008 11:31AM by Eric Buscemi (RSS feed)
Filed under: Analyst upgrades and downgrades, Analyst initiations, , CEMEX S.A.B. de C.V. (CX)
Analyst upgrades:
- Jefferies upgraded Legg Mason (NYSE: LM) to Buy from Hold on valuation following the recent sell-off, as they find the risk/reward attractive at current levels. However, the firm lowered their target to $23 from $44.
- Merriman raised First Solar (NASDAQ: FSLR) to Buy from Neutral after the company showed "industry leading growth" in Q3. The firm has a 12-month price target range of $185 to $195 per share.
- Ladenburg upgraded KeyCorp (NYSE: KEY) to Buy from Neutral.
- Citigroup upgraded shares of Silicon Laboratories (NASDAQ: SLAB) to Buy from Hold on valuation and expects the company to post above average industry growth in 2009.
- Janus Capital (NYSE: JNS) was upgraded to Neutral from Underweight at JP Morgan.
- Associated Estates Realty (NYSE: AEC) was upgraded to Outperform from Neutral at Baird.
Analyst downgrades:Continue reading Analyst calls: LM, FSLR, KEY, HIG, PPO, ASH, VRTX, MKL, CX ...