Achillion 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
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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
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