CeoIgt posts
FeedPosted Jul 15th 2009 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Cisco Systems (CSCO), Goldman Sachs Group (GS), Palm Inc (PALM), Lilly (Eli) (LLY), Analyst Initiations, PetroChina Co Ltd ADR (PTR), Hunt(J.B.) Transport (JBHT)
Analyst upgrades:
- Deutsche Bank upgraded HealthSouth (NYSE: HLS) and Rehabcare (NYSE: RHB) to Buy from Hold after raising its Post Acute Care sector view to Positive from Neutral. The firm believes volumes and margin leverage can drive better than expected Q2 results and 2009 guidance. The firm raised its target on HealthSouth shares to $16 from $12 and on Rehabcare to $28 from $19.
- Jefferies upgraded Moody's (NYSE: MCO) to Hold from Underperform to reflect stabilizing credit markets and its belief regulatory concerns are overstated. The firm raised its target on shares to $30 from $19.
- Keefe Bruyette upgraded Goldman Sachs (NYSE: GS) to Outperform from Market Perform as it finds the stock inexpensive following the better than expected results. The firm has a $195 target on shares.
- Vale (NASDAQ: VALE) was upgraded to Buy from Neutral at BofA/Merrill.
- CNOOC (NYSE: CEO) was upgraded to Overweight from Equal Weight at Morgan Stanley.
- International Game Tech (NYSE: IGT) was upgraded to Buy from Neutral at Janney Montgomery.
Continue reading Analyst calls: MCO, VALE, GS, CSCO, PALM, LLY, JBHT, PTR