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FeedPosted Mar 10th 2009 10:51AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Yahoo! (YHOO), Wal-Mart (WMT), Clorox Co (CLX), Kohl's Corp (KSS), Genentech Inc (DNA), Analyst Initiations, Suntech Power Hldgs ADS (STP)
Analyst upgrades:
- Keefe Bruyette upgraded AmeriCredit (NYSE: ACF) to Market Perform from Underperform as it believes the company's warehouse facility amendments substantially reduce the risk of bankruptcy in the near term. The firm has a $6 target on the stock.
- Thomas Weisel upgraded Suntech (NYSE: STP) to Market Weight from Underweight on valuation following the recent weakness. The firm has a $6 target on the stock.
- Banc of America/Merrill upgraded Kohl's (NYSE: KSS) to Buy from Neutral on valuation following the recent weakness and believes the company's guidance is achievable.
- Dr. Pepper Snapple (NYSE: DPS) was upgraded to Buy from Neutral at Goldman.
- Digital River (NYSE: DRIV) was raised to Buy from Hold at Deutsche Bank.
- Clorox (NYSE: CLX) was upgraded at Barclays to Equal Weight from Underweight.
Continue reading Analyst upgrades, downgrades and initiations: STP, WMT, DIS, DNA, YHOO ...