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Analyst upgrades, downgrades and initiations: AFL, COH, CPB, DOW, MS, TTM ...

Analyst upgrades:

  • Baird upgraded WinTrust (NASDAQ: WTFC) to Neutral from Underperform and raised its target to $20 from $13 citing the accretive purchase of AIG (NYSE: AIG) loans and reduced risk of a capital raise.
  • Piper Jaffray upgraded Coach (NYSE: COH) to Overweight from Neutral on expectations product sell-throughs and margin trends will improve in the coming quarters. The firm has a $32 target on the stock.
  • RBC Capital upgraded Campbell Soup (NYSE: CPB) to Sector Perform from Underperform and raised its target to $33 from $29. The firm cites Campbell's recent innovation, easy volume comps, and "reasonable" consensus estimates for its upgrade.
  • Tata Motors (NYSE: TTM) was upgraded to Equal Weight from Underweight at Morgan Stanley.
  • Rockwell Automation (NYSE: ROK) was upgraded to Buy from Neutral at BofA/Merrill.
  • Fifth Third Bancorp (NASDAQ: FITB) was upgraded to Conviction Buy from Buy at Goldman.

Continue reading Analyst upgrades, downgrades and initiations: AFL, COH, CPB, DOW, MS, TTM ...

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DJIA+72.8112,874.04
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S&P 500+9.131,351.77

Last updated: February 13, 2012: 05:19 PM

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