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Analyst Calls: HSP, EBAY, BX, CSCO

Analyst upgrades:
  • Bernstein upgraded Hospira (HSP) to Outperform from market Perform based on valuation, expectations that the company will be able to fix manufacturing issues quickly, and views Propolfol and biosimilars as underappreciated. The firm has a $63 price target on the stock.
  • Citigroup upgraded eBay (EBAY) to Buy from Hold citing valuation and improvements to Marketplace. The firm keeps a $28 price target for shares.
  • Deutsche Bank upgraded Coca-Cola Femsa (KOF) to Hold from Sell citing lessening acquisition risk and raised its target for shares to $66 from $61.
  • Blackstone (BX) and Simon Property (SPG) were upgraded to Conviction Buy from Buy at Goldman.
  • BreitBurn Energy (BBEP) was upgraded to Outperform from Market Perform at Wells Fargo.
  • SL Green Realty (SLG) was upgraded to Buy from Neutral at BofA/Merrill.

Continue reading Analyst Calls: HSP, EBAY, BX, CSCO

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 27, 2012: 09:58 PM

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