cgag posts
FeedPosted Nov 18th 2008 11:11AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Coca-Cola (KO), Kellogg Co (K), Analyst initiations
.gif)
Analyst upgrades:
- Cowen upgraded Aaron Rents (NYSE: RNT) to Outperform from Neutral and believes the company's business model is gaining momentum despite the difficult environment. The firm views valuation as attractive.
- Citigroup upgraded shares of MedCath (NASDAQ: MDTH) to Hold from Sell on valuation following the recent sell-off. The company's target was lowered to $9 from $19.
- Stanford upgraded AeroVironment (NASDAQ: AVAV) to Buy from Hold based on valuation and because they believe its visibility over the next year has improved.
- Chiquita Brands (NYSE: CQB) was lifted to Buy from Hold at BB&T.
- Chico's FAS (NYSE: CHS) was upgraded to Neutral from Sell at UBS.
- FCStone (NASDAQ: FCSX) was raised to Strong Buy from Outperform at Raymond James.
Analyst downgrades:
- RBC Capital downgraded Clearwire (NASDAQ: CLWR) to Sector Perform from Outperform based on reduced valuation parameters and lack of catalysts. The company's target was lowered to $9 from $15.
- Kellogg (NYSE: K) and Coca-Cola (NYSE: KO) were cut to Neutral from Buy at UBS.
- Evergreen Solar (NASDAQ: ESLR) was downgraded at JP Morgan to Underweight from Neutral.
- Deutsche Telekom (NYSE: DT) was downgraded to Neutral from Buy at Goldman and to Hold from Buy at Deutsche Bank.
Continue reading Analyst calls: CHS, CQB, CLWR, KO, K, ESLR, DT, FSLR, NBR
Comfort Zone Investing: The unmighty dollar
Five winners of a weak dollar
For a quick-read on the U.S. economy, check the price of gasoline
