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Analyst upgrades, downgrades and initiations: AXP, CL, DLTR, PG, RIMM, UAUA ...

Analyst upgrades:

  • FBR Capital upgraded McAfee (NYSE: MFE) to Outperform from Market Perform after channel checks indicated the company's September quarter deal flow has been stronger than expected. FBR raised its target on shares to $50 from $41.
  • Thomas Weisel upgraded Adtran (NASDAQ: ADTN) to Overweight from Market Weight, citing increased wireless backhaul capex spending by Tier-1 carriers. The firm raised its target to $32 from $21.
  • RBC Capital upgraded Brunswick (NYSE: BC) to Outperform from Sector Perform as the firm thinks the company no longer has liquidity risk and can generate significant profits by 2012. The firm set a $17 target on the stock.
  • Bronco Drilling (NASDAQ: BRNC) was upgraded to Hold from Underperform at Jefferies.
  • LSI Corp. (NYSE: LSI) was upgraded to Buy from Hold at Deutsche Bank.
  • UBS upgraded U.S. Airways (NYSE: LCC) and UAL Corp. (NASDAQ: UAUA) to Buy from Neutral.

Continue reading Analyst upgrades, downgrades and initiations: AXP, CL, DLTR, PG, RIMM, UAUA ...

Analyst upgrades, downgrades and initiations: VOD, CBS, BCS, MS, ICE, AU ...

Analyst upgrades:
  • Royal Bank of Scotland upgraded shares of Vodafone (NYSE: VOD) to Buy from Hold to reflect the company's dividend yield.
  • JMP Securities expects HFF Inc. (NYSE: HF) to benefit from increased U.S. commercial real estate sales and mortgage volumes. Shares were upgraded to Outperform from Market Perform. The firm has a $5 target on shares.
  • Oppenheimer upgraded Church & Dwight (NYSE: CHD) to Outperform from Perform as it believes Church & Dwight's value-oriented portfolio should continue to benefit from the consumer trade-down and that concerns over distribution are overblown. The firm set a $62 price on shares.
  • Regeneron (NASDAQ: REGN) was upgraded to Buy from Neutral at Piper Jaffray.
  • Burlington Northern (NYSE: BNI) was raised to Buy from Neutral at Goldman.
  • AMB Property (NYSE: AMB) was lifted to Neutral from Underperform at Banc of America/Merrill.

Continue reading Analyst upgrades, downgrades and initiations: VOD, CBS, BCS, MS, ICE, AU ...

Symbol Lookup
IndexesChangePrice
DJIA+35.8712,837.10
NASDAQ+17.072,920.95
S&P 500+4.891,347.53

Last updated: February 13, 2012: 10:46 AM

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