fpo posts
FeedPosted Apr 30th 2009 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Analyst Initiations, Barclays plc ADS (BCS), BHP Billiton Ltd ADR (BHP), Goodyear Tire and Rubber (GT)
Analyst upgrades:
- Stephens upgraded Arris (NASDAQ: ARRS) to Overweight from Equal Weight following the company's Q1 results and raised its target on shares to $15 from $8.
- Goldman upgraded Goodyear Tire (NYSE: GT) to Neutral from Sell and raised their target to $11 from $7 citing better earnings prospects and stabilizing volumes.
- KeyBanc upgraded Parkway Properties (NYSE: PKY) to Hold from Underweight citing the company's improved balance sheet and valuation.
- Digital River (NASDAQ: DRIV) was raised to Perform from Underperform at Oppenheimer.
- Barclays (NYSE: BCS) was raised to Buy from Sell at Royal Bank of Scotland.
- First Potomac (NYSE: FPO) was upgraded at RBC Capital to Sector Perform from Underperform.
Continue reading Analyst upgrades, downgrades and initiations: GT, BCS, PAS, UPS, HSBC ...
Posted Mar 6th 2008 11:10AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades
MOST NOTEWORTHY: Anworth Mortgage, MFA Mortgage, New Star Asset Management and Saks were today's noteworthy downgrades:
- Keefe Bruyette downgraded Anworth Mortgage (NYSE: ANH) and MFA Mortgage (NYSE: MFA) to Market Perform from Outperform to reflect lower book value estimates based on the widening in agency spreads.
- Deutsche Bank downgraded New Star Asset Management (OTC: NWSAF) to Sell from Buy, as they are negative on the company's business model and growth prospects in the current environment.
- Saks (NYSE: SKS) was cut to Neutral from Buy at Banc of America as they believe the high-end is slowing.
OTHER DOWNGRADES: