AOL Money & Finance

fpo posts

Feed

Analyst upgrades, downgrades and initiations: GT, BCS, PAS, UPS, HSBC ...

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 ...

Analyst downgrades: ANH, MFA, NWSAF and SKS

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:

Symbol Lookup
IndexesChangePrice
DJIA+20.9310,267.90
NASDAQ+8.422,159.50
S&P 500+3.381,096.39

Last updated: November 11, 2009: 01:39 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance