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Analyst calls: BT, JAS, EGN, CHL, KO, GILD, DWA ...

Analyst upgrades:
  • Goldman upgraded BT Group (NYSE: BT) to Buy from Neutral on valuation and improved earnings visibility.
  • Soleil upgraded shares of Jo Ann Stores (NYSE: JAS) to Buy from Hold following the company's Q2 upside surprise to reflect strong fundamentals and market share gains. The firm raised Jo Ann's target to $30 from $25.
  • Amylin Pharma (NASDAQ: AMLN) was upgraded to Buy from Neutral at Merrill Lynch.
  • Energen (NYSE: EGN) was upgraded to Buy from Neutral at UBS.
Analyst downgrades:
  • Roth Capital downgraded shares of Warner Chilcott (NASDAQ: WCRX) to Hold from Buy pending patent clarity for the company's lead drug, Loestrin 24 for birth control. The firm lowered their target to $18 from $20.
  • JP Morgan cut China Mobile (NYSE: CHL) to Underweight from Overweight as they believe increased competition may limit earnings growth.
  • Cantor downgraded shares of Cell Genesys (NASDAQ: CEGE) to Hold from Buy following the termination of the VITAL-2 Phase III clinical trial. The firm also lowered their target to $2 from $10.
  • Coca-Cola (NYSE: KO) was lowered to Neutral from Outperform at Credit Suisse.
  • Gilead Sciences (NASDAQ: GILD) was downgraded to Equal Weight from Overweight at Lehman.
  • Cinemark (NYSE: CNK) was downgraded at BMO Capital to Market Perform from Outperform.

Continue reading Analyst calls: BT, JAS, EGN, CHL, KO, GILD, DWA ...

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 10, 2012: 09:08 PM

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