inwk posts
FeedPosted May 8th 2009 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Wal-Mart (WMT), PepsiCo (PEP), Diageo plc (DEO), Target Corp. (TGT), Analyst initiations, Thomson Reuters (TRI), Visa Inc. (V)
Analyst upgrades:
- Citigroup upgraded Cooper Industries (NYSE: CBE) to Hold from Sell to reflect improving macro indicators and a belief negative earnings revisions are unlikely going forward. The firm raised its target price to $37 from $28.
- Royal Bank of Scotland upgraded Siemens (NYSE: SI) to Buy from Hold on expectations the company will benefit from an economic recovery.
- Banc of America/Merril upgraded State Street (NYSE: STT) to Buy from Neutral and raised their price target to $50 from $40 following stress test results that show the company does not need additional capital. The analyst said the news "clears one of the bars on capital concerns."
- Teradata (NYSE: TDC) was raised to Market Weight from Underweight at Thomas Weisel.
- Target (NYSE: TGT) was lifted to Overweight from Neutral at JP Morgan.
- Diageo (NYSE: DEO) was upgraded at UBS to Neutral from Sell.
Continue reading Analyst upgrades, downgrades and initiations: STT, TGT, PEP, V, WMT ...
Posted Nov 8th 2007 10:45AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Goldman Sachs Group (GS), AMR Corp (AMR)
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MOST NOTEWORTHY: ING Group, Innerworkings, Kenexa, AirTran Holdings and AMR Corp were today's noteworthy downgrades:
- Bear Stearns downgraded shares of ING Group (NYSE: ING) to Peer Perform from Underperform after the company's Q3 results, given continued concerns regarding the US mortgage market.
- Jefferies lowered its rating on Innerworkings (NASDAQ: INWK) to Hold from Buy on valuation, as they see limited upside after the in-line Q3 results.
- Kenexa (NASDAQ: KNXA) was downgraded to Market Underperform from Market Perform at JMP Securities. The firm downgraded shares following the disappointing Q3 report and guidance as pressure on its business is likely to continue.
- UBS downgraded AirTran Holdings (NYSE: AAI) to Neutral from Buy and AMR Corporation (NYSE: AMR) to Sell from Neutral. The firm cited weakening corporate demand for the downgrades.
OTHER DOWNGRADES:
- NICE Systems (NASDAQ: NICE) was downgraded to Neutral from Buy at Banc of America.
- Deutsche Bank downgraded Gol Linhas Aereas (NYSE: GOL) to Hold from Buy.
- Wachovia downgraded the Broker Sector to Market Weight from Overweight, also downgrading Goldman Sachs (NYSE: GS) to Market Perform from Outperform.
- Goldman removed Maxim (NASDAQ: MXIM) from its Conviction Buy List.
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