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Analyst upgrades, downgrades and initiations: CHK, AEO, RBS, COF ...

Analyst upgrades:

  • Morgan Stanley upgraded Chesapeake Energy (NYSE: CHK) to Overweight from Equal Weight as they expect the company to benefit from higher natural gas prices in 2010. The firm has a $34 target on shares.
  • Citigroup upgraded Energy Conversion (NASDAQ: ENER) to Hold from Sell on valuation is it finds the risk/reward balanced at current levels. The firm raised its target price to $16 from $13.
  • Jefferies upgraded Lifetime Brands (NASDAQ: LCUT) to Buy from Underperform to reflect reduced liquidity concerns and an improved outlook for Global Direct Sellers. The firm raised its target price to $4 from $2.
  • American Eagle (NYSE: AEO) was upgraded to Overweight from Equal Weight at Barclays.
  • TJX Companies (NYSE: TJX) was upgraded at Barclays to Overweight from Equal Weight and to Outperform from Netural at Credit Suisse.
  • STEC Inc (NASDAQ: STEC) was raised to Overweight from Market Weight at Thomas Weisel.

Continue reading Analyst upgrades, downgrades and initiations: CHK, AEO, RBS, COF ...

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: 09:51 PM

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