mig 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 ...
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