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Analyst Calls: AB, ARMH, BP, DANG, JNS, LOGI, PCX, SYMC, YHOO, YOKU ...

Analyst Upgrades
  • BP (BP) to buy from hold at RBS.
  • Symantec (SYMC) to buy from hold at Deutsche Bank.
  • GenOn Energy (GEN) and Nationwide Health Properties (NHP) to buy from hold at Citigroup.
  • Logitech (LOGI) and Patriot Coal (PCX) to neutral from sell, as well as ARM Holdings (ARMH) to buy from neutral, at Goldman.
  • Silvercorp Metals (SVM) to outperform from market perform at BMO Capital.
  • Cinemark (CNK) to equal weight from underweight at Morgan Stanley.
  • Smith & Nephew (SNN) to market perform from underperform at Bernstein.
  • Molex (MOLX) to overweight from underweight at JPMorgan.

Continue reading Analyst Calls: AB, ARMH, BP, DANG, JNS, LOGI, PCX, SYMC, YHOO, YOKU ...

Analyst downgrades 6-13-07: AL, COST, DF and HOFF

MOST NOTEWORTHY: Some of today's more noteworthy downgrades included Dean Foods Co (DF), Louisiana-Pacific Corp (LPX), Costco Wholesale Corp (COST), Alcan Inc (AL) and Horizon Offshore, Inc (HOFF):
  • Dean Foods Co (NYSE: DF) was cut to Neutral from Overweight at JP Morgan to reflect future guidance concerns after management's cautious tone.
  • Louisana-Pacific Corp (NYSE: LPX) was downgraded to Strong Sell from Buy at Matrix USA. The firm believes a weak housing market is having a significant negative impact on shares and sees downside to $14/share.
  • Bear Stearns cut Alcan (NYSE: AL) to Peer Perform from Outperform based on valuation.
  • Oppenheimer downgraded Horizon Offshore (NASDAQ: HOFF) to Neutral from Buy on news of the acquisition by Cal Dive International (NYSE: DVR) as the firm believes the likelihood of a materially higher bid is low...
OTHER DOWNGRADES:
  • Nucor Corp (NYSE: NUE) was taken off Goldman's Conviction Buy List.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Symbol Lookup
IndexesChangePrice
DJIA+85.3312,886.56
NASDAQ+26.342,930.22
S&P 500+9.361,352.00

Last updated: February 13, 2012: 02:56 PM

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