Business NEWS

Analyst Upgrades and Downgrades MOT, MET, MA, HOT, CIEN, BBY, GPS, ALKS…

By Amarendra Bhushan for CEOWORLD Magazine Updated:February 5, 2010


Alkermes (ALKS, News, Press Releases: 12.94 -0.37 -2.78%, yield: N/A, cap: 1.227B, 1yr target: 14.14) upgraded to Buy, target raised to $13.50 from $11.50, at Jefferies…
Archer-Daniels-Midland (ADM, News, Press Releases: 29.09 -0.15 -0.51%, yield: 1.95, cap: 18.693B, 1yr target: 37.00) upgraded to Buy, $35 target, at Deutsche Bank…
Argon ST (STST, News, Press Releases: 26.15 +0.78 +3.07%, yield: N/A, cap: 571.5M, 1yr target: 28.71) downgraded to Perform from Outperform at Oppenheimer…
Bebe Stores (BEBE, News, Press Releases: 9.24 -0.01 -0.11%, yield: 1.62, cap: 796.2M, 1yr target: 7.80) upgraded to Buy, target raised to $10 from $6.50, at Roth Capital…
Best Buy (BBY, News, Press Releases: 40.99 +0.54 +1.33%, yield: 1.38, cap: 17.135B, 1yr target: 45.90) upgraded to Buy from Neutral, $44 target, at Janney Montgomery…
Choice Hotels (CHH, News, Press Releases: 34.28 +0.51 +1.51%, yield: 2.19, cap: 2.047B, 1yr target: 32.92) upgraded to Outperform from Neutral at RW Baird…
Cimarex Energy (XEC, News, Press Releases: 57.90 -1.06 -1.80%, yield: 0.41, cap: 4.837B, 1yr target: 66.31) initiated as Buy at KeyBanc…
Ciena (CIEN, News, Press Releases: 14.93 -0.239 -1.58%, yield: N/A, cap: 1.382B, 1yr target: 14.14) downgraded to Equal Weight from Overweight, $14 target, at Barclays….
Cogo Group (COGO, News, Press Releases: 7.22 -0.13 -1.77%, yield: N/A, cap: 260.9M, 1yr target: 8.75) maintained Outperform, target raised to $9.50 from $8.50, at Piper Jaffray…
Coach (COH, News, Press Releases: 37.85 -0.23 -0.60%, yield: 0.79, cap: 11.892B, 1yr target: 40.06) downgraded to Neutral from Buy at Goldman…
Dollar Tree (DLTR, News, Press Releases: 56.42 -0.33 -0.58%, yield: N/A, cap: 4.965B, 1yr target: 63.00) downgraded to Neutral from Overweight, $53 target, at JP Morgan…
Eastman Kodak (EK, News, Press Releases: 5.86 -0.13 -2.17%, yield: N/A, cap: 1.574B, 1yr target: 4.33) upgraded to Hold at Brean Murray…
Gap (GPS, News, Press Releases: 23.22 -0.09 -0.39%, yield: 1.46, cap: 15.929B, 1yr target: 24.24) upgraded to Buy from Hold at Citigroup…
hhgregg (HGG, News, Press Releases: 23.05 +0.05 +0.22%, yield: N/A, cap: 886.1M, 1yr target: 24.00) upgraded to Buy from Neutral, target raised to $23 from $20, at Janney Montgomery…
Intercontinental Hotels (IHG, News, Press Releases: 15.29 -0.06 -0.39%, yield: N/A, cap: 4.358B, 1yr target: 14.64) upgraded to Outperform from Neutral at RW Baird…
Interpublic Group (IPG, News, Press Releases: 8.61 -0.03 -0.35%, yield: N/A, cap: 4.183B, 1yr target: 9.30) upgraded to Neutral at Credit Suisse…
Kforce.com (KFRC, News, Press Releases: 15.58 +0.44 +2.91%, yield: N/A, cap: 606.9M, 1yr target: 16.19) initiated as Buy at Ladenburg…
Leap Wireless (LEAP, News, Press Releases: 16.15 +0.09 +0.56%, yield: N/A, cap: 1.252B, 1yr target: 18.26) downgraded to Underweight, target lowered to $10 from $12, at JP Morgan…
LDK Solar (LDK, News, Press Releases: 6.60 -0.12 -1.79%, yield: N/A, cap: 856.6M, 1yr target: 6.93) upgraded to Neutral at Underweight, target raised to $6.90 from $6.30, at HSBC…
MasterCard (MA, News, Press Releases: 244.36 -1.94 -0.79%, yield: 0.24, cap: 31.870B, 1yr target: 282.93) upgraded to Outperform, $270-280 target, at Wells Fargo…
MEMC Electronic (WFR, News, Press Releases: 14.20 -0.28 -1.93%, yield: N/A, cap: 3.229B, 1yr target: 16.61) upgraded to Outperform from Neutral at Credit Suisse…
Meritage Homes (MTH, News, Press Releases: 21.36 -0.48 -2.20%, yield: N/A, cap: 679.4M, 1yr target: 21.43) downgraded to Hold from Buy, $22 target, at Citigroup…
Metlife (MET, News, Press Releases: 41.83 -0.62 -1.46%, yield: 1.74, cap: 34.264B, 1yr target: 46.85) upgraded to Outperform, target raised to $46 from $43, at FBR…
Monolithic Power (MPWR, News, Press Releases: 21.44 -0.25 -1.15%, yield: N/A, cap: 755.4M, 1yr target: 25.64) reiterated Overweight, target raised to $28 from $26, at Piper Jaffray…
Motorola (MOT, News, Press Releases: 7.18 -0.17 -2.31%, yield: N/A, cap: 16.606B, 1yr target: 8.77) upgraded to Overweight from Equalweight, $9 target, at Barclays…
Murphy Oil (MUR, News, Press Releases: 55.03 -0.39 -0.70%, yield: 1.80, cap: 10.518B, 1yr target: 62.00) upgraded to Hold, $45 target, at Collins Stewart…
NCR Corporation (NCR, News, Press Releases: 13.67 -0.48 -3.39%, yield: N/A, cap: 2.183B, 1yr target: 15.71) upgraded to Outperform, target raised to $17 from $12, at Baird…
New Oriental Education & Technology Group (EDU, News, Press Releases: 85.12 +0.08 +0.09%, yield: N/A, cap: 3.207B, 1yr target: 78.87) upgraded to Buy, $80 target, at Brean Murray…
Nordstrom (JWN, News, Press Releases: 40.42 +0.16 +0.40%, yield: 1.59, cap: 8.799B, 1yr target: 42.29) downgraded to Neutral from Buy at Goldman…
PerkinElmer (PKI, News, Press Releases: 23.61 -0.50 -2.07%, yield: 1.16, cap: 2.760B, 1yr target: 24.00) upgraded to Outperform, target raised to $25 from $20, at Baird…
Power Integrations (POWI, News, Press Releases: 41.35 -0.22 -0.53%, yield: 0.30, cap: 1.139B, 1yr target: 40.75) upgraded to Neutral, target raised to $37 from $30, at Piper Jaffray…
ResMed (RMD, News, Press Releases: 62.18 -0.52 -0.83%, yield: N/A, cap: 4.673B, 1yr target: 60.64) upgraded to Market Perform, $53-58 target, at Wells Fargo…
Shutterfly (SFLY, News, Press Releases: 22.99 -0.16 -0.69%, yield: N/A, cap: 595.6M, 1yr target: 23.11) maintained Buy, target raised to $23 from $21, at Janney Montgomery Scott…
Spectra Energy (SE, News, Press Releases: 22.22 -0.28 -1.24%, yield: 4.44, cap: 14.387B, 1yr target: 23.67) upgraded to Hold, $21.50 target, at Citi…
Starwood Hotels & Resorts (HOT, News, Press Releases: 42.57 +0.19 +0.45%, yield: 0.47, cap: 7.953B, 1yr target: 38.31) upgraded to Neutral, target raised to $31 from $25, at Baird…
Suntech Power (STP, News, Press Releases: 14.24 -0.30 -2.06%, yield: N/A, cap: 2.550B, 1yr target: 15.84) upgraded to Overweight, target raised to $17.20 from $15.30, at HSBC…
Tenneco (TEN, News, Press Releases: 21.93 -0.89 -3.90%, yield: N/A, cap: 1.158B, 1yr target: 23.50) reiterated Buy, target raised to $27 from $19, at KeyBanc…
Texas Roadhouse (TXRH, News, Press Releases: 14.05 +0.01 +0.07%, yield: N/A, cap: 993.0M, 1yr target: 14.45) upgraded to Outperform from Neutral at Credit Suisse…
Trina Solar (TSL, News, Press Releases: 21.30 +0.76 +3.70%, yield: N/A, cap: 1.294B, 1yr target: 30.21) maintained Overweight, target raised to $31 from $14.50, at HSBC…
Valeant Pharm (VRX, News, Press Releases: 40.35 -0.26 -0.64%, yield: N/A, cap: 3.148B, 1yr target: 32.80) initiated as Buy at Jefferies…
WABCO Holdings (WBC, News, Press Releases: 29.30 -0.31 -1.05%, yield: N/A, cap: 1.878B, 1yr target: 32.50) upgraded to Outperform, target raised to $30 from $18, at Baird…

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