Business NEWS

Analyst Upgrades and Downgrades VZ, PTR, TWC, SAP, ROK, CAT, GME…

By Germaine Lombardo for CEOWORLD Magazine Updated:February 9, 2010



Air Products [[APD]] downgraded to Hold from Buy, $73 target, at Citigroup…
BioMarin [[BMRN]] upgraded to Buy from Hold, $23 target, at Roth Capital…
BS Business Parks [[PSB]] upgraded to Outperform, $50 target, at Baird…
Caterpillar [[CAT]] upgraded to Overweight from Underweight at Morgan Stanley…
Complete Production [[CPX]] initiated as Buy at Deutsche Bank…
EXCO Resources [[XCO]] upgraded to Buy from Neutral, $25 target, at Goldman…
Fortinet [[FTNT]] upgraded to Overweight from Neutral, $20 target, at JP Morgan…
GameStop [[GME]] downgraded to Neutral from Outperform at Credit Suisse…
Hasbro [[HAS]] reiterated Buy, target raised to $43 from $40, at KeyBanc…
Hanesbrands [[HBI]] initiated as Buy at Sterne Agee…
Hess Corp [[HES]] initiated as Buy at Calyon…
Ingersoll-Rand [[IR]] upgraded to Equal Weight from Underweight at Morgan Stanley…
Lamar Advertising [[LAMR]] upgraded to Outperform, $40-$42 target, at Wells Fargo…
Louisiana Pacific [[LPX]] upgraded to Sell from Conviction Sell at Goldman…
Kennametal [[KMT]] added to Conviction Sell List, $21 target, at Goldman…
Mindspeed [[MSPD]] downgraded to Hold from Buy at Brigantine…
Monsanto [[MON]] upgraded to Buy from Neutral, $96 target, at BofA/Merrill…
PetSmart [[PETM]] upgraded to Outperform from Neutral, $29 target, at Credit Suisse…
PetroChina [[PTR]] downgraded to Sell from Neutral at Goldman…
Rockwell [[ROK]] upgraded to Equal Weight from Underweight at Morgan Stanley…
Royal Dutch Shell [[RDS.A]] upgraded to Overweight at HSBC…
SAP AG [[SAP]] upgraded to Market Perform from Underperform at FBR Capital…
Sierra Wireless [[SWIR]] upgraded to Outperform from Sector Perform at RBC Capital…
SolarWinds [[SWI]] upgraded to Buy, $27 target, at Noble Financial…
SonicWALL [[SNWL]] upgraded to Overweight from Neutral, $10 target, at JP Morgan…
Terremark [[TMRK]] downgraded to Hold from Buy, $8 target, at Jefferies…
Time Warner [[TWC]] initiated as Hold at Needham…
Verizon [[VZ]] upgraded to Market Perform from Underperform at Bernstein…
VF Corp [[VFC]] initiated as Neutral at Sterne Agee…
WABCO Holdings [[WBC]] upgraded to Overweight from Neutral, $31 target, at JP Morgan…

CEOWORLD HIGHLIGHTS:

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