Navigate: Home|Business, Wall Street|Pre-Market Stock Upgrades/Downgrades Sept 10, 2009

Pre-Market Stock Upgrades/Downgrades Sept 10, 2009

By editor|Sep 10, 2009, 9:04 AM|Author's Website  

Here is  a list of this morning’s company upgrades, downgrades and coverage initiations by brokerage firms with roughly 15 minutes until the opening bell.

Analyst Upgrades:

  • Brady (NYSE:BRC) upgraded to Buy from Hold at KeyBanc Capital Mkts
  • Time Warner Cable (NYSE:TWC) price target raised to $45 from $35 at Citigroup
  • Franklin Resources (NYSE:BEN) gets its price target raised at FBR Capital to $105 from $96
  • Sierra Wireless (NASDAQ:SWIR) upgraded to Neutral from Underweight at JP Morgan
  • Leerink Swann raises PerkinElmer’s (NYSE:PKI) valuation range to $18-$19 from $16-$18
  • UAL Corp. (NASDAQ:UAUA) upgraded to Overweight from Underweight at JP Morgan ; price target set at $13
  • US Airways (NYSE:LLC) upgraded to Neutral from Underweight at JP Morgan ; price target set to $6.50
  • Kaufman raises Skyworks (NASDAQ:LWKS) price target to $15
  • Apple Inc. (NASDAQ:AAPL) upgraded to Mkt Outperform from Mkt Perform at  JMP Securities ; price target set at $200
  • Univ Elec (NASDAQ:UEIC) upgraded to Buy from Hold at  Deutsche Securities ; price target raised to $25 from $21
  • Goldman Sachs raises Blackstone (NYSE:BX) to Conviction Buy from Buy
  • Schweitzer-Mauduit (NYSE:SWM) price target raised to $60 from $40 at Oppenheimer
  • Tiffany & Co. (NYSE:TIF) upgraded to Outperform from Neutral at Credit Suisse ; price target raised to $45 from $20
  • Lazard (NYSE:LZ) raised to Conviction Buy from Buy by Goldman Sachs
  • Xerox (NYSE:XRX) upgraded to Buy from Hold at Brean Murray ; price target set at $10.25
  • ISTA Pharma’s (NASDAQ:ISTA) price target is raised to $7 from $6 at RBC
  • Starent Networks (NASDAQ:STAR) upgraded to Overweight from Equal Weight at Barclays Capital ; price target raised to $29 from $24
  • Talbots (NYSE:TLB) upgraded to Buy from Hold at  Citigroup ; price target raised to $9.50 from $5.00
  • Vivus (NASDAQ:VVUS) valuation range raised to $11-$13 from $8-$9 at Leerink Swann
  • Taleo (NASDAQ:TLEO) upgraded to Mkt Perform from Underperform at  FBR Capital ; price target raised to $17 from $14

Analyst Downgrades:

  • AMAG Pharma (NASDAQ:AMAG) downgraded to Hold from Buy at Citigroup
  • Navistar (NYSE:NAV) downgraded to Neutral from Overweight at JPMorgan ; price target lowered to $47 from $56
  • Electronic Arts (NASDAQ:ERTS) cut to Neutral from Buy by Goldman Sachs
  • Illinois Tool (NYSE:ITW) downgraded to Underperform from Neutral at BofA/Merrill
  • Air Tran Holdings (NYSE:AAI) downgraded to Neutral from Overweight at JPMorgan ; price target lowered to $9  from $10
  • Jetblue Airways (NASDAQ:JBLU) downgraded downgraded to Neutral from Overweight at JPMorgan ; price target lowered to $7.00 from $9.50
  • Och-Ziff Capital (NYSE:OZM) downgraded to Buy from Conviction Buy at Goldman
  • Cardinal Health (NYSE:CAH) downgraded to Perform from Outperform at Oppenheimer
  • Stifel Financial (NYSE:SF) downgraded to Neutral from Conviction Buy by Goldman Sachs
  • BP (NYSE:BP) downgraded to Neutral from Overweight at HSBC Securities
  • Royal Dutch Shell plc (NYSE:RDS.B) downgraded to Underweight from Neutral at HSBC Securities
  • 012 Smile.Communications (NASDAQ:SMLC) downgraded to Perform from Outperform at Oppenheimer

Coverage Initiated:

  • Changyou.com (NASDAQ:CYOU) initiated with an Overweight at Piper Jaffray ; price target set at $44
  • NJ Resources (NYSE:NJR) initiated with a Buy at Janney Mntgmy Scott
  • First Solar (NASDAQ:FSLR) initiated with a Sector Perform at RBC Capital ; price target $150
  • Covidien (NYSE:COV) initiated with an Outperform at Wells Fargo
  • South Jersey Inds (NYSE:SJI) initiated a Buy at Janney Mntgmy Scott
  • Tower Bancorp, Inc. (NASDAQ:TOBC) initiated with a Market Perform at Keefe Bruyette
  • Dexcom (NASDAQ:DXCM) initiated with a Hold at Soleil ; price target set at $8
  • Quanta Services (NYSE:PWR) initiated with an Outperform at RBC Capital ; price target set at $30
  • Orion Energy Systems (NASDAQ:OESX) initiated with a Buy at Roth Capital ; price target set at $5
  • Insulet (NASDAQ:PODD) initiated with a Buy at Soleil ; price target set at $14
  • Sterne Agee initiates Tyco (NYSE:TYC) with a Buy and a price target of $40
  • Noble Corp (NYSE:NE) initiated with a Perform at Oppenheimer
  • Pride Intl (NYSE:PDE) initiated with an Outperform at Oppenheimer ; price target set at $38
  • Echelon (NASDAQ:ELON) initiated with an Outperform at Wedbush Morgan ; price target set at $15
  • Transocean (NYSE:RIG) initiated with a Perform at Oppenheimer
  • Regency Centers (NYSE:REG) initiated with an Outperform at RBC ; price target $38
  • URS (NYSE:URS) initiated with a Neutral and a price target of $48 at Sterne Agee
  • Las Vegas Sands (NYSE:LVS) initiated with a Sell and $13 price target at Citigroup
  • Diamond Offshore (NYSE:DO) initiated with an Outperform at Oppenheimer ; price target set at $120
  • Ensco (NYSE:ESV) initiated with a Perform at Oppenheimer
  • Pfizer (NYSE:PFE) started with an Overweight and a $19 price target at Morgan Stanley
  • Atwood Oceanics (NYSE:ATW) initiated with an Outperform at Oppenheimer ; price target set at $41
  • Dyax (NASDAQ:DYAX) initiated with a Buy at ThinkEquity ; price target set at $6.00

Leave a Reply