Company News for September 20, 2010 - Corporate Summary
• Safran agreed to acquire L-1 Identity (NYSE: ID) for $1.6 billion cash, or $12 per share
• General Growth Properties (NYSE: GGP) paid $230 million to Howard Hughes heirs to settle a dispute
• Goldman Sachs (NYSE: GS) upgraded Freeport-McMoRan (NYSE: FCX) to "buy" from "neutral," taking the price target from $79 to $94.
• Goldman Sachs (NYSE: GS) downgraded US Steel (NYSE: X) and Nucor (NYSE: NUE) from "buy" to "neutral," dropping the price targets on US Steel from $51 to $45, and on Nucor from $45 to $40
• Societe Generale upgraded Research in Motion (NASDAQ: RIMM) from "sell" to "buy," taking the price target from $51 to $57
• Deutsche Bank (NYSE: DB) downgraded Lubrizol (NYSE: LZ) to "hold" from "buy," with a price target of $110
• Goldman Sachs (NYSE: GS) upgraded Gap (NYSE: GPS) from "sell" to "neutral," with a price target set at $17
• Oppenheimer (NYSE: OPY) upgraded Best Buy (NYSE: BBY) from "perform" to "outperform," taking the price target from $38 to $45
• Wells Fargo (NYSE: WFC) upgraded CarMax (NYSE: KMX) to "outperform," with the price target raised from $24-$26 to $28-$29
• Goldman Sachs (NYSE: GS) upgraded Garmin (NASDAQ: GRMN) from "sell" to "neutral" lifting the price target from $28 to $29
BEST BUY (BBY): Free Stock Analysis Report
DEUTSCHE BK AG (DB): Free Stock Analysis Report
FREEPT MC COP-B (FCX): Free Stock Analysis Report
GENL GRWTH PPTY (GGP): Free Stock Analysis Report
GAP INC (GPS): Free Stock Analysis Report
GOLDMAN SACHS (GS): Free Stock Analysis Report
GOLDMAN SACHS (GS): Free Stock Analysis Report
GOLDMAN SACHS (GS): Free Stock Analysis Report
L-1 IDENTITY SO (ID): Free Stock Analysis Report
LUBRIZOL CORP (LZ): Free Stock Analysis Report
NUCOR CORP (NUE): Free Stock Analysis Report
RESEARCH IN MOT (RIMM): Free Stock Analysis Report
UTD STATES STL (X): Free Stock Analysis Report
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