Credit Suisse Updates 7/15/11
Credit Suisse made a number of updates in a research report published today.
Freeport-McMoRan Copper & Gold (NYSE: FCX) had its rating assumed with an Outperform rating and a price target of $75. On Thursday, FCX lost 1.17% of its value to end the day at $54.25. Its shares continued to slide in today's pre-market trading, falling 1.38% to $53.50.
Newmont Mining (NYSE: NEM) had its coverage assumed with a Neutral rating and a price target of $65. On Thursday, NEM lost 0.04% of its value to finish the day at $56.75. Its share continued to shed value in today's pre-market trading, falling 0.25% to trade around $56.61. Alcoa Inc. (NYSE: AA) had its Coverage assumed with an Outperform rating and a price target of $20. On Thursday, Alcoa lost 2.46% of its value to finish the day at $15.46. Its shares recovered some of yesterday's losses in today's pre-market trading, rising 0.39% to $15.52.
Peabody Energy Corp (NYSE: BTU) had its Coverage assumed with an Outperform rating and a price target of $80. On Thursday, BTU lost 1.24% of its value to finish the day at $58.04. Its shares made small gains in today's pre-market trading, rising 0.03% to $58.06.
Nucor (NYSE: NUE) had its Coverage assumed with an Outperform rating and a price target of $49. On Thursday, NUE lost 1.48% of its value to end the day at $39.23.
CONSOL Energy Inc. (NYSE: CNX) had its Coverage assumed with an Outperform rating and a price target of $62. On Thursday, CNX added 4.43% to its value to finish the day at $50.89. Its shares continued to climb in today's pre-market trading, rising 0.04% to $50.91.
Alpha Natural Resources (NYSE: ANR) had its Coverage assumed with a Neutral rating and a price target of $53. On Thursday, ANR lost 1.62% of its value to end the day at $44.27. Its shares recovered some of yesterday's losses in today's pre-market trading, rising 0.14% to $44.33.
United States Steel Group (NYSE: X) had its Coverage assumed with a Neutral rating and a price target of $45. On Thursday, X lost 2.95% of its value to finish the day at $42.78. Its shares made a small recovery in today's pre-market trading, rising 0.05% to $42.80.
Arch Coal Inc. (NYSE: ACI) had its Coverage assumed with a Neutral rating and a price target of $30. On Thursday, ACI lost 1.73% of its value to close the day at $25.55.
AK Steel Holding Corp. (NYSE: AKS) had its Coverage assumed with a Neutral rating and a price target of $18. On Thursday, AKS lost 3.31% of its value to finish the day at $15.19. Its shares recovered some ground in today's pre-market trading, rising 0.39% to $15.25.
Century Aluminum Company (NASDAQ: CENX) had its Coverage assumed with an Outperform rating and a price target of $18. On Thursday, CENX lost 7.06% of its value to end the day at $13.70. Its shares recovered some of yesterday's losses in today's pre-market trading, rising 0.44% to $13.76.
Cloud Peak Energy (NYSE: CLD) had its Coverage assumed with an Outperform rating and a price target of $26. On Thursday, CLD lost 3.87% of its value to close the day at $20.88.
Noranda Aluminum Holding Corp. (NYSE: NOR) had its Coverage assumed with an Outperform rating and a price target of $18. On Thursday, NOR lost 5.12% of its value to end the day at $13.70.
Google Inc. (NASDAQ: GOOG) had its rating reiterated at Outperform. On Thursday, GOOG lost 1.73% of its value to finish the day at $528.94. Its shares made a strong recovery in today's pre-market trading, rising 12.71% to $596.15.
MetLife Inc. (NYSE: MET) had its rating reiterated at Outperform. On Thursday, MET lost 0.12% of its value to end the day at $41.79.
Yum! Brands Inc. (NYSE: YUM) had its rating reiterated at Outperform. At the same time, its price target has been raised from $61 to $62. On Thursday, YUM added 1.42% to its value to close the day at $56.37.
Marriott International (NYSE: MAR) had its rating reiterated at Outperform. At the same time, its price target has been reduced from $47 to $45. On Thursday, MAR lost 6.6% of its value to end the day at $34.69. Its shares made further losses in today's pre-market trading, falling 0.2% to $34.62.
JB Hunt Transport Services (NASDAQ: JBHT) had its rating reiterated at Neutral. At the same time, its price target was raised from $44 to $51. On Thursday, JBHT lost 0.54% of its value to close the day at $47.71.
VeriSign Inc. (NASDAQ: VRSN) had its rating reiterated at Outperform. On Thursday, VRSN lost 1.83% of its value to end the day at $32.79. Its shares regained all of yesterday's losses in today's pre-market trading, rising 2.65% to $33.66.
