Market Overview

Equity Brief: Upgrades and Downgrades for September 11th: ABC, AU, BLL, BMS, BMY, BP, BWEN, CASY, CBU, CCMP


A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/arndailyr) and Equity Brief:

Goldman Sachs  downgraded shares of AmerisourceBergen Corp. (NYSE: ABC) from a conviction buy rating to a neutral rating. Their analysts now have a $42.00 price target on the stock, down previously from $45.00.

Credit Suisse  initiated coverage on shares of AngloGold Ashanti (NYSE: AU). They issued an outperform rating on the stock.

Citigroup  initiated coverage on shares of Ball Co. (NYSE: BLL). They issued a buy rating on the stock and set a $51.00 price target.

Citigroup  downgraded shares of Bemis (NYSE: BMS) from a buy rating to a neutral rating. Their analysts now have a $34.00 price target on the stock, down previously from $36.00.

Goldman Sachs  upgraded shares of Bristol Myers Squibb Co. (NYSE: BMY) from a buy rating to a buy rating. Goldman Sachs now has a $40.00 price target on the stock, up previously from $38.00.

Credit Suisse  initiated coverage on shares of Bristol Myers Squibb Co. (NYSE: BMY). They issued a neutral rating on the stock and set a $36.00 price target.

Nomura  reiterated its neutral rating on shares of BP plc (LON: BP). They have a $7.34 price target on the stock.

Raymond James  upgraded shares of Broadwind Energy Inc (NASDAQ: BWEN) from an underperform rating to a market perform rating. Raymond James now has a $2.00 price target on the stock.

Feltl & Co.  raised its price target on shares of Casey's General (NASDAQ: CASY) from $61.00 to $64.60. They have a buy rating on the stock.

RBC Capital  initiated coverage on shares of Community Bank System, Inc. (NYSE: CBU). They issued a sector perform rating on the stock and set a $30.00 price target.

Longbow Research  raised its price target on shares of Cabot Microelectronics Co. (NASDAQ: CCMP) from $40.00 to $45.00. They have a buy rating on the stock.

Jefferies Group  initiated coverage on shares of Clean Energy Fuels Corp. (NASDAQ: CLNE). They issued a hold rating on the stock.

Sanford C. Bernstein  initiated coverage on shares of Cabot Oil & Gas (NYSE: COG). They issued an outperform rating on the stock and set a $50.00 price target.

Brean Murray  downgraded shares of Coach (NYSE: COH) from a buy rating to a hold rating. They noted that the move was a valuation call.

Needham & Company  downgraded shares of Majesco Entertainment Co. (NASDAQ: COOL) from a buy rating to a hold rating. Their analysts now have a $1.75 price target on the stock.

Goldman Sachs  upgraded shares of SXC Health Solutions Corp. (NASDAQ: CTRX) from a buy rating to a buy rating. Goldman Sachs now has a $120.00 price target on the stock.

Stifel Nicolaus  downgraded shares of Coventry Health Care, Inc. (NYSE: CVH) from a buy rating to a hold rating.

Jefferies Group  initiated coverage on shares of Eastman Chemical Co (NYSE: EMN). They issued a hold rating on the stock.

Canaccord Genuity  reiterated its buy rating on shares of Finish Line (NASDAQ: FINL). They have a $28.00 price target on the stock, up previously from $26.00.

Credit Suisse  initiated coverage on shares of Gold Fields (NYSE: GFI). They issued a neutral rating on the stock.

Robert W. Baird  downgraded shares of Complete Genomics (NASDAQ: GNOM) from an outperform rating to a neutral rating. Their analysts now have a $3.00 price target on the stock.

Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at http://bit.ly/arndailyr

Content and Media Contact: newseditor@equitybriefing.com







This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Equity Brief via Thomson Reuters ONE

HUG#1640278

 

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters