iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Upgrades, Downgrades, and On The Wires This Morning

In Play & on the wires

Upgrades

NFLX -Netflix tgt raised to $280 from $240 at Piper Jaffray

AMRS – Amyris upgraded to Outperform from Market Perform at Raymond James

HOG – Harley-Davidson: Effects of tsunami could lead to market share gains for H-D – Wedbush

TXN – Texas Instruments upgraded to Outperform at Pacific Crest

NSTC – Ness Tech: Takeout rumors resurface; stock up on speculation and improving fundamentals – BGB Securities

PNR – Pentair upgraded to Outperform at Wedbush; tgt raised to $47

CBST – Cubist Pharma upgraded to Outperform at Wedbush; tgt raised to $32

OLN – Olin also trading modestly higher with move attributed to tier 1 firm upgrade

MCP – Molycorp: A Small acquisition that should produce large returns – Dahlman Rose

CME – CME Group: March ADV trends continue y/y improvement; estimates raised – Stifel Nicolaus

CSTR – Coinstar upgraded to Outperform from Market Perform at Northland Securities; tgt $56 saying redbox 1Q performance is tracking ahead of numbers

ZION – Zions Bancorp upgraded to Buy from Neutral at Suntrust

FWRD – Forward Air upgraded to Buy from Neutral at Suntrust

COF – Capital One ests and target raised to $64 at Stifel Nicolaus

GEOY – GeoEye initiated with Outperform at Raymond James

JPM – JPMorgan Chase and Wells Fargo (WFC) initiated with Outperforms at Macquarie

BP – BP target ests and raised to $70 at The Benchmark Company

HCA – HCA initiated with a Buy at UBS; tgt $40

C – Citigroup upgraded to Outperform from Market Perform at Bernstein

CTRP – Ctrip.com upgraded to Positive from Neutral at Susquehanna

Downgrades

AXP – American Express: Less credit leverage with more interchange risk – Stifel

CREE – Hearing downgraded at tier 1 firm

MAR – Marriott downgraded to Hold at Argus

CLR, WLL, GEOI – Global Hunter downgrades all

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