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Upgrades and Downgrades This Morning

Tue Sep 6, 2011 9:07am EST Comments Off on Upgrades and Downgrades This Morning

Upgrades

AAPL – Apple target raised to $545 at Canaccord Genuity

UBS – UBS AG added to Focus List at JP Morgan

CIT – CIT Group upgraded to Overweight from Equal-Weight at Evercore Partners

CS – Credit Suisse upgraded to Outperform from Market Perform at Keefe Bruyette

AMID – American Midstream Partners initiated with a Buy at Citigroup

SODA – SodaStream upgraded to Overweight from Neutral at JP Morgan

APC – Anadarko Petro upgraded to Focus Stock from Outperform at Howard Weil

TEA – Teavana initiated with an Outperform at William Blair

GPRO – Gen-Probe upgraded to Buy at Canaccord Genuity

X – U.S. Steel upgraded to Buy from Hold at Citigroup

MDVN – Medivation upgraded to Outperform from Market Perform at Leerink Swann

DV – DeVry upgraded to Buy from Hold at Deutsche Bank

 

Downgrades

TZOO – Travelzoo ests and target lowered to $72 at Wedbush

WFC – Wells Fargo downgraded to Market Perform from Outperform at Keefe Bruyette

SUN – Sunoco reinstated with an Underperform at BofA/Merrill

MCD – McDonald’s removed from Key Calls List at UBS

BBY – Best Buy downgraded to Neutral from Overweight at Piper Jaffray

LDK – LDK Solar downgraded to Sell at Argus

IR – Ingersoll-Rand upgraded to Buy from Neutral at UBS

PEG – Public Service downgraded to Neutral from Outperform at Macquarie

HOG – Harley-Davidson removed from Short-Term Buy list at UBS

CBSH – Commerce Public Service downgraded to Neutral from Outperform at Macquarie

BBY – Best Buy downgraded to Neutral from Overweight at Piper Jaffray

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Gapping Up and Down This Morning

Tue Sep 6, 2011 8:45am EST Comments Off on Gapping Up and Down This Morning

Gapping up

TTM +3.1%, Fear, IBN +1.4%, Anxiety, GDX +0.9%,

Gapping down

MT -4.7%, HBC -3.6%, NOK -3.5%, NVS -3.5%, BAC -3.4%, TOT -3%, CS -11%, BBVA -2.8%, SAP -2.6%, RIO -2.5%, BHP -2.4%, BBL -2.1%, BP -1.5%, UBS -8.7%, LOGI -8.2%, RBS -7.6%, DB -6.3%, ALU -6%, ABB -5.8%, ALV -5.6%, MRVL -5.4%, STD -5.1%, BCS -4.7%,

 

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FLASH: HURRICANE KATIA UPGRADED TO “STRONG BITCH” CATEGORY 4

Mon Sep 5, 2011 11:12pm EST Comments Off on FLASH: HURRICANE KATIA UPGRADED TO “STRONG BITCH” CATEGORY 4

MIAMI (AP) — Hurricane Katia has roared to a monstrous Category 4 storm as it moves across the Atlantic Ocean.

On Monday night, Katia’s maximum sustained winds had increased to 135 mph (215 kph). Some strength fluctuations are expected before the storm slowly weakens.

Hurricane specialist Todd Kimberlain says it’s looking less likely that Katia will hit land but that wind from the storm could still affect the U.S. East Coast as it moves north. Forecast maps show it veering to the northeast, away from the U.S. in the coming week.

Katia is centered about 450 miles (725 kilometers) south of Bermuda and is moving northwest near 10 mph (17 kph).

READ MORE HERE AT AP

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