Top Analyst Upgrades and Downgrades (ARO, MO, ADM, ATML, CL, CVRR, DNDN, IGT, IP, NKE, LULU, LOW, LSI, OKS, SNDK, TEF, TPH, YUM, CQP, LNG)
February 26, 2013 by Jon C. Ogg
Aeropostale Inc. (NYSE: ARO) named Bear of the Day as expensive even after shares are down 50% from last year at Zacks.
Altria Group Inc. (NYSE: MO) cut to Neutral at BofA/Merrill Lynch.
Archer Daniels Midland Co. (NYSE: ADM) cut to Market Perform at BMO.
Atmel Corp. (NASDAQ: ATML) cut to Market Perform at FBR.
Colgate-Palmolive Co. (NYSE: CL) cut to Neutral at BofA Merrill Lynch.
CVR Refining L.P. (NYSE: CVRR) started as Neutral at Credit Suisse, started as Buy at UBS, started as Neutral at Citigroup and started as Equal Weight at Barclays.
Dendreon Corp. (NASDAQ: DNDN) maintained Neutral but raised price target to $6 from $4 at Credit Suisse.
International Gaming (NYSE: IGT) named Bull of the Day at Zacks.
International Paper Co. (NYSE: IP) started as Buy at Jefferies.
Lowe’s Companies Inc. (NYSE: LOW) maintained Buy with $44 price target at Argus.
LSI Corp. (NASDAQ: LSI) cut to Market Perform at FBR.
Lululemon Athletica Inc. (NASDAQ: LULU) started as Outperform at Cowen.
Nike Inc. (NYSE: NKE) started as Outperform at Cowen.
ONEOK Partners L.P. (NYSE: OKS) cut to Neutral at Credit Suisse.
SanDisk Corp. (NASDAQ: SNDK) raised to Outperform at RBC.
Telefonica S.A. (NYSE: TEF) raised to Market Perform at Bernstein.
TRI Pointe Homes Inc. (NYSE: TPH) was started yesterday by others but was initiated as Buy at Citigroup.
YUM! Brands Inc. (NYSE: YUM) reiterated Hold but lowered 2013 earnings estimates by 15% at Argus.
Credit Suisse on the Cheniere plays: Cheniere Energy Partners L.P. (NYSEMKT: CQP) maintained Outperform but raised target to $29 from $25; Cheniere Energy Inc. (NYSEMKT: LNG) reiterated Outperform and raised target to $33 from $25 with long-term value possibly $48 if all plans come to fruition.
BofA/Merrill Lynch has resumed coverage of the public exchanges in a post-NYSE world (full summary).
Read also: The Seven Safest Banks in America for 2013
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.