Top Analyst Upgrades and Downgrades: Amarin, Boeing, Cisco, KKR, NetApp, Twitter and More
May 12, 2014 by Jon C. Ogg
Aircastle Ltd. (NYSE: AYR) was raised to Outperform from Market Perform at Cowen and Co.
Amarin Corp. (NASDAQ: AMRN) was downgraded to Neutral from Buy at Citigroup.
Barclays PLC (NYSE: BCS) was downgraded to Neutral from Outperform by BNP Paribas. RBC Capital Markets also downgraded the British bank to Sector Perform from Outperform.
Boeing Co. (NYSE: BA) was reiterated as Buy with a $164 price target at Sterne Agee, ahead of next week’s investor day.
Boulder Brands Inc. (NASDAQ: BDBD) was raised to Buy from Neutral and the price target was raised to $23 from $15 by SunTrust Robinson Humphrey.
READ MORE: Ten Analyst Stocks Trading Under $10 With Big Upside
Carlyle Group L.P. (NASDAQ: CG) was downgraded to Neutral from Buy at Goldman Sachs.
Cardiovascular Systems Inc. (NASDAQ: CSII) was started with a Buy rating and a $38 price target at Bank of America Merrill Lynch.
Cisco Systems Inc. (NASDAQ: CSCO) was maintained as Underperform with a $20 price target at Credit Suisse, ahead of this week’s earnings report.
Dick’s Sporting Goods Inc. (NYSE: DKS) was started as Outperform with a $65 price target by Credit Suisse.
Forest Oil Corp. (NYSE: FST) was raised to Neutral from Underperform at Macquarie.
READ MORE: America’s Ten Most Unusual Public Companies
Iridium Communications Inc. (NASDAQ: IRDM) was raised to Outperform from Neutral at Macquarie.
Kohlberg Kravis Roberts & Co. (NYSE: KKR) was started as Buy with a $28 price target at Goldman Sachs.
Logitech International S.A. (NASDAQ: LOGI) was raised to Outperform from Neutral at Credit Suisse.
M&T Bank Corp. (NYSE: MTB) was raised to Buy from Neutral with a $145 price target at Goldman Sachs.
NetApp Inc. (NASDAQ: NTAP) was downgraded to Market Perform from Outperform at Raymond James.
Peabody Energy Corp. (NYSE: BTU) was raised to Overweight from Equal Weight by Morgan Stanley, a rare upgrade considering this is a coal stock.
Ralph Lauren Corp. (NYSE: RL) was downgraded to Neutral from Outperform at Credit Suisse.
Twitter Inc. (NYSE: TWTR) was raised to Buy from Neutral with a $45 price target at SunTrust Robinson Humphrey. Over the weekend, we also pointed out last week’s two upgrades to Neutral and showed why Twitter may have found a near-term bottom.
READ MORE: Baird’s Best Technology Growth Stocks to Buy Now
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.