Other Key Analyst Calls on Tuesday
Brandywine Realty Trust (NYSE: BDN) was raised to Outperform with a valuation target range of $15.00 to $16.00 at Wells Fargo, and the firm called it too cheap to ignore anymore.
Consolidated Edison Inc. (NYSE: ED) was downgraded to Underweight from Equal Weight at Morgan Stanley. This was recently featured in our safest high-yield dividends.
Cabot Oil & Gas Corp. (NYSE: COG) was raised to Outperform from Market Perform with a $37 price target (versus a $30.82 close) at Bernstein.
General Motors Co. (NYSE: GM) was started as Neutral at Susquehanna.
Inland Real Estate Corp. (NYSE: IRC) was downgraded to Underperform from Neutral on valuation and its price objective was maintained at $10.25 by Bank of America Merrill Lynch.
NetEase.com Inc. (NASDAQ: NTES) was raised to Outperform from Neutral at Credit Suisse.
Post Holdings Inc. (NYSE: POST) was raised to Buy from Neutral and the price target was raised to $44 from $42 (versus a $34.87 close) at Goldman Sachs.
RealNetworks Inc. (NASDAQ: RNWK) was started as Buy with a $12.50 price target (versus a $6.23 close) at B. Riley, a call that is effectively one that is expected to double.
Retail Opportunity Investments Corp. (NASDAQ: ROIC) was started as Market Perform at Wells Fargo. The firm said it likes its market focus and management but wants a cheaper entry point.
Shire PLC (NASDAQ: SHPG) was started as Buy at Deutsche Bank, despite its merger officially being dead.
Textron Inc. (NYSE: TXT) was started with an Outperform rating and given a $43-45 valuation range at Wells Fargo, based on 17 times 2015 expected earnings.
TripAdvisor Inc. (NASDAQ: TRIP) was started with an Outperform rating and $99 price target at Oppenheimer, versus its $83.54 close.
In case you missed this Monday’s top analyst upgrades and downgrades, they were in AIG, Align Technology, Cliffs Natural Resources, Cyber-Ark Software, MannKind, Micron Technology and a half dozen others.