Tuesday's Analysts' Upgrades and Downgrades

 

ManPower (MAN Quote) upgraded at Morgan Stanley: Morgan Stanley upgrades Manpower to overweight from equalweight, and raises its price target from $65 to $67.

Magna International (MGA Quote) downgraded at UBS: MGA shares downgraded to Neutral from Buy, UBS said. Drops price target to $85.00 from $88.00 and lowers 2007 EPS estimates to $6.41 from $7.00.

Marathon Oil (MRO Quote) downgraded at Deutsche: MRO was downgraded from Buy to Hold, Deutsche Bank said. $96 price target. Stock is more expensive than COP, but shares similar characteristics.

Starbucks (SBUX Quote) upgraded at UBS: UBS upgrades shares of SBUX to a Buy rating from Neutral. Maintains price target at $42.

Sirius Satellite (SIRI Quote) downgraded at Bear: SIRI was downgraded from Outperform to Underperform, Bear Stearns said. Company warned of lower subscriber growth, and the retail environment could remain soft. OEM customers also losing market share to XMSR.

Schlumberger (SLB Quote) downgraded at Wachovia: SLB was downgraded to Market Perform, Wachovia said. Company is trading at a 44% premium to its peers and a 20% premium to its average historical valuation.

Station Casinos (STN Quote) downgraded at Bear: STN was downgraded from Outperform to Peer Perform, Bear Stearns said. Stock is already reflecting an anticipated takeover bid in the mid- to high-$80's.

STOCK COMMENTS / EPS CHANGES

Bank of New York (BK Quote) numbers raised at UBS: UBS raised numbers at BK. Ups 2007 EPS estimates to $2.49 from $2.42 and lifts price target to $44.00 from $38.00. Reiterates Neutral rating.
  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,285.97 1,091.93 2,172.99 33.92
Oil *
75.40
DOWN
104.14
DOWN
11.32
DOWN
16.62
DOWN
0.56
10 Yr
3.39%
SPDR Gold
110.95
-1.00%
-1.03%
-0.76%
-1.62%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services