Wednesday's Analysts' Upgrades and Downgrades
CHANGE IN RATINGS
Ford Motor (F Quote) upgraded at KeyBanc: Rating on F was boosted from Sell to Hold at KeyBanc. Earnings deterioration should taper in 2007, limiting downside from current levels. Gilead (GILD Quote) coverage reinstated at Goldman Sachs: Goldman is reinstating coverage on GILD with a Buy rating following the company's Myogen acquisition. Believe progress in HIV franchise pipeline will drive shares in 2007. Price target at $78. Hydril Company (HYDL Quote) downgraded at Credit Suisse: Credit Suisse is lowering its rating on HYDL to Underperform from Neutral based on valuation. Raised target price to $82 from $80. Juniper (JNPR Quote) downgraded at CIBC: JNPR was downgraded from Outperform to Sector Perform at CIBC. Upside in the stock is limited, because of the new competition from the ERIC/RBAK combination. Kohl's (KSS Quote) downgraded at Baird: KSS was downgraded from Outperform to Neutral at Robert Baird. $79 price target. Company facing tough comps in 2007, and the stock is already up 63% on the year. NightHawk Radiology (NHWK Quote) upgraded at Morgan Stanley: Morgan Stanley upgrades NightHawk Radiology from equalweight to overweight with a $32 price target. Symantec (SYMC Quote) upgraded at Goldman Sachs: SYMC upgraded to Buy from Neutral at Goldman. Quarterly checks indicate upside available from both consumer business and strong currency tailwinds. Company should also benefit from new product launches in 2007, such as Norton360 and Project Hamlet. Price target at $26.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
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