Wednesday's Analysts' Upgrades and Downgrades
STX numbers lowered at UBS. Price target drops to $23 from $26, and 2007 EPS estimate lowered to $1.40 from $1.66. Reiterates Neutral rating.
Credit Suisse said it is lowering its 2007 EPS estimates on STX to $1.90 from $2.29 following difficult third-quarter results, which included weaker gross margins. Lowered target price to $28 from $35. Goldman is cutting its target on Yahoo!(YHOO Quote) to $34 from $35 after company reported disappointing top-line growth on decelerating branded advertising. Year-over-year revenue growth of 9% was significantly below hopes for midteens results. Maintained Neutral rating on belief that risk/reward remains unfavorable. YHOO numbers lowered at Jefferies. Price target drops to $36 from $38, and 2007 EPS estimate lowered to $0.51 from $0.55. Reiterates Buy rating.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,197.47 | 1,087.24 | 2,149.02 | 34.46 |
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SPDR Gold
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