Analysts' Upgrades, Downgrades: Sirius

Change in Ratings

Altera(ALTR Quote - Cramer on ALTR - Stock Picks) downgraded at Jefferies to underperform from hold. Price target lowered to $17 from $19. Maintains 2008 EPS estimates of $1.07.

Ansys(ANSS Quote - Cramer on ANSS - Stock Picks) downgraded at Jefferies from hold to buy. 2008 EPS estimates raised to $1.60 from $1.57. Maintains $48 price target.

Comerica(CMA Quote - Cramer on CMA - Stock Picks) upgraded at Keefe, Bruyette and Woods to outperform with a $32 price target. NPL's and NCO's are expected to continue to rise and the conservative credit culture and strong capital will sustain the company's dividend.

Cintas(CTAS Quote - Cramer on CTAS - Stock Picks) upgraded at Citigroup to hold from sell with a $27.50 price target. After a 20% decline in share value this year the stock is now approaching its fair value. Fourth quarter 2008 EPS lowered to 55 cents from 57 cents and fiscal year 2009-2010 estimates reduced by 5 cents each to reflect the impact of high energy costs, costs of international expansion and a recent faculty fire.

Community Health Systems(CYH Quote - Cramer on CYH - Stock Picks) upgraded at Citigroup to hold from sell with a $33 price target. The stock is trading just below its $33 price target and the risk/reward is now viewed as more limited. It is also believed that CYH will meet second-quarter 2008 estimates.

Fortune Brands(FO Quote - Cramer on FO - Stock Picks) downgraded at Wachovia to market perform. Cost pressures from steel and particle board look to have offset cost saving initiatives deferring these potential benefits

Genzyme(GENZ Quote - Cramer on GENZ - Stock Picks) initiated at UBS with a buy rating and $86 price target. Introduces 2008 EPS estimates of $3.48.

Interpublic Group(IPG Quote - Cramer on IPG - Stock Picks) downgraded at Deutsche to hold with a $10 price target. A slowing ad market could possibly delay the company's ability to get peer-level margins.

Cramer: What Merrill Upgrade Means for XM-SIRI

« Previous Page

1 2 3

Next Page »