Change in Ratings
Amedisys (AMED) downgraded at Deutsche Bank from Buy to Hold. $53 price target. Company could face more debt writeoffs than its peers. Estimates also cut through 2010.
AptarGroup (ATR) upgraded at Merrill from Neutral to Buy. $36 price target. Company has strong secular growth prospects, even though 2009 will be a difficult year.
Bemis (BMS) upgraded at Merrill from Neutral to Buy. $27 price target. Company generates more than half of its sales from food producers, and delivers steady cash flow.Diana Shipping (DSX) upgraded at J.P. Morgan to Overweight from Neutral based on balance sheet strength and limited capital commitments. Gymboree (GYMB) upgraded at J.P. Morgan to Overweight from Neutral. Valuation implies an unlikely dire earnings scenario in 2009. Price target at $23. Coca-Cola FEMSA (KOF) upgraded at Credit Suisse to Outperform from Neutral based on valuation and defensive growth profile. Maintained $50 target price.
Stock Comments/EPS ChangesGap (GPS) target cut at Credit Suisse to $10 from $17 based on further margin pressure and valuation. Maintained Neutral rating. SAP (SAP) price target slashed at Goldman Sachs to $34 from $43 based on lower expectations for the normally robust fourth quarter. Maintained Neutral rating. Textron (TXT) target lowered at Credit Suisse to $18 from $25 based on slower growth in business and general aviation sector. Maintained Neutral rating. United Technologies (UTX) target cut at Credit Suisse to $51 from $63. Expects business and general aviation market to decline 8%-12% in FY 2009. Maintained Outperform rating.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV