CHANGE IN RATINGS
Allegheny Energy (AYE Quote) upgraded at Barclays from Equal-weight to Overweight. $40 price target. Company should benefit from the upcoming Pennsylvania price power auction. Chipotle (CMG Quote) downgraded at Jefferies from Hold to Underperform. $62 price target. Stock looks expensive, as it could take longer for traffic to recover in the current economic environment.
STOCK COMMENTS / EPS CHANGES
Avery Dennison (AVY Quote) numbers cut at Barclays to $27. Estimates also lowered, because of pricing and weaker cyclical demand. Equal-weight rating. CSX (CSX Quote) estimates increased at Merrill/BofA through 2010. Company realizing higher yields and margin. Buy rating and $34 price target.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,366.15 | 1,099.92 | 2,173.14 | 33.80 |
Oil *
77.73
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DOWN
86.53
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DOWN
9.32
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DOWN
11.89
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UP
0.57
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10 Yr
3.38%
SPDR Gold
118.70
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-0.83%
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-0.84%
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-0.54%
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+1.72%
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