This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple: Analysts' Upgrades, Downgrades

Editor's Note: Green and red arrows refer to intraday stock price movement.

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Apple (AAPL - Get Report) was initiated with an Outperform rating and $410 price target at Robert Baird. Company should continue to gain market share.

Arch Capital (ACGL - Get Report) was downgraded from Buy to Neutral at UBS. Valuation call, based on a $96 price target.

Altera (ALTR - Get Report) was downgraded from Buy to Neutral at Ticonderoga Securities. Stock is already pricing in recent market share gains.

Alexion (ALXN - Get Report) was started with a Buy rating at Goldman Sachs. $81 price target. Company was also added to the Conviction List, based on the growth potential of Soliris.

Amgen (AMGN - Get Report) was started with a Sell rating at Goldman Sachs. $50 price target. Denosumab will carry high prices but offer relatively little benefit.

Amgen was downgraded from Outperform to Market Perform at Leerink Swann. Investors should exercise more caution ahead of the company's upcoming binary events.

Ameristar Casinos (ASCA) was upgraded to Neutral at Merriman, Curhan Ford. Company should benefit from improving capital markets.

Biogen Idec (BIIB - Get Report) was initiated with a Sell rating at Goldman Sachs. $50 price target. Company faces increased competition in the MS market.

Career Education (CECO) was downgraded from Outperform to Sector Perform at RBC Capital. $18 price target. Company is seeing lower new student growth.

Chesapeake Energy (CHK) was downgraded from Outperform to Sector Perform at RBC Capital. $30 price target. Company continues to spend.

Covance (CVD) was downgraded from Buy to Hold at Jefferies. Company is running out of room to cut costs. $45 price target.

CommVault Systems (CVLT) was downgraded to Market Perform from Market Outperform at JPM Securities. Maintain $25 price target.

Discovery Communications (DISCA) was downgraded from Outperform to Market Perform at Barrington Research. Valuation call.

EOG Resources (EOG) was upgraded from Sell to Neutral at MKM Partners. $88 price target. Stock appears attractively valued, following the recent pullback.

Fresh Del Monte (FDP) was downgraded from Buy to Hold at Jefferies. $23 price target. Banana market has deteriorated.

Fortinet (FTNT) was downgraded from Overweight to Equal-Weight at Morgan Stanley. Valuation call.

Jones Lang Lasalle (JLL) was upgraded from Neutral to Buy at Goldman Sachs. Stock is attractively valued, following a post-earnings pullback. $88 price target.

Nordson (NDSN) was downgraded to Market Perform from Outperform at BMO Capital Markets. Tougher comps coming, BMO Capital Markets said. Maintain $85 price target.

Marathon Oil (MRO) estimates changed at Barclays. 2010 EPS estimate increased to $3.40, 2011 trimmed to $3.90. Disappointing Droshky performance, Barclays said. Maintain Equal Weight rating and $36 price target.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ASCA $0.00 0.00%
AAPL $132.54 0.88%
ACGL $64.45 -0.79%
ALTR $47.39 0.74%
AMGN $163.58 -0.16%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs