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Friday's Analysts' Upgrades and Downgrades

 

CHANGE IN RATINGS

Allied Capital (ALD Quote) initiated at Morgan Stanley: Morgan Stanley initiates Allied Capital with an overweight rating and a $39 price target.

Avery Dennison (AVY Quote) downgraded at JP Morgan: AVY was downgraded from Overweight to Neutral at JP Morgan. Stock also cut from the focus list, as the stock now looks fully valued.

Ciena (CIEN Quote) upgraded at Deutsche: CIEN was upgraded from Hold to Buy at Deutsche Bank. $36 price target. Stock offers best upside potential in the group. Deal exposure helps to offset consolidation among customers.

DRS Technologies (DRS Quote) upgraded at Morgan Stanley: Morgan Stanley upgrades DRS Technologies to equalweight from underweight and gives the company a $55 price target. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
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Oil *
77.12
DOWN
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DOWN
19.14
DOWN
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10 Yr
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