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Analysts' Upgrades, Downgrades: Wyeth

Stock quotes in this article: WYE , GOOG , DRYS , BBBY , PBR , LVS , TYC  

Change in Ratings

Bed Bath & Beyond (BBBY Quote) upgraded at Goldman Sachs to Buy from Neutral based on valuation and eventual margin rebound as Linens N' Things completes liquidation. Price target reduced to $26 from $31.

Petrobras (PBR Quote) downgraded at Credit Suisse to Neutral from Outperform. Cites concerns over deteriorating cost structure and earnings outlook following the decline in crude. Lowered target to $30 from $48.

Progressive (PGR Quote) upgraded at Citigroup from Sell to Hold. $13.50 price target. Price cuts appear to have run their course, though the company lacks material catalysts. ...

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