<< Read Full Article

Analysts' Upgrades, Downgrades: Nordstrom

Stock quotes in this article: TWX , RHT , NWSA , CCE , JWN , SNDK , PETM  

CHANGE IN RATINGS

Aflac (AFL Quote) downgraded at Morgan Stanley to Equal-weight. Valuation call. Even so, sales have held up better than expected, and the company will likely not have to raise capital or lower its dividend.

CBS (CBS Quote) upgraded at Barclays from Underweight to Equal-weight. $9 price target. Company is the best positioned to benefit from an eventual recovery in advertising.

Coca-Cola Enterprises (CCE Quote) downgraded at JPMorgan to Neutral from Overweight based on valuation and limited upside. Believe investors are anticipating improving fundamentals throughout 2009, leaving less room for multiple expansion despite potential earnings upside. Price target at $17.

FirstEnergy (FE Quote) downgraded at Barclays from Overweight to Equal-weight. $44 price target. Estimates also cut, to reflect lower prices at a recent Ohio power auction. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,471.50 1,106.41 2,190.31 35.40
Oil *
71.77
UP
65.67
UP
4.06
DOWN
0.55
UP
0.58
10 Yr
3.54%
SPDR Gold
109.32
+0.63%
+0.37%
-0.03%
+1.67%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services