Analysts' Upgrades, Downgrades: Deere

See who made what calls.

Author:: TSC Staff
Publish date:: Nov 28, 2008 8:44 AM EST

Change in Ratings

Credit Suisse said it is downgrading

China Unicom

(CHU) - Get Report

to underperform from neutral.

UBS said it is upgrading

Banco Santander

(STD)

to neutral from sell based on valuation. Believe current levels fully reflect macroeconomic challenges. Estimate core tier 1 will be 7.1% at year-end, based on capital raising and recent acquisitions.

UBS said it is upgrading

Tenet Healthcare

(THC) - Get Report

to neutral from sell based on valuation. See lack of near-term downside catalysts and note that shares are trading around 15% of enterprise value. 2009 outlook is heavily dependent on uninsured/bad debt and healthcare reform. Price target cut to $1.40 from $2.00.

Stock Comments/EPS Changes

Goldman said it is lowering its target on

Deere

(DE) - Get Report

to $41 from $46 based on disappointing fourth-quarter results. Expect increasing foreign exchange headwinds and lower earnings as farmers scale back capital expenditures. Maintained neutral rating.

This article was written by a staff member of TheStreet.com.