Analyst calls: GS, ITG, HOKU, CME, QSII, TUP, ABFS, PSE, RAX - Laurie Pasternack

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Analyst calls: GS, ITG, HOKU, CME, QSII, TUP, ABFS, PSE, RAX
Sep 17, 2008 04:27 PM UTC

Laurie Pasternack

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Symbol	Sentiment	Start	Return	Closed
GS	n/a
ESLR	n/a
ACLS	n/a
TRV	n/a
ACE	n/a
HOKU	n/a
ITG	n/a
SNE	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Sony Corp ADR (SNE), Goldman Sachs Group (GS), Analyst initiations

Analyst upgrades:

Wachovia upgraded shares of The Goldman Sachs Group Inc (NYSE: GS) to Outperform from Market Perform on expectations for greater pricing power given Goldman's position as the largest remaining independent <st1:place w:st="on"></st1:place> securities firm.

Keefe Bruyette upgraded Investment Technology Group Inc (NYSE: ITG) to Outperform from Market Perform as they believe the company will take market share with the reshaping of the large wire-house brokerage community. The company's target was raised to $37 from $33.

Broadpoint raised Hoku Scientific Inc (NASDAQ: HOKU) to Buy from Neutral as they believe the contract with Tianwei New Energy reduces financing risk.

ACE Ltd (NYSE: ACE) and The Travelers Companies Inc (NYSE: TRV) were upgraded to Buy from Neutral at Goldman.

Axcelis Technologies Inc (NASDAQ: ACLS) was upgraded to Buy from Hold and Evergreen Solar Inc (NASDAQ: ESLR) was lifted to Hold from Sell at Citigroup.

Analyst downgrades:

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