Analyst upgrades, downgrades and initiations: AXP, CAT, BMY, GNK, TXCO ... - Eric Buscemi

Sign Up | Log In | What is SocialPicks?

Analyst upgrades, downgrades and initiations: AXP, CAT, BMY, GNK, TXCO ...
Jan 27, 2009 03:55 PM UTC

Eric Buscemi

Return	Risk
+0.00%	N/A

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
BIIB	n/a
CAT	n/a
BMY	n/a
AXP	n/a
SCGLY	n/a
VE	n/a
SUNH	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Caterpillar (CAT), American Express (AXP), Bristol-Myers Squibb (BMY), Analyst initiations

Analyst upgrades:

Societe Generale upgraded shares of Veolia Environment (NYSE: VE) to Buy from Hold as they believe the company's new finance chief implement additional cost savings.

Citigroup upgraded shares of Sun Healthcare (NASDAQ: SUNH) to Buy from Hold and added the stock to their Top Picks Live List as they believe the market is pricing in a more severe Medicaid and Medicare reimbursement outlook than is probable. The firm has a $14 target on the stock.

Calyon believes in 2010, American Express (NYSE: AXP) will have easy comps, reserve releases, and income statement leverage. The firm upgraded shares to Outperform from Underperform.

Societe Generale (OTC: SCGLY) was upgraded to Buy from Hold at Citigroup.

Caterpillar (NYSE: CAT) was raised to neutral from Sell at UBS.

Goldman upgraded Biogen Idec (NASDAQ: BIIB) to Buy from Neutral and added shares to the Conviction Buy List; Goldman also added Bristol-Myers (NYSE: BMY) to the Conviction Buy List.

Continue reading Analyst upgrades, downgrades and initiations: AXP, CAT, BMY, GNK, TXCO ...

Analyst upgrades, downgrades and initiations: AXP, CAT, BMY, GNK, TXCO ... originally appeared on BloggingStocks on Tue, 27 Jan 2009 10:55:00 EST. Please see our terms for use of feeds.

PermalinkÂ |Â Email thisÂ |Â Comments

Read the rest of original post »

Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.