Analyst upgrades, downgrades and initiations: AKAM, MRVL, THRX, DELL, CRNT, TRV, AEIS ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: AKAM, MRVL, THRX, DELL, CRNT, TRV, AEIS ...
Feb 05, 2009 04:45 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
SGMO	n/a
AEZS	n/a
DELL	n/a
THRX	n/a
AKAM	n/a
MRVL	n/a
AJG	n/a
GSK	n/a
CB	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Dell (DELL), Chubb Corp (CB), Analyst initiations, Akamai Technologies (AKAM), Marvell Technology Group (MRVL)

Analyst upgrades:

Citigroup upgraded shares of Akamai (NASDAQ: AKAM) to Buy from Hold following the company's Q4 results as they believe fundamentals are stabilizing. The firm raised their target price to $22 from $12.

Baird upgraded Theravance (NASDAQ: THRX) to Outperform from Neutral. The firm said the company looks poised to realize the two-product success necessary to drive profitability, and Horizon will likely play a role in succeeding $7B+ Advair. Note that last night Theravance/Glaxo (GSK) reported positive results for Horizon.

RBC Capital said Aeterna Zentaris (NASDAQ: AEZS) is on the cusp of a Cetrorelix deal and has turned more positive on shares. Shares were upgraded to Outperform from Sector Perform.

Marvell Tech (NASDAQ: MRVL) was upgraded to Buy from Neutral at Goldman and added to the firm's Conviction Buy List.

Sangamo BioSciences (NASDAQ: SGMO) was raised to Buy from Neutral at Merriman.

Arthur J. Gallagher (NYSE: AJG) was upgraded at Piper Jaffray to Buy from Neutral.

Continue reading Analyst upgrades, downgrades and initiations: AKAM, MRVL, THRX, DELL, CRNT, TRV, AEIS ...

Analyst upgrades, downgrades and initiations: AKAM, MRVL, THRX, DELL, CRNT, TRV, AEIS ... originally appeared on BloggingStocks on Thu, 05 Feb 2009 11:45:00 EST. Please see our terms for use of feeds.

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