Analyst upgrades, downgrades and initiations: YUM, CVC, IPI, CMG, WYNN - Eric Buscemi

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Analyst upgrades, downgrades and initiations: YUM, CVC, IPI, CMG, WYNN
Apr 15, 2009 04:23 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
TEG	n/a
IPI	n/a
CVC	n/a
EMC	n/a
YUM	n/a
DPS	n/a
CMG	n/a
IBM	n/a
HPQ	n/a
NTAP	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Chipotle Mexican Grill'A' (CMG), Yum Brands (YUM), Analyst initiations

Analyst upgrades:

Merriman upgraded NetApp (NASDAQ:NTAP) to Buy from Neutral after channel checks indicated the storage market is bottoming out in Q1. The firm thinks NTAP is well positioned heading into FY10 and could be an attractive takeout target for the likes of Hewlett-Packard (NYSE:HPQ), IBM (NYSE:IBM), or EMC (NYSE:EMC).

Goldman added Dr. Pepper Snapple (DPS) to its Conviction Buy list citing valuation and favorable U.S. soda trends. The firm has a $23 target on shares.

Baird said Inegrys Energy's (NYSE:TEG) decision to wind down or exit its profitable non-regulated energy marketing business lowers business risk and improves financial flexibility. The firm upgraded shares to Outperform from Neutral.

Yum! Brands (NYSE:YUM) was raised to Overweight from Neutral at JP Morgan.

International Paper (NYSE:IPI) was upgraded at Deutsche Bank to Buy from Hold.

Cablevision (NYSE:CVC) was lifted to Equal Weight from Underweight at Morgan Stanley.

Continue reading Analyst upgrades, downgrades and initiations: YUM, CVC, IPI, CMG, WYNN

Analyst upgrades, downgrades and initiations: YUM, CVC, IPI, CMG, WYNN originally appeared on BloggingStocks on Wed, 15 Apr 2009 11:23:00 EST. Please see our terms for use of feeds.

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