Analyst upgrades, downgrades and initiations: AAPL, BAC, FSLR, MWW ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: AAPL, BAC, FSLR, MWW ...
May 26, 2009 04:20 PM UTC

Eric Buscemi

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Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Apple Inc (AAPL), Bank of America (BAC), Analyst initiations

Analyst upgrades:

Morgan Stanley upgraded shares of Apple (NASDAQ: AAPL) to Overweight from Equal Weight on expectations of continued iPhone growth. The firm raised its target on the stock to $180 from $105.

FBR Capital upgraded Bank of America (NYSE: BAC) to Market Perform from Underperform as it sees limited downside with half of the company's capital plan completed. The firm keeps a $12 target on the stock.

Jefferies upgraded Cash America (NYSE: CSH) to Buy from Hold to reflect a strengthened balance sheet following the capital raise and easing regulatory risk. The firm raised its target price to $30 from $22.

Ericsson (NASDAQ: ERIC) was upgraded to Outperform from Market Perform at Bernstein.

MB Financial (NASDAQ: MBFI) was raised to Outperform from Neutral at Baird.

Pinnacle West (NYSE: PNW) was upgraded at Credit Suisse to Outperform from Neutral.

Continue reading Analyst upgrades, downgrades and initiations: AAPL, BAC, FSLR, MWW ...

Analyst upgrades, downgrades and initiations: AAPL, BAC, FSLR, MWW ... originally appeared on BloggingStocks on Tue, 26 May 2009 11:20:00 EST. Please see our terms for use of feeds.

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