Analyst upgrades, downgrades and initiations: CIEN, GOLD, GS, INTU, KBH, XOM ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: CIEN, GOLD, GS, INTU, KBH, XOM ...
Jul 09, 2009 04:00 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
JEF	n/a
XOM	n/a
GS	n/a
HOT	n/a
DOX	n/a
CIEN	n/a
KBH	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Exxon Mobil (XOM), Goldman Sachs Group (GS), Analyst initiations

Analyst upgrades:

Oppenheimer upgraded Amdocs (NYSE: DOX) to Outperform from Perform on expectations the company is gaining momentum following recent contract wins. The firm set a $27 price target on the stock.

FBR Capital upgraded Starwood Hotels (NYSE: HOT) to Market Perform from Underperform after raising the Lodging sector to Overweight from Neutral. The firm cites improving demand data, potential foreign exchange benefits, and continued asset sales for the upgrade and raised its target price on Starwood to $19 from $14.

BofA/Merrill upgraded Goldman Sachs (NYSE: GS) to Buy from Neutral. The firm expects Goldman to beat Q2 estimates due favorable trading and underwriting conditions. The firm raised estimates and increased its price target to $175 from $144.

Jefferies (NYSE: JEF) was upgraded to Neutral from Sell at Pali Capital.

KB Home (NYSE: KBH) was upgraded to Outperform from Neutral at Credit Suisse.

Ciena (NASDAQ: CIEN) was upgraded to Market Perform from Underperform at JMP Securities.

Continue reading Analyst upgrades, downgrades and initiations: CIEN, GOLD, GS, INTU, KBH, XOM ...

Analyst upgrades, downgrades and initiations: CIEN, GOLD, GS, INTU, KBH, XOM ... originally appeared on BloggingStocks on Thu, 09 Jul 2009 11:00:00 EST. Please see our terms for use of feeds.

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