Analyst upgrades, downgrades and initiations: CIEN, DLTR, EXPE, IBM, ZION ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: CIEN, DLTR, EXPE, IBM, ZION ...
Jul 21, 2009 04:40 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
PETS	n/a
PKG	n/a
CTTAY	n/a
CIEN	n/a
IP	n/a
BAIRY	n/a
IBM	n/a
HGSI	n/a
EXPE	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, International Business Machines (IBM), Ciena Corp (CIEN), Expedia Inc (EXPE), Analyst initiations

Analyst upgrades:

Piper Jaffray upgraded PetMed Express (NASDAQ: PETS) to Overweight from Neutral following the better-than-expected Q1 results. The firm raised its target on shares to $22 from $19.

Deutsche Bank upgraded International Paper (NYSE: IP) and Packaging Corp. (NYSE: PKG) to Buy from Hold to reflect stabilization in the containerboard industry. The firm raised its target price on Packaging Corp. to $24 from $14, and on International Paper to $24 from $16.

Bernstein upgraded Human Genome Sciences (NASDAQ: HGSI) to Outperform from Market Perform following the positive Phase III data for Benlysta in lupus.

IBM (NYSE: IBM) was upgraded to Hold from Sell at Societe Generale.

British Airways (OTC: BAIRY) was upgraded to Buy from Sell at Goldman.

Continental AG (OTC: CTTAY) was upgraded to Hold from Sell at Citigroup.

Continue reading Analyst upgrades, downgrades and initiations: CIEN, DLTR, EXPE, IBM, ZION ...

Analyst upgrades, downgrades and initiations: CIEN, DLTR, EXPE, IBM, ZION ... originally appeared on BloggingStocks on Tue, 21 Jul 2009 11:40:00 EST. Please see our terms for use of feeds.

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