Notable Analyst Rating Changes 8/6: AXP, MGM, OWW, FCX, SPLS, DD Upgraded; CELG, FITB, OCNF, MELI, SHO Downgraded - Street Insider

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Notable Analyst Rating Changes 8/6: AXP, MGM, OWW, FCX, SPLS, DD Upgraded; CELG, FITB, OCNF, MELI, SHO Downgraded
Aug 06, 2009 02:18 PM UTC

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Via StreetInsider.com News Articles:

UPGRADES:
Citigroup upgrades American Express Company (NYSE: AXP) from Hold to Buy, saying credit has stabilized. The firm lifted their price target to $36. Citi also added shares of AmEx to its Top Picks Live list.

Sanford C. Bernstein upgrades MGM Mirage (NYSE: MGM) from Underperform to Market Perform and lifted their price target from $7 to $9, citing a more stable financial envoirnment.

Keefe, Bruyette & Woods upgrades Fortress Investment Group LLC (NYSE: FIG) to Outperform. Price target $6.50. Here is the full report.

Piper Jaffray & Co. upgrades Orbitz Worldwide (NYSE: OWW) from Underweight to Neutral. Price target increased

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