Analyst upgrades, downgrades and initiations: AIG, COH, LMT, MOT, MVL, NOK, RTN ... - Blogging Stocks

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Analyst upgrades, downgrades and initiations: AIG, COH, LMT, MOT, MVL, NOK, RTN ...
Sep 01, 2009 04:30 PM UTC

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Symbol	Sentiment	Start	Return	Closed
ISIL	n/a
COH	n/a
MOT	n/a
LMT	n/a
WLT	n/a
BHP	n/a
NOK	n/a

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Filed under: Analyst reports, Analyst upgrades and downgrades, Motorola (MOT), Nokia Corp. (NOK), Lockheed Martin (LMT), Analyst initiations

Analyst upgrades:

Credit Suisse upgraded Motorola (NYSE: MOT) to Outperform from Neutral after the close Monday. The firm believes Motorola's devices segment will approach breakeven in 2010 while operating margins in nonhandset segments will expand, and that a break-up story will reemerge. Credit Suisse raised its target on shares to $9.50 from $7.

UBS upgraded BHP Billiton (NYSE: BHP) to Buy from Neutral. The firm cites BHP's leverage to iron ore, coking coal, copper, and oil for its upgrade after raising its commodity price forecasts.

Merriman upgraded Walter Energy (NYSE: WLT) to Buy from Neutral to reflect higher met coal price forecasts. The firm believes Chinese demand is strong and has a target range of $66-$72 on the stock.

Intersil (NASDAQ: ISIL) was upgraded to Outperform from Perform at Oppenheimer.

Coach (NYSE: COH) was upgraded to Buy from Neutral at BofA/Merrill.

Lockheed Martin (NYSE: LMT) was upgraded to Buy from Hold at Citigroup.

Continue reading Analyst upgrades, downgrades and initiations: AIG, COH, LMT, MOT, MVL, NOK, RTN ...

Analyst upgrades, downgrades and initiations: AIG, COH, LMT, MOT, MVL, NOK, RTN ... originally appeared on BloggingStocks on Tue, 01 Sep 2009 11:30:00 EST. Please see our terms for use of feeds.

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