Analyst upgrades, downgrades and initiations: ANN, BBY, CBS, CL, MRVL, NOK, Q ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: ANN, BBY, CBS, CL, MRVL, NOK, Q ...
Sep 11, 2009 03:30 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
GRMN	n/a
ANN	n/a
BBY	n/a
CBY	n/a
CLX	n/a
MRVL	n/a
Q	n/a
CL	n/a
CBS	n/a
NWS	n/a
NOK	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Nokia Corp. (NOK), Best Buy (BBY), CBS Corp 'B' (CBS), Clorox Co (CLX), Colgate-Palmolive (CL), News Corp'B' (NWS), Analyst initiations

Analyst upgrades:

FBR Capital upgraded Ann Taylor (NYSE: ANN) to Outperform from Market Perform to reflect a recovery in the missy sector and the company's product improvement. The firm raised its target on shares to $19 from $13.

Roth Capital upgraded Marvell Tech (NASDAQ: MRVL) to Buy from Hold based on product cycle strength in wireless and Ethernet, HDD share gains, and a return of PC growth. Target is $22.

Goldman upgraded Colgate (NYSE: CL) to Buy from Neutral citing valuation and expectations for a pick-up in unit growth. The firm raised its price target to $85 from $83. Note that Goldman downgraded Clorox to Neutral from Buy.

Cadbury (NYSE: CBY) was upgraded to Neutral from Underweight at HSBC.

Garmin (NASDAQ: GRMN) was upgraded to Buy from Underperform at BofA/Merrill.

Qwest (NYSE: Q) was upgraded to Market Weight from Underweight at Thomas Weisel.

Continue reading Analyst upgrades, downgrades and initiations: ANN, BBY, CBS, CL, MRVL, NOK, Q ...

Analyst upgrades, downgrades and initiations: ANN, BBY, CBS, CL, MRVL, NOK, Q ... originally appeared on BloggingStocks on Fri, 11 Sep 2009 10:30:00 EST. Please see our terms for use of feeds.

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