Analyst upgrades, downgrades and initiations: AZN, AZO, BBBY, CAH, CPN, LLL, LTD ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: AZN, AZO, BBBY, CAH, CPN, LLL, LTD ...
Sep 24, 2009 04:20 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
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CPN	n/a
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RDY	n/a
WBS	n/a
KNX	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Analyst initiations

Analyst upgrades:

FBR Capital upgraded AutoZone (NYSE: AZO) to Market Perform from Underperform on valuation following the company's Q4 results but lowered its target on shares to $134 from $137.

Citigroup upgraded Calpine (NYSE: CPN) to Buy from Hold on valuation following Wednesday's sell-off. The firm believes Harbinger's share sale reflects an issue with the shareholders, not with the company, and raised its price target on the stock to $16.50 from $13.

Credit Suisse upgraded Knight Transportation (NYSE: KNX) to Neutral from Underperform and raised its target to $17 from $16 based on valuation and the improved freight environment.

Citrix Systems (NASDAQ: CTXS) was upgraded to Conviction Buy from Buy at Goldman.

Webster Financial (NYSE: WBS) was upgraded to Outperform from Sector Perform at RBC Capital.

Dr. Reddy's Labs (NYSE: RDY) was upgraded to Overweight from Equal Weight at Morgan Stanley.

Continue reading Analyst upgrades, downgrades and initiations: AZN, AZO, BBBY, CAH, CPN, LLL, LTD ...

Analyst upgrades, downgrades and initiations: AZN, AZO, BBBY, CAH, CPN, LLL, LTD ... originally appeared on BloggingStocks on Thu, 24 Sep 2009 11:20:00 EST. Please see our terms for use of feeds.

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