Analyst upgrades, downgrades and initiations: AMR, DT, HOG, JBLU, LULU, VLO ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: AMR, DT, HOG, JBLU, LULU, VLO ...
Oct 14, 2009 04:30 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
HOG	n/a
GG	n/a
ABX	n/a
EMC	n/a
AMR	n/a
SNY	n/a
TOSBF	n/a

Via BloggingStocks:

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

Analyst upgrades:

JPMorgan upgraded Barrick Gold (NYSE: ABX) and Goldcorp (NYSE: GG) to Overweight from Neutral following its gold valuation analysis. The firm set a $54 price target on Barrick shares and a $47 price target on Goldcorp shares.

Thomas Weisel upgraded EMC Corp. (NYSE: EMC) to Overweight from Market Weight and raised its target to $24 from $15, citing the company's improving end market demand, competitive position, and valuation.

Barclays upgraded AMR Corp. (NYSE: AMR) to Overweight from Equal Weight, citing the company's improved liquidity position and what they believe to be the beginning of a multi-year profit cycle for the sector. Despite the upgrade, the firm lowered its target to $14 from $20.

Harley-Davidson (NYSE: HOG) was upgraded to Outperform from Market Perform at Wells Fargo.

Toshiba (OTC: TOSBF) was upgraded to Overweight from Neutral at JPMorgan.

Sanofi-Aventis (NYSE: SNY) was upgraded to Neutral from Sell at UBS.

Continue reading Analyst upgrades, downgrades and initiations: AMR, DT, HOG, JBLU, LULU, VLO ...

Analyst upgrades, downgrades and initiations: AMR, DT, HOG, JBLU, LULU, VLO ... originally appeared on BloggingStocks on Wed, 14 Oct 2009 11:30:00 EST. Please see our terms for use of feeds.

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