Analyst upgrades, downgrades and initiations: BCS, CAT, LMT, MTB, NVS, WSM ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: BCS, CAT, LMT, MTB, NVS, WSM ...
Oct 21, 2009 04:30 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
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SYK	n/a
MTB	n/a
LXK	n/a
PNR	n/a
ADSK	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Caterpillar (CAT), Analyst initiations

Analyst upgrades:

FBR Capital upgraded M&T Bank (NYSE: MTB) to Market Perform from Underperform following the Q3 results to reflect the company's improved earnings outlook and better credit trends. The firm has a $70 price target on shares.

Kaufman Bros. upgraded Autodesk (NASDAQ: ADSK) to Buy from Hold as it believes a bottom has been reached in the manufacturing and construction industries. The firm raised its target on shares to $30 from $26.

Goldman upgraded Caterpillar (NYSE: CAT) to Neutral from Sell and raised its target to $64 from $48 citing improved cost controls and construction outlook.

Pentair (NYSE: PNR) was upgraded to Buy from Hold at KeyBanc.

Lexmark (NYSE: LXK) was upgraded to Neutral from Underweight at JPMorgan.

Stryker (NYSE: SYK) was upgraded to Neutral from Underperform at BofA/Merrill.

Continue reading Analyst upgrades, downgrades and initiations: BCS, CAT, LMT, MTB, NVS, WSM ...

Analyst upgrades, downgrades and initiations: BCS, CAT, LMT, MTB, NVS, WSM ... originally appeared on BloggingStocks on Wed, 21 Oct 2009 11:30:00 EST. Please see our terms for use of feeds.

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