October 9, 2009 - Below is a list of stocks receiving an Upgrade or a Downgrade today.
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Stock Upgrades - 10/9/09
Barclays Upgrades the IT Hardware Sector from Neutral to Positive - these stocks include:
Intel Corporation (INTC) - Hewlett-Packard Company (HPQ) - Dell Inc. (DELL) - Apple Inc. (AAPL) - Microsoft Corporation (MSFT) - Brocade Communications Systems, Inc. (BRCD) - Oracle Corp. (ORCL)
AK Steel Holding Corp. (AKS) - Upgraded at Deutsche Bank - $22.50 Price Target
Bristol-Myers Squibb Co. (BMY) - Initiated at Wells Fargo - $25-$27 Price Target
Cadence Pharmaceuticals Inc. (CADX) - Upgraded at JMP Securities - $15 Price Target
China Natural Gas, Inc. (CHNG) - Initiated at Roth Capital - $18 Price Target
Cree Inc. (CREE) - Initiated at JP Morgan - Overweight Rating
JPMorgan Chase & Co. (JPM) - Initiated at Raymond James - $60 Price Target
LSI Corporation (LSI) - Upgraded at Barclays
Marriott International, Inc. (MAR) - Upgraded of B of A - Buy Rating
NetApp, Inc. (NTAP) - Upgraded at ThinkEquity - Buy Rating
Netease.com Inc. (NTES) - Recommended at Pali Capital - Neutral Rating
Netflix, Inc. (NFLX) - Recommended at Kaufman Brothers - Buy Rating
Patriot Coal Corporation (PCX) - Upgraded at BMO Capital - Market Perform
Research In Motion Ltd. (RIMM) - Upgraded at RW Baird - $84 Price Target
Research In Motion Ltd. (RIMM) - Recommended at RBC Capital - Buy Rating
Savient Pharmaceuticals, Inc. (SVNT) - Upgraded at Oppenheimer - $17 Price Target
Stewart Enterprises Inc. (STEI) - Initiated at Soleil - $6.50 Price Target
Vertex Pharmaceuticals Incorporated (VRTX) - Initiated at RBC Capital - $43 Price Target
VIACOM INC CL A (VIA) - Upgraded at Piper Jaffray - $35 Price Target
Stock Downgrades - 10/9/09
Aeropostale Inc. (ARO) - Downgraded at Goldman Sachs - $41 Price Target
Akamai Technologies Inc. (AKAM) - Downgraded at Thomas Weisel - Market Weight
Arcelor Mittal (MT) - Downgraded at UBS
Helen of Troy Limited (HELE) - Initiated at RBC Capital - $23 Price Target
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