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If you are serious about staying on top of your portfolios, you will need to keep abreast of what The Street is saying about your stocks. While not all analyst upgrades or downgrades will move a company's stock in a big way, you can rest assured that there are those that will most definitely get traders' attention.
So, be sure to start your day with a quick perusal of the upgrades and downgrades from Wall Street's finest. Below is a summary of today's rating changes:
Wall Street Research Summary
Upgrades:
- Suncor Energy (SU) - Barclays
- Sprint Nextel (S) - Bernstein
- Cardinal Health (CAH) - Citi
- McKesson (MCK) - Citi
- Quanta Services (PWR) - FBR Capital
- Warner Chilcott (WCRX) - Goldman Sachs
- Micron (MU) - Goldman Sachs
- Bristol-Myers (BMY) - Jefferies
- BE Aerospace (BEAV) - UBS
- Texas Instruments (TXN) - UBS
- Analog Devices (ADI) - UBS
- Maxim Integrated (MXIM) - UBS
- Linear Technology (LLTC) - UBS
- Vail Resorts (MTN) - Wells Fargo
Downgrades:
- ON Semiconductor (ONNN) - Estimates and target cut at FBR Capital
- Alcoa (AA) - Estimates cut at Goldman Sachs
- Trina Solar (TSL) - Target cut at Goldman Sachs
- Suntceh Power (STP) - Target cut at Goldman Sachs
- Forest Labs (FRX) - Goldman Sachs
- Lam Research (LRCX) - Goldman Sachs
- Applied Materials (AMAT) - Goldman Sachs
- Cabot Corp (CBT) - Jefferies
- SEI Investments (SEIC) - Oppenheimer
- Forest Oil (FST) - Stifel Nicolaus
- Continential Resources (CLR) - Stifel Nicolaus
- Hexcel (HXL) - UBS
Positions in stocks mentioned: Short ILMN
Source: StreetInsider.com
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