logo
  Join        Login             Stock Quote

Analysts Upgrades & Downgrades: SI, UN, ACN, SCVL, NKE, AEO, CDCS, AN

 March 18, 2011 03:10 PM
 


Several stocks were either upgraded or downgraded by analysts and rating agencies. Some notable upgrades and downgrades are discussed here.

Upgrades:

Siemens AG (NYSE: SI) is upgraded to Buy from Hold by Deutsche Bank. SI gained 2.86 percent or $3.60 to $129.26.

Unilever NV (NYSE: UN) is upgraded to Buy from Hold at ING Group. UN was up 2 percent or $0.59 to $30.06 after the news.

Accenture PLC (NYSE: ACN) added 2.14 percent or $1.08 to $50.09 after being upgraded to Buy from Hold with a price target of $59 at Stifel Nicolaus.

[Related -Lululemon Athletica inc. (LULU): Near-Term Risks Could Further Derail Investor Confidence]

Soleil Securities has upgraded Shoe Carnival Inc (Nasdaq: SCVL) to Buy from Hold. SCVL gained 5.96 percent or $1.54 to $27.40.

Downgrades:  

Nike Inc (NYSE: NKE) lost 9.45 percent or $8.07 to $77.34 as it is downgraded to Neutral from Buy at Goldman Sachs.

American Eagle Outfitters Inc (NYSE: AEO) is downgraded to Neutral from Positive at Susquehanna. AEO was down 1.72 percent or $0.26 to $14.88.

[Related -Nike Inc. (NYSE:NKE) Q2 Earnings Preview: Just Doing It, Again]

Macquaries downgraded CDC Software Corporation (Nasdaq: CDCS) to Neutral from Outperform. CDCS lost 3.21 percent or $0.18 to $5.42. AutoNation Inc (NYSE: AN) fell 0.57 percent or $0.19 to $32.98 after being downgraded to Neutral from Outperform at Credit Suisse.

iOnTheMarket Premium
Advertisement

Advertisement


Comments Closed


rss feed

Latest Stories

article imageRussell 2000 Showing Relative Weakness at the New Highs

A quick “Quad Index” Grid shows us that the small-cap Russell 2000 is showing relative strength to the read on...

article imageThe Poster Boy For Liberal Economics Discovers The Tax Factor

Paul Krugman seems to be having a supply-side-economics moment… sort of. Raising taxes, the NY Times read on...

article imageMacroprudential Policy And Distribution Of Risk

There is very little doubt that housing prices and leverage played a strong role in the global financial read on...

article imageIs the World Turning Japanese?

Many really think so, but reality suggests read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.