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Analysts' Rating and Target Changes: AAPL, CSX, EBAY, STJ, SYK, TIBX, XLNX

 October 18, 2012 10:51 AM
 

(By Balachander) A number of stocks were upgraded, downgraded and price targets changed by equities research analysts on Thursday.

Apple Inc. (NASDAQ: AAPL): BMO its reduced price target on the stock to $730 from $750. Shares traded 1.23 percent lower at $636.82.

CSX Corp. (NYSE: CSX): Deutsche Bank downgraded the stock to "hold" from "buy". Shares inched up 0.38 percent to trade at $21.27.

eBay Inc. (NASDAQ: EBAY): JPMorgan raised its price target on the stock to  $56 from $50. Stifel Nicolaus lifted its price target to $60 from $50. Shares traded 3.41 percent higher at $49.85.

St. Jude Medical Inc. (NYSE: STJ): Goldman Sachs downgraded the rating to "neutral" from "buy". William Blair downgraded shares to "market P\perform" from "outperform". Canaccord downgraded the stock to "hold" from "buy". The stock traded 2.18 percent lower at $39.96.

Stryker Corp. (NYSE: SYK): Oppenheimer downgraded the stock to "perform" from "outperform". Northland Securities initiated shares with a "market perform" rating. The stock shed 0.45 percent to trade at $52.58.

Tibco Software Inc. (NASDAQ: TIBX): Macquarie upgraded the stock to "outperform" from "neutral". Shares rose 2.04 percent to trade at $27.45.

Xilinx Inc. (NASDAQ: XLNX): Piper Jaffray lowered the price target on the stock to $40 from $44. Shares fell 0.80 percent to trade at $33.69.


Rich
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