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Analysts' Rating and Target Changes: ADSK, BAC, KGC, JNPR, MNST, PCS

 November 08, 2012 12:08 PM
 


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

Autodesk Inc. (NASDAQ: ADSK): Jefferies downgraded the rating on the stock to "hold" from "buy" and reduced the price target to $34 from $39. Shares fell 2.19 percent to trade at $30.88.

Bank of America Corp. (NYSE: BAC): ISI Group upgraded the rating on the stock to "buy" from "hold". Shares added 3.14 percent to trade at $9.52.

Kinross Gold Corp. (NYSE: KGC): Canaccord upgraded the rating on the stock to "buy" from "hold". The stock jumped 6.07 percent to trade at $9.96.

[Related -Bank Stocks: The Misbegottenness of the Volcker Rule Truly Knows No Bounds]

Juniper Networks Inc. (NYSE: JNPR): Cantor upgraded the rating on the stock to "buy" from "hold". Shares inched 0.90 percent higher to trade at $17.92.

MetroPCS Communications Inc. (NYSE: PCS): Macquarie upgraded the rating on the stock to "outperform" from "neutral". Shares traded 3.97 percent higher at $10.22.

Monster Beverage Corp. (NASDAQ: MNST): J.P. Morgan lowered the price target to $52 from $70. Suntrust Robinson reduced the price target to $60 from $65. The stock traded 2.61 percent lower at $43.71.

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