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Analysts' Rating And Target Changes: AXP, C, FB, ORCL, WDC, WFC

 December 19, 2012 12:36 PM
 


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

American Express Co. (NYSE: AXP): Evercore Partners downgraded rating on the stock to "equal weight" from "overweight". Shares retreated 1.18 percent to trade at $57.13.

Citigroup Inc. (NYSE: C): Morgan Stanley upgraded rating on the stock to "overweight" from "equal weight". Shares traded 0.41 percent higher at $39.62.

Facebook Inc. (NASDAQ: FB): Cantor Fitzgerald raised price target on the stock to  $33 from $28. Shares inched up 0.07 percent to trade at $27.73.

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

Oracle Corp. (NASDAQ: ORCL): Susquehanna raised price target on the stock to $40 from $38. Shares jumped 4.27 percent to trade at $34.28.

Wells Fargo & Co. (NYSE: WFC):  Morgan Stanley and Evercore Partners downgraded rating on the stock to "equal weight" from "overweight". Shares dipped 0.23 percent to trade at $34.88.

Western Digital Corp. (NASDAQ: WDC): Craig-Hallum upgraded rating on the stock to "buy" from "hold". Shares rose 4.25 percent to trade at $41.28.

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