Sirius XM Radio (NASDAQ: SIRI): Wunderlich Securities on Tuesday downgraded its rating on Sirius XM to Hold from Buy. The firm slashed its prie target on the stock to $1.65 from $2. Shares of the company dropped more than 3% in morning trading Tuesday.
Transocean (NYSE: RIG): Susquehanna this morning initiated coverage on the company with a Positive rating.
PulteGroup, Inc. (NYSE: PHM): Goldman Sachs on Wednesday upgraded its rating on the company to Conviction Buy from Neutral, citing valuation, cost savings, and decreased write-offs. The firm also raised its price target to $10 from $8. Shares of the homebuilder rallied more than 3% in morning trading.
CSX Corp. (NYSE: CSX): Goldman Sachs this morning upgraded its rating on the stock to Buy from Neutral citing margin upside from cost reductions, long-term met coal outlook, and share gains. The firm raised its price target to $93 from $79.
AOL Inc (NYSE: AOL): UBS upgraded AOL to Buy from Neutral.
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