Monday, April 18, 2011

Analyst Actions: BBY, KFT, GPS, BMC, ESLR

Best Buy Co Inc (NYSE: BBY): KeyBanc on Monday downgraded its rating on the company to Hold  from Buy.

Kraft Foods Inc (NYSE: KFT): Morgan Stanley cut its rating on the company to Equal Weight from Overweight. 

Gap Inc (NYSE: GPS): BofA/Merrill downgraded the company to Neutral from Buy. 

BMC Software (NASDAQ: BMC): Citigroup on Monday lowered its rating on the company to Hold from Buy. However, the firm maintained its price target of $52.

Evergreen Solar Inc (NASDAQ: ESLR): Citigroup this morning downgraded the company to Sell from Hold. The firm slashed  its price target on the stock to $1 from $3.50.

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