Monday, April 4, 2011

Analyst Actions: F, STI, CMA, NYX, OPTR, RAX


Ford Motor Co. (NYSE: F): Credit Suisse on Monday upgraded its rating on Ford citing improving fundamentals and lowered expectations. The firm raised its price target on the stock to $18 from $17. 

SunTrust Banks (NYSE: STI): Janney Montgomery Scott upgraded its rating on the stock to  Neutral from Sell. The firm also lifted its price target on the stock to $27 from $23.

Comerica, Inc. (NYSE: CMA): Sterne Agee upgraded its rating on the company to Buy from Neutral. 

NYSE Euronext (NYSE: NYX): Wells Fargo this morning downgraded its rating on the company  to Market Perform from Outperform.

Optimer Pharmaceuticals (NASDAQ: OPTR): Bank of America upgraded to Buy from Neutral. The firm increased its price target on the stock to $17 from $14.

Rackspace Hosting (NYSE: RAX): Raymond James lowered its rating on the company to Market Perform from Outperform, citing valuation.

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