Apple Inc. (NASDAQ: AAPL): First Global on Thursday downgraded its rating on the company to Market Perform From Moderate Outperform.
American International Group (NYSE: AIG): Deutsche Bank initiated coverage on the company with a Buy rating and a price target of $34.In a research note to clients, the firm stated, "AIG is the industry leader in P&C insurance markets, aircraft leasing and is a formidable competitor in the U.S. life and retirement market, particularly in fixed annuities. The company also has significant exposure through businesses and investments to the growing PacRim countries. Following restructuring, a new consistency of earnings is poised to be the main driver of stock performance."
Research in Motion (NASDAQ: RIMM): Citigroup downgraded its rating on the company to Hold from Buy. The firm slashed its price target on the stock to $45 from $80.
3M Co. (NYSE: MMM): William Blair initiated coverage on the company with an Outperform rating and a price target of $110.
Autodesk (NASDAQ: ADSK): RBC Capital Markets initiated coverage on the company with a Sector Perform rating and a price target of $46.
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