Analyst calls: BT, JAS, EGN, CHL, KO, GILD, DWA ...

Filed under: Analyst reports, Analyst upgrades and downgrades, Coca-Cola (KO), Analyst initiations, Gilead Sciences (GILD), China Mobile Limited (CHL)

• Goldman upgraded BT Group (NYSE: BT) to Buy from Neutral on valuation and improved earnings visibility.
  


• Soleil upgraded shares of Jo Ann Stores (NYSE: JAS) to Buy from Hold following the company's Q2 upside surprise to reflect strong fundamentals and market share gains. The firm raised Jo Ann's target to $30 from $25.
  


• Amylin Pharma (NASDAQ: AMLN) was upgraded to Buy from Neutral at Merrill Lynch.
  


• Energen (NYSE: EGN) was upgraded to Buy from Neutral at UBS.

• Roth Capital downgraded shares of Warner Chilcott (NASDAQ: WCRX) to Hold from Buy pending patent clarity for the company's lead drug, Loestrin 24 for birth control. The firm lowered their target to $18 from $20.


• JP Morgan cut China Mobile (NYSE: CHL) to Underweight from Overweight as they believe increased competition may limit earnings growth.
  


• Cantor downgraded shares of Cell Genesys (NASDAQ: CEGE) to Hold from Buy following the termination of the VITAL-2 Phase III clinical trial. The firm also lowered their target to $2 from $10.


• Coca-Cola (NYSE: KO) was lowered to Neutral from Outperform at Credit Suisse.
  


• Gilead Sciences (NASDAQ: GILD) was downgraded to Equal Weight from Overweight at Lehman.
  


• Cinemark (NYSE: CNK) was downgraded at BMO Capital to Market Perform from Outperform.

Continue reading Analyst calls: BT, JAS, EGN, CHL, KO, GILD, DWA ...

Permalink | Email this | Comments

<map name="google_ad_map_145-1297960"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1297960?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map>