Analyst upgrades, downgrades and initiations: ADBE, AZO, EBAY, GS, NOC, WFC ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: ADBE, AZO, EBAY, GS, NOC, WFC ...
Oct 08, 2009 05:20 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
AZO	n/a
GS	n/a
EBAY	n/a
MWW	n/a
NOC	n/a
MNST	n/a
BRCM	n/a
CLX	n/a
WFC	n/a
ZUMZ	n/a
ADBE	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, eBay (EBAY), Adobe Systems (ADBE), AutoZone Inc (AZO), Clorox Co (CLX), Goldman Sachs Group (GS), Monster Worldwide (MNST), Analyst initiations, Broadcom Corp'A' (BRCM), Wells Fargo (WFC), Northrop Grumman (NOC)

Analyst upgrades:

Deutsche Bank upgraded Clorox (NYSE: CLX) to Buy from Hold on valuation and believes upside to earnings forecasts is likely. The firm raised its target on shares to $66 from $65.

Kaufman Bros. upgraded eBay (NASDAQ: EBAY) to Buy from Hold on expectations improved Marketplace fundamentals will serve as a positive catalyst for shares. The firm raised its price target on the stock to $29 from $22.

Roth Capital believes Zumiez (NASDAQ: ZUMZ) is well positioned for improved results and margins. The firm, which upgraded shares to Buy from Hold and raised its target to $22 from $16, said September back-to-school results bode well for the holiday season and demonstrate that Zumiez can drive conversion during peak shopping periods.

Northrop Grumman (NYSE: NOC) was upgraded to Sell from Conviction Sell at Goldman.

Adobe (NASDAQ: ADBE) was upgraded to Outperform from Neutral at Baird.

Monster Worldwide (NYSE: MWW) was upgraded to Overweight from Neutral at JPMorgan.

Continue reading Analyst upgrades, downgrades and initiations: ADBE, AZO, EBAY, GS, NOC, WFC ...

Analyst upgrades, downgrades and initiations: ADBE, AZO, EBAY, GS, NOC, WFC ... originally appeared on BloggingStocks on Thu, 08 Oct 2009 12:20:00 EST. Please see our terms for use of feeds.

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