Company News for February 10, 2010
• Bank of America (NYSE:BAC) upgraded Dell (NASDAQ:DELL) to "buy" from "neutral," with the price target raised to $18 from $16.50
• Adobe (NASDAQ:ADBE) was upgraded by analysts at Credit Suisse (NYSE:CS) from "neutral" to "outperform," with the price target raised to $39.50 from $35
• Peabody Energy (NYSE:BTU) was raised by analysts at JP Morgan (NYSE:JPM) to "overweight" from "neutral" with a price target of $50, while Massey Energy (NYSE:MEE) was cut to "neutral" from "overweight" with a $43 price target
• RW Baird upgraded Air Products (NYSE:APD) to "outperform" from "neutral," with an $89 price target
• Citigroup (NYSE:C) was reinstated by Goldman Sachs (NYSE:GS) at a "neutral" rating and a price target of $3.50
• Goldman Sachs (NYSE:GS) maintained its "buy" recommendation on Baidu (NASDAQ:BIDU) with its price target raised to $575 from $550
• Bank of America (NYSE:BAC) upgraded Tiffany (NYSE:TIF) to "buy" from "neutral" with a price target of $42
• ArcelorMittal (NYSE:MT) the world's largest steelmaker, reported a fourth-quarter profit 68 cents a share, well above Zacks estimates of 19 cents, on revenues of $18.64 billion, just short of Zacks estimates of $18.83 billion
• Monsanto (NYSE:MON) reaffirmed its 2010 earnings guidance of $3.10-$3.30
• Sprint Nextel (NYSE:S) reported a fourth-quarter loss of 34 cents a share, compared with Zacks estimates of an 18 cent loss. Revenues of $7.9 billion were just short of Zacks expectations for $8.00 billion
Read the full analyst report on BAC
Read the full analyst report on DELL
Read the full analyst report on ADBE
Read the full analyst report on CS
Read the full analyst report on BTU
Read the full analyst report on JPM
Read the full analyst report on MEE
Read the full analyst report on APD
Read the full analyst report on C
Read the full analyst report on GS
Read the full analyst report on BIDU
Read the full analyst report on BAC
Read the full analyst report on TIF

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