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Company News for February 10, 2010

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By: Avishek Mishra
February 10, 2010 |Comments: 0
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BAC | DELL | ADBE | CS | BTU | JPM | MEE | APD | C | GS | BIDU | BAC | TIF

• 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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Market Summary Feb 10, 2012 04:06 am ET
DJIA 12890.46  6.51 0.05%
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S&P 500 1351.95  1.99 0.15%
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