Trading Tips 29 Jan 2010

Trading Tips - 29 January 2010

Broker Upgrades to a 'Buy' Rating

• Apple (US) was upgraded by Credit Suisse with a price target up to 275.
  
  
• Abbott Laboratories (US) was upgraded by Morgan Stanley with a price target up to 63.
  
  
• Amazon (US) was upgraded by Barclays Capital with a price target up to 160.
  
  
• Apache (US) was upgraded by Wells Fargo Securities, LLC.
  
  
• Anadarko Petroleum (US) was upgraded by Barclays Capital with a price target up to 82.
  
  
• Boeing (US) was upgraded by Barclays Capital with a price target up to 65.
  
  
• Baker Hughes (US) was upgraded by Deutsche Bank with a price target up to 65.
  
  
• Caterpillar (US) was upgraded by both JPMorgan and Wells Fargo Securities, LLC.
  
  
• ConocoPhillips (US) was upgraded by Macquarie with a price target up to 62.
  
  
• Johnson Controls (US) was upgraded by Wells Fargo Securities, LLC.
  
  
• Massey Energy (US) was upgraded by Macquarie with a price target up to 40.
  
  
• Oracle (US) was upgraded by both Wells Fargo Securities, LLC and Barclays Capital.
  
  
• Qualcomm (US) was upgraded by lots of analysts – Deutsche Bank, Goldman Sachs, JPMorgan, Citi, Wells Fargo Securities, LLC and Barclays Capital.
  
  
• Symantec (US) was upgraded by plenty of analysts – Credit Suisse, JPMorgan and Wells Fargo Securities, LLC.
  
  
• United Technologies (US) was upgraded by Wells Fargo Securities, LLC.
  
  
• Viacom (US) was upgraded by Barclays Capital with a price target up to 37.
  
  
• Anglo American (UK) was upgraded by Nomura with a price target up to 3500.
  
  
• Antofagasta (UK) was upgraded by both Raymond James and Nomura.
  
  
• Eurasian Natural Resources Corp (UK) was upgraded by Nomura with a price target up to 1080.
  
  
• Easyjet (UK) was upgraded by Commerzbank Corporates & Markets with a price target up to 500.
  
  
• Lloyds Group (UK) was upgraded by Dolmen Stockbrokers with a price target up to 75.
  
  
• Reckitt Benckiser (UK) was upgraded by Morgan Stanley with a price target up to 3700.
  
  
• Rio Tinto (UK) was upgraded by Nomura with a price target up to 4300.
  
  
• Tullow Oil (UK) was upgraded by both Morgan Stanley and Credit Suisse.
  
  
• Xstrata (UK) was upgraded by Nomura with a price target up to 1400.
  
  
• Irish Life & Permanent (Ireland) was upgraded by Dolmen Stockbrokers with a price target up to 5.55.
  
  
• Adidas (Germany) was upgraded by Nomura with a price target up to 45.
  
  
• Deutsche Boerse (Germany) was upgraded by Commerzbank Corporates & Markets with a price target up to 71.
  
  
• Deutsche Post (Germany) was upgraded by JPMorgan with a price target up to 17.1.
  
  

Broker Downgrades to a 'Sell' Rating

• Boeing (US) was downgraded by Societe Generale with a price target reduced to 52.
  
  
• Caterpillar (US) was downgraded by Morgan Stanley with a price target reduced to 51.
  
  
• Citrix Systems (US) was downgraded by Morgan Stanley with a price target reduced to 40.
  
  
• Marshall & Ilsley (US) was downgraded by Goldman Sachs with a price target reduced to 6.
  
  
• Drax Group (UK) was downgraded by Credit Suisse with a price target reduced to 400.
  
  
• Travis Perkins (UK) was downgraded by ING Wholesale Banking with a price target reduced to 682.
  
  
• Wolseley (UK) was downgraded by ING Wholesale Banking with a price target reduced to 1094.
  
  
• CRH (Ireland) was downgraded by ING Wholesale Banking with a price target reduced to 14.15.
  
  

Brokers Notes

• Common Buy Ratings: eg strong buy, over-weight, out-perform etc, are listed under ‘Buy’

• Common Sell Ratings: eg sell, under-weight, under-perform etc, are listed under ‘Sell’