Stock Investing News

A lot of big name stocks received upgrades and downgrades today. Here are a few such stocks:

Analyst upgrades:

• Dick’s Sporting Goods (NYSE: DKS) was upgraded today to Neutral from Underperform by Buckingham.
• State Street Corp (NYSE: STT) was upgraded by CLSA to Outperform from Underperform and the broker lifted its price target on the stock to $62 from $45.
• JP Morgan Chase (NYSE: JPM) received an upgrade today from Fox-Pitt to Outperform from In Line with a $55 price target.
• Schlumberger (NYSE SLB) was upgraded by Citigroup today to Buy from Hold and the broker boosted its price target on the stock to $80 from $56.

Analyst downgrades:

• Peabody Energy Corp. (NYSE: BTU) was downgraded by Davenport from a Buy to Neutral
• Andarko Petroleum (NYSE: APC) downgraded by JP Morgan to Neutral from Overweight
• Baker Hughes (NYSE: BHI) was lowered today by Citigroup to a Sell from Hold and the broker left its price target on the stock steady at $39.
• BJ Services (NYSE: BJS) downgraded by Citigroup to Sell from Hold and the broker lowered its price target on the stock to $14 from $16.

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