Tuesday, August 23, 2011

JA Solar (JASO) (JNPR) (NVDA) Upgraded; (STP) (WAG) (PEG) Downgraded

JA Solar Holdings Co., Ltd. (Nasdaq: JASO), Coach (NYSE: COH), NVIDIA (Nasdaq: NVDA) and Juniper Networks (NYSE: JNPR) upgraded by analysts.

Suntech Power (NYSE: STP), Public Service Enterprise Group Inc. (NYSE: PEG), Walgreen (NYSE: WAG) and Eldorado Gold Corp (NYSE: EGO) are downgraded.

JA Solar Holdings Co., Ltd. (Nasdaq: JASO) was upgraded by Axiom Capital from a "Sell" to a "Hold."

Coach (NYSE: COH) was upgraded by Jefferies (NYSE:JEF) from a "Hold" to a "Buy." They have a price target of $60 on the company.

NVIDIA (Nasdaq: NVDA) was upgraded by Wells Fargo (NYSE:WFC) from a "Market Perform" to an "Outperform." They boosted their price target from $14 to $16 on the company.

Juniper Networks (NYSE: JNPR) was upgraded by Morgan Keegan from a "Market Perform" to an "Outperform." They have a price target of $27 on the company.

Downgrades

Suntech Power (NYSE: STP) was downgraded by Macquarie from "Neutral" to "Underperform." They slashed their price target on the solar company from $6.50 to $3.35. Collins Stewart and ThinkEquity also lowered their ratings on the company.

Walgreen (NYSE: WAG) was downgraded by Barclays from an "Equalweight" to an "Underweight. They had their price target cut from $39 to $29.

Public Service Enterprise Group Inc. (NYSE: PEG) was downgraded by UBS (NYSE:UBS) from "Buy" to "Neutral."

Eldorado Gold Corp (NYSE: EGO) was downgraded by Macquarie from a "Neutral" to an "Underperform."

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