Friday, January 6, 2012

AT&T (T) (LMT) (JCI) (RMBS) (AYI) (CHKP) Ratings, Price Targets

AT&T Inc. (NYSE: T), Lockheed Martin Co. (NYSE: LMT), Johnson Controls, Inc. (NYSE: JCI), Rambus Inc. (NASDAQ: RMBS), Acuity Brands Inc. (NYSE: AYI) and Check Point Software (NASDAQ: CHKP) ratings and price targets.

AT&T Inc. (T) was downgraded by Pacific Crest from an “Outperform” rating to a “Sector Perform” rating.

Lockheed Martin Co. (LMT) was downgraded by RBC Capital from a “Sector Perform” rating to an “Underperform” rating.

Johnson Controls, Inc. (JCI) is now covered by Guggenheim. They placed a “Buy” rating on the company.

Rambus Inc. (RMBS) had its “Neutral” rating reiterated by JPMorgan Chase & Co. (NYSE:JPM). They have a price target of $11.50 on the company.

Acuity Brands Inc. (AYI) had its “Hold” rating reiterated by Jefferies Group (NYSE:JEF).

Check Point Software (CHKP) is now covered by Bank of America (NYSE:BAC). They placed a “Neutral” rating on the company.

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