Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded their ratings on September 7th.
- Capital One (NYSE:COF): Oppenheimer upgraded its rating on this company from Perform to Outperform and changed its price target to $55. About the company: Capital One Financial Corporation is a diversified bank. The bank, through its subsidiaries, offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients both domestically and internationally. Capital One has bank locations in Connecticut, Louisiana, New Jersey, New York, and Texas.
- Sunoco (NYSE:SUN): The Benchmark Company upgraded its rating on this company from Sell to Hold. No price target was given. About the company: Sunoco, Inc. is a petroleum refiner and marketer and chemicals manufacturer with interests in logistics and cokemaking. The Company’s petroleum products include fuels, lubricants, and petrochemicals. Sunoco’s operations are conducted principally in the eastern half of the United States while its coke making operations are in Virginia, Indiana, Ohio and Vitoria Brazil.
- Sunpower (NASDAQ:SPWRA): Wunderlich upgraded its rating on this company from Hold to Buy and changed its price target to $16. About the company: SunPower Corporation is an integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies.
- KKR (NYSE:KKR): Oppenheimer downgraded its rating on this company from Outperform to Perform. No price target was given. About the company: KKR & Co. LP is a global alternative asset manager. The Company operates private equity funds that take either controlling or strategic minority ownership positions for long-term appreciation; invests in leveraged loans, high-yield bonds and less liquid credit products; and, on behalf of portfolio companies, arranges equity and debt financing and offers capital market advice.
- Blackstone (NYSE:BX): Oppenheimer downgraded its rating on this company from Outperform to Perform and changed its price target to $21. About the company: The Blackstone Group LP is a global alternative asset manager and provider of financial advisory services. The firm’s asset management businesses include the management of corporate private equity funds, real estate funds, mezzanine funds, proprietary hedge funds and closed-end mutual funds. Blackstone also provides M&A and reorganization advisory, as well as private placement services.
- Goldman Sachs (NYSE:GS): Oppenheimer downgraded its rating on this company from Outperform to Perform and changed its price target to $173. About the company: The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high net worth individuals.
- Temple-Inland (NYSE:TIN): Longbow downgraded its rating on this company from Buy to Neutral. No price target was given. About the company: Temple-Inland, Inc. manufactures paper, corrugated packaging, and building products. Temple-Inland’s products include linerboard, lumber, particleboard, and fiberboard.
(Note: Data on stock ratings are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)
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