Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded the shares on September 27th.
- Clorox (NYSE:CLX): Caris & Company upgraded its rating on this company from Below Average to Average and changed its price target from $60 to $66. About the company: The Clorox Company produces and markets non-durable consumer products sold primarily through grocery and other retail stores. The Company’s principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Clorox markets its products in the United States and other countries around the world.
- Rush Enterprises (NASDAQ:RUSHA): Morgan Keegan upgraded its rating on this company from Mkt Perform to Outperform and changed its price target from $22 to $19. About the company: Rush Enterprises, Inc. operates a regional network of truck centers. The Company sells new and used Peterbilt heavy-duty trucks and John Deere construction equipment. Rush operates dealerships in Texas, California, Oklahoma, Louisiana, Colorado and Michigan.
- Affymax (NASDAQ:AFFY): WBB Securities upgraded its rating on this company from Buy to Strong Buy and changed its price target to $8. About the company: Affymax Inc. is a clinical-stage biopharmaceutical company. The Company develops peptide-based drugs for the treatment of serious and life-threatening conditions such as kidney disease and cancer.
- Tesco ADR (TSCDY): HSBC Securities upgraded its rating on this company from Underweight to Neutral.
- Kimco Realty (NYSE:KIM): Robert W. Baird upgraded its rating on this company from Underperform to Neutral and changed its price target to $18. About the company: Kimco Realty Corporation is a real estate investment trust (REIT). The Company owns and operates neighborhood and community shopping centers with locations in multiple states as well as Puerto Rico, Canada, Mexico, Chile, Brazil and Peru. The Company also provides management services for shopping centers owned by affiliated entities and various real estate joint ventures.
- Zhongpin (NASDAQ:HOGS): Maxim Group downgraded its rating on this company from Buy to Hold. About the company: Zhongpin, Inc. processes food. The Company produces and distributes fresh and frozen pork, processed meat products, and vegetables within, and outside, the Peoples Republic of China. Zhongpin distributes its products in China through supermarkets.
- Koninklijke Ahold (AHONY): HSBC Securities downgraded its rating on this company from Neutral to Underweight.
- SK Telecom (NYSE:SKM): HSBC Securities downgraded its rating on this company from Overweight to Neutral. About the company: SK Telecom Co., Ltd., an affiliate of SK Group, offers telecommunications services and products in South Korea. The Company provides mobile phone services under the brand names Speed 011. In addition, SK Telecom and its subsidiaries offer other wireless services including data, paging, and Internet services.
(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)
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