Last Nights Notable News Evens:
Kraton Performance Polymers Inc (KRA)
To Offer 6M Shrs Of Common Stock
Upgrades Downgrades Stocks to Watch
Philip Morris International Inc. (PM)
upgraded to Conviction Buy from Buy at Goldman Price target raised to $74 from $72.
Tibco Software Inc. (TIBX) (Long from 25.80 pre market – out at unched 26.28 )
upgraded to Buy from Underperform at BofA/Merrill
Dell Inc. (DELL) (Short plus to minus levels in the pre market)
downgraded to Hold from Buy at Needham
Phillips-Van Heusen Corporation (PVH)
Downgraded to Bu from Conviction Buy at Goldman Sachs
Sealy Corporation (ZZ)
Downgraded to Neutral from
Overweight at Piper Jaffray
Apple Inc. (AAPL) estimates lowered on later iPhone 5 launch at Jefferies
PPG Industries, Inc. (PPG)
Guides Higher by .22c
Molycorp, Inc. (MCP)
and DOE’s Ames Laboratory Sign Cooperative Research and Development Agreement on Rare Earth Magnets
NVIDIA Corporation (NVDA)
price target lowered to $18 from $24 at ThinkEquity (Short pre market at 19.43)
Kohl’s Corporation (KSS)
Downgraded to Neutral from Conviction Buy at Goldman Sachs
Sotheby’s (BID)
Common Stockupped its target price for shares to $57 from $55
SINA Corporation (SINA)
price target raised to $130 at Stifel Nicolaus
*DISCLOSURE: Short NVDA, DELL
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