Credit Suisse Updates 6/24/11

Credit Suisse made a number of updates in a research report published today, Southern Company SO had its rating upgraded from Neutral to Outperform. At the same time, its price target was raised from $40 to $45. On Thursday, Southern lost 0.56% of its value to close the day at $39.34. Its shares continued to slide in today's pre-market trading, falling 0.05% to $39.32. Credit Suisse initiated its coverage on KKR Co LP KKR with a Neutral rating and a price target of $18. On Thursday, KKR lost 0.81% of its value to finish the day at $15.86. Agrium Inc. AGU had its rating reiterated at Outperform. Its price target, however, was raised from $108 to $111. On Thursday, Agrium added 0.57% to its value to end the day at $84.19. Cardinal Health CAH had its rating maintained at Outperform. At the same time, however, its price target was raised from $51 to $53. On Thursday, Cardinal Health lost 0.45% of its value to finish the day at $44.31. Rackspace Hosting Inc. RAX had its rating reiterated at OUTPERFORM and its price target maintained at $50. On Thursday, Rackspace added 2.05% to its value to close the day at $40.84. Discover Financial Services DFS had its rating maintained at Neutral. At the same time, however, its price target was raised from $25 to $28. On Thursday, Discover Financial added 1.27% to its value to finish the day at $23.98. Its shares continued to rise in today's pre-market trading, rising 0.38% to $23.98. Micron Technology Inc. MU had its rating maintained at Outperform. At the same time, however, its price target was increased from $10 to $15. On Thursday, Micron added 3.18% to its value to end the day at $8.43. Its shares tumbled in today's pre-market trading, however, crashing 12.93% to $7.34.
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Posted In: Analyst ColorUpgradesPrice TargetInitiationReiterationAnalyst RatingsAgriumCardinal HealthConsumer FinanceCredit Suissediscover financial servicesFertilizers & Agricultural ChemicalsFinancialsHealth CareHealth Care DistributorsInformation TechnologyInternet Software & ServicesKKR & Co.MaterialsMicron TechnologyrackspaceSemiconductorssouthern companyUtilities
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