Company News for September 20, 2010 - Corporate Summary

• Safran agreed to acquire L-1 Identity ID for $1.6 billion cash, or $12 per share

• General Growth Properties GGP paid $230 million to Howard Hughes heirs to settle a dispute

• Goldman Sachs GS upgraded Freeport-McMoRan FCX to "buy" from "neutral," taking the price target from $79 to $94.

• Goldman Sachs GS downgraded US Steel X and Nucor NUE from "buy" to "neutral," dropping the price targets on US Steel from $51 to $45, and on Nucor from $45 to $40

• Societe Generale upgraded Research in Motion RIMM from "sell" to "buy," taking the price target from $51 to $57

• Deutsche Bank DB downgraded Lubrizol LZ to "hold" from "buy," with a price target of $110

• Goldman Sachs GS upgraded Gap GPS from "sell" to "neutral," with a price target set at $17

• Oppenheimer OPY upgraded Best Buy BBY from "perform" to "outperform," taking the price target from $38 to $45

• Wells Fargo WFC upgraded CarMax KMX to "outperform," with the price target raised from $24-$26 to $28-$29

• Goldman Sachs GS upgraded Garmin GRMN from "sell" to "neutral" lifting the price target from $28 to $29


 
BEST BUY (BBY): Free Stock Analysis Report
 
DEUTSCHE BK AG (DB): Free Stock Analysis Report
 
FREEPT MC COP-B (FCX): Free Stock Analysis Report
 
GENL GRWTH PPTY (GGP): Free Stock Analysis Report
 
GAP INC (GPS): Free Stock Analysis Report
 
GOLDMAN SACHS (GS): Free Stock Analysis Report
 
GOLDMAN SACHS (GS): Free Stock Analysis Report
 
GOLDMAN SACHS (GS): Free Stock Analysis Report
 
L-1 IDENTITY SO (ID): Free Stock Analysis Report
 
LUBRIZOL CORP (LZ): Free Stock Analysis Report
 
NUCOR CORP (NUE): Free Stock Analysis Report
 
RESEARCH IN MOT (RIMM): Free Stock Analysis Report
 
UTD STATES STL (X): Free Stock Analysis Report
 
Zacks Investment Research
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Apparel RetailAutomotive RetailCommunications EquipmentComputer & Electronics RetailConsumer DiscretionaryConsumer ElectronicsDiversified BanksDiversified Capital MarketsDiversified Metals & MiningElectronic Equipment ManufacturersFinancialsInformation TechnologyInvestment Banking & BrokerageMaterialsSpecialty ChemicalsSteel
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!