US Broker Ratings
Our Broker Ratings report, updated daily at 2pm, helps you identify companies listed on the Dow Jones and S&P 500 which will be affected by a ratings change today. Compiled by IG Markets Head of Research Anthony Grech, the report offers up-to-date information on the latest broker ratings.
14/10/10 (13:30)
Listed below are details of selected companies that have undergone a ratings change today. Click on the attached PDF to see the full list.
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| Company | Rating | Target Price | Potential Upside/ Downside | Contributing Broker |
|---|---|---|---|---|
| Frontier Communications Corp |
Buy | 9.5 |
10.2% | UBS |
| Pulte Group Inc |
Neutral | 8.5 |
3.9% | UBS |
| DR Horton Inc |
Neutral | 11 |
2.0% | UBS |
Maintain
| Company | Rating | Target Price | Potential Upside/ Downside | Contributing Broker |
|---|---|---|---|---|
| GameStop Corp | Buy | 31.5 | 63.6% | Janney Montgomery Scott LLC |
| Halliburton Co | Outperform | 55 | 54.4% | BMO Capital Markets |
| Nabors Industries Ltd | Outperform | 28 | 44.3% | BMO Capital Markets |
Downgrade
| Company | Rating | Target Price | Potential Upside/ Downside | Contributing Broker |
|---|---|---|---|---|
| Frontier Communications Corp |
Buy | 9.5 |
10.2% |
UBS |
| Pulte Group Inc |
Neutral | 8.5 |
3.9% |
UBS |
| DR Horton Inc |
Neutral | 11 |
2.0% |
UBS |
Source: Bloomberg (14 October 2010)
Ratings definitions:
- Outperform or overweight: the contributing broker predicts the share price of a security will perform better than a specific benchmark
- Underperform or underweight: a security will fare worse than a specific benchmark
- Upgrade and downgrade: a broker's last rating
- Maintain: a broker has maintained or reiterated a recommendation
- New rating: an analyst has initiated coverage on a stock
- Neutral or in-line recommendation: the broker expects a security's share price to match the performance of a benchmark
- Price target: the value a contributing broker expects the share price to reach (generally within a 12-month period). Recommendations are not always accompanied by a price target
- Last price: the market share price at the time of writing the update
- Potential upside/downside: the 'potential' percentage gain or loss that could result if a contributing broker's price target is reached. The percentage gain or loss is calculated based on the last price
- Contributing broker: refers to the investment management firm providing the recommendation and price target
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