Apple (AAPL), Constellation Energy (CEG), Consolidated Edison (ED), Lincare Holdings (LNCR), Yahoo! (YHOO), Boston Beer (SAM), Choice Hotels (CHH), Momenta Pharma (MNTA), were upgraded or downgraded by analysts.
Apple (AAPL) initiated with a Buy at Auriga Target $550.
Constellation Energy (CEG) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded Constellation Energy citing the recent contraction in forward power and natural gas prices. The firm lowered its price target for shares to $42 from $45.
Consolidated Edison (ED) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded Consolidated Edison citing valuation and lowered its price target for shares to $61 from $62.
Lincare Holdings (LNCR) downgraded to Hold from Buy at Deutsche Bank.Deutsche Bank downgraded Lincare Holdings citing decelerating internal revenue growth and potential risk from Round 2 of competitive bidding set for mid-2012. The firm keeps a $27.50 price target for shares.
Boston Beer (SAM) downgraded to Sell from Neutral at Goldman.Goldman downgraded Boston Beer based on valuation, unsustainable growth for Twisted Tea, and slowing growth in its core beer brand portfolio. Price target $98.
Choice Hotels (CHH) downgraded to Underperform from Neutral at RW Baird.Baird downgraded Choice Hotels citing relative valuation and limited growth. Price target raised to $34 from $33.
Momenta Pharma (MNTA) initiated with an Outperform at Bernstein Target $24.
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