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Monday, November 28, 2011

Illumina (ILMN) (K) (LSTR) (GRPN) (MGI) (IFF) Ratings, Price Targets

Illumina, Inc. (ILMN), Kellogg (K), Landstar System, Inc. (LSTR), Groupon (GRPN), MoneyGram International, Inc. (MGI) and International Flavors & Fragrances Inc. (IFF) ratings and price targets.

Macquarie downgraded Illumina, Inc. (ILMN) from a “Neutral” rating to an “Underperform” rating.

BMO Capital Markets downgraded Kellogg (K) from an “Outperform” rating to a “Market Perform” rating.

SunTrust (NYSE:STI) downgraded Landstar System, Inc. (LSTR) from a “Buy” rating to a “Neutral” rating.

Benchmark Co. initiated coverage on Groupon (GRPN). They placed a “Buy” rating on the company.

Morgan Stanley (NYSE:MS) reiterated its “Overweight” rating on International Flavors & Fragrances Inc. (IFF).

Bank of America (NYSE:BAC) initiated coverage on MoneyGram International, Inc. (MGI). They placed a “Buy” rating on the company.

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