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Wednesday, November 23, 2011

Wal-Mart (WMT) (AMZN) (WGL) (ABH) (AONE) (AXL) Ratings, Price Targets

Wal-Mart Stores Inc. (WMT), Amazon.com, Inc. (AMZN), WGL Holdings, Inc. (WGL), AbitibiBowater (ABH), A123 Systems, Inc. (AONE) and American Axle & Manufacturing Holdings Inc. (AXL) ratings and price targets.

Bank of America (NYSE:BAC) downgraded WGL Holdings, Inc. (WGL) from a “Neutral” rating to an “Underperform” rating.

Goldman Sachs (NYSE:GS) reiterated its “Neutral” rating on Wal-Mart Stores Inc. (WMT).

RBC Capital downgraded AbitibiBowater (ABH) from an “Outperform” rating to a “Sector Perform” rating.

Needham & Company reiterated its “Positive” rating on Amazon.com, Inc. (AMZN).

Wunderlich reiterated its “Hold” rating on A123 Systems, Inc. (AONE). They have a price target of $3.00 on the company.

Citigroup (NYSE:C) initiated coverage on American Axle & Manufacturing Holdings Inc. (AXL). They placed a “Buy” rating on the company.

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