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Friday, December 9, 2011

Sirius (SIRI) (SHLD) (SI) (CIEN) (COST) (CRH) Ratings, Price Targets

Sirius XM Radio Inc. (SIRI), Sears Holdings Corp. (SHLD), Siemens (SI), Ciena Corp. (CIEN), Costco (COST) and CRH PLC (CRH) ratings and price targets.

Imperial Capital initiated coverage on Sears Holdings Corp. (SHLD). They placed an “Underperform” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) downgraded Siemens (SI) from an “Overweight” rating to a “Neutral” rating.

Citigroup (NYSE:C) initiated coverage on Sirius XM Radio Inc. (SIRI). They placed a “Buy” rating and a price target of $2.20 on the company.

JPMorgan Chase & Co. lowered its price target on Ciena Corp. (CIEN) to $12.00.

Jefferies (NYSE:JEF) raised its price target on Costco (COST) to $77.00.

Goldman Sachs (NYSE:GS) downgraded CRH PLC (CRH) from a “Buy” rating to a “Neutral” rating.

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