Tuesday, December 6, 2011

Sonoco (SON) (STO) (TLLP) (CP) (CRI) (CX) Ratings, Price Targets

Sonoco Products (SON), Statoil (STO), Tesoro Logistics LP (TLLP), Canadian Pacific Railway Limited (CP), Carter’s, Inc. (CRI) and Cemex SAB de CV (CX) ratings and price targets.

Credit Suisse (NYSE:CS) initiated coverage on Sonoco Products (SON). They placed a “Neutral” rating and a price target of $34.00 on the company.

Deutsche Bank (NYSE:DB) downgraded Statoil (STO) from a “Buy” rating to a “Hold” rating.

RBC Capital raised its price target on Tesoro Logistics LP (TLLP) from $30.00 to $35.00. They have an “Outperform” rating on the company.

Barclays Capital upgraded Canadian Pacific Railway Limited (CP) from an “Underweight” rating to an “Equal Weight” rating.

Goldman Sachs (NYSE:GS) upgraded Carter’s, Inc. (CRI) from a “Neutral”
rating to a “Buy” rating. They have a price target of $46.00 on the company.

Sterne Agee initiated coverage on Cemex SAB de CV (CX). They placed a “Neutral” rating on the company.

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