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Tuesday, December 13, 2011

Visa (V) (URBN) (USG) (ADTN) (ARI) (ATHN) Ratings, Price Targets

Visa Inc. (V), Urban Outfitters, Inc. (URBN), USG Co. (USG), ADTRAN, Inc. (ADTN), Apollo Commercial Real Est. Finance Inc. (ARI) and AthenaHealth (ATHN) ratings and price targets.

Jefferies (NYSE:JEF) reiterated its “Underperform” on Urban Outfitters, Inc. (URBN). They have a price target of $17.00 on the company.

Goldman Sachs (NYSE:GS) downgraded USG Co. (USG) from a “Neutral” rating to a “Sell” rating. They have a price target of $7.00 on the company.

Nomura initiated coverage on Visa Inc. (V). They placed a “Buy” rating on the company.

Mizuho downgraded ADTRAN, Inc. (ADTN) from a “Buy” rating to a “Neutral” rating. They have a price target of $35.00 on the company, down from $38.00.

JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Apollo Commercial Real Est. Finance Inc. (ARI). They placed a “Neutral” rating and a price target of $14.00 on the company.

Morgan Stanley (NYSE:MS) reiterated its “Underweight” rating on AthenaHealth (ATHN). They have a price target of $35.00 on the company.

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