Business

Analysts downgrade Deere, raise Eaton, UAL

Posted September 30, 2010 11:00 pm

The following is a list of stocks, on which analysts changed their ratings or began coverage today. The stock symbols are listed in parentheses after the companies' names.

• Deere & Co (DE US) was downgraded to "Market Perform" from "Outperform" at Wells Fargo by equity analyst Andrew Casey.

• Deere & Co (DE US) was downgraded to "Neutral" from "Overweight" at JPMorgan by equity analyst Ann Duignan. The 6-month target price is $75.00 per share.

• Eaton Corp (ETN US) was raised to "Overweight" from "Neutral" at JPMorgan by equity analyst Ann Duignan. The 15-month target price is $99.00 per share. Locally, Eaton has operations in Carol Stream, Chicago, Downers Grove, Des Plaines, Glendale Heights and Wood Dale.

• Chicago-based United Continental Holdings Inc (UAL US) was rated new "Buy" at Deutsche Bank by equity analyst Michael Linenberg. The 12-month target price is $33.00 per share.

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