Thursday, May 26, 2011

Ratings Updates for (CVX) (PTR) (STP) (GPRO) (AWR) from Analysts

Analysts made several changes or updates on ratings and price targets for Chevron (NYSE: CVX), Petrochina (NYSE: PTR), Suntech Power (NYSE: STP), Gen-Probe Incorporated (NASDAQ: GPRO) and American States Water Company (NYSE: AWR) today.

Jefferies (NYSE:JEF) reiterated a “buy” rating on shares of Chevron (NYSE: CVX).

Jefferies initiated coverage on Petrochina (NYSE: PTR). They placed a “buy” rating on the company.

Ardour Capital cut their price target on Suntech Power (NYSE: STP) from $10.00 to $7.50. They have a “hold” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) downgraded Gen-Probe Incorporated (NASDAQ: GPRO) from an “overweight” rating to a “neutral” rating. They have a price target of $85.00 on the company.

Ladenburg Thalmann initiated coverage on American States Water Company (NYSE: AWR). They placed a “buy” rating and a price target of $38.00 on the company.

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