Friday, October 14, 2011

PepsiCo (PEP) (ADTN) (HST) (JCI) Ratings, PTs

PepsiCo, Inc. (NYSE: PEP), ADTRAN, Inc. (NASDAQ: ADTN), Host Hotels & Resorts, Inc. (NYSE: HST) and Johnson Controls, Inc. (NYSE: JCI) ratings and price target updates.

ADTRAN, Inc. (NASDAQ: ADTN) had its price target lowered by Stifel Nicolaus from $48.00 to $35.00. They have a “Buy” rating on the company.

Morgan Stanley (NYSE:MS) reiterated its "Equal Weight" rating on PepsiCo, Inc. (PEP).

Deutsche Bank (NYSE:DB) reiterated a "Hold" rating on Host Hotels & Resorts, Inc. (HST).

Johnson Controls, Inc. (JCI) had its price target raised by Deutsche Bank to $40.00.

Johnson Controls, Inc. (JCI) had its price target lowered by Morgan Stanley (NYSE:MS) to $48.00.

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