US Top Rating Updates on 2/9: BG, VALE, CPNG, KOS and More
Baird Downgrades Bunge to Neutral
Baird analyst Ben Kallo downgrades $Bunge(BG.US$ from Outperform to Neutral and lowers the price target from $127 to $115.
Vale SA Cut to Neutral From Overweight by JP Morgan
JP Morgan analyst Rodolfo Angele downgrades $Vale SA(VALE.US$ from Overweight to Neutral and lowers the price target from $20 to $17.5.
Coupang Initiated at Overweight by Barclays
In a report released yesterday, Jiong Shao from Barclays maintained a Buy rating on $Coupang(CPNG.US$, with a price target of $20.00. The company's shares closed last Wednesday at $16.34.
Source: Seeking Alpha, The Fly
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