US Top Rating Updates on 6/20: BIDU, PM, PFGC, PGR and MORE
$Progressive(PGR.US$ initiated at equal-weight by Morgan Stanley, announced target price at $135.00.
$Baidu(BIDU.US$ was upgraded by Morgan Stanley from equal-weight to overweight, increased target price from $160.00 to $190.00.
$Philip Morris International(PM.US$ was upgraded by Citigroup from neutral to buy, increased target price from $109.00 to $117.00.
$Performance Food(PFGC.US$ was downgraded by Morgan Stanley from overweight to equal-weight, decreased target price from $74.00 to $66.00.
$Gates Industrial(GTES.US$ was downgraded by Goldman Sachs from buy to neutral, decreased target price from $15.50 to $14.50.
Source: Dow Jones
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