Credit Suisse Updates 6/24/11

Credit Suisse made a number of updates in a research report published today,

Southern Company (NYSE: SO) had its rating upgraded from Neutral to Outperform. At the same time, its price target was raised from $40 to $45. On Thursday, Southern lost 0.56% of its value to close the day at $39.34. Its shares continued to slide in today's pre-market trading, falling 0.05% to $39.32.

Credit Suisse initiated its coverage on KKR Co LP (NYSE: KKR) with a Neutral rating and a price target of $18. On Thursday, KKR lost 0.81% of its value to finish the day at $15.86.

Agrium Inc. (NYSE: AGU) had its rating reiterated at Outperform. Its price target, however, was raised from $108 to $111. On Thursday, Agrium added 0.57% to its value to end the day at $84.19.

Cardinal Health (NYSE: CAH) had its rating maintained at Outperform. At the same time, however, its price target was raised from $51 to $53. On Thursday, Cardinal Health lost 0.45% of its value to finish the day at $44.31.

Rackspace Hosting Inc. (NYSE: RAX) had its rating reiterated at OUTPERFORM and its price target maintained at $50. On Thursday, Rackspace added 2.05% to its value to close the day at $40.84.

Discover Financial Services (NYSE: DFS) had its rating maintained at Neutral. At the same time, however, its price target was raised from $25 to $28. On Thursday, Discover Financial added 1.27% to its value to finish the day at $23.98. Its shares continued to rise in today's pre-market trading, rising 0.38% to $23.98.

Micron Technology Inc. (NYSE: MU) had its rating maintained at Outperform. At the same time, however, its price target was increased from $10 to $15. On Thursday, Micron added 3.18% to its value to end the day at $8.43. Its shares tumbled in today's pre-market trading, however, crashing 12.93% to $7.34.