Notable Analyst Rating Changes 5/1: RIMM, IRM, OMCL Upgraded; SQNM, GIGM, KEX Downgraded
UPGRADES:
UBSupgrades Research In Motion (Nasdaq: RIMM) from Neutral to Buy, and also raised its price target by 38% from $65 to $90.
Benchmark upgrades Iron Mountain (NYSE: IRM) from Hold to Buy. Price target $35.
Auriga upgrades Omnicell (Nasdaq: OMCL) from Hold to Buy. Price target increased from $8 to $11.
Auriga upgrades McAfee (NYSE: MFE) from Sell to Hold.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Cantor Fitzgerald downgrades Sequenom (Nasdaq: SQNM) from Buy to Hold.
Cantor Fitzgerald downgrades Kirby (NYSE: KEX) from Buy to Hold.
Benchmark downgrades GigaMedia (Nasdaq: GIGM) from Buy to Hold.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
KeyBanc initiates covearge on Flowers Foods, Inc. (NYSE: FLO) with a Buy. Price target $27.
KeyBanc initiates coverage on Diamond Foods, (Nasdaq: DMND) with a Buy rating and a price target of $32.
Thomas Weisel initiates coverage on Goodrich Petroleum (NYSE: GDP) with an Underweight. Price target $18.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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