Notable Analyst Rating Changes 01/08: (CELG) (MGM) (LUV) Upgraded; (FIO) (DECK) (MYL) Downgraded

January 8, 2013 10:31 AM EST
Celgene (Nasdaq: CELG) upgraded by two firms today:
  • Piper Jaffray from Neutral to Overweight, moving its price target from $86 to $111; and

  • RBC Capital from Sector Perform to Outperform, adjusting its price target from $90 up to $100.

Credit Suisse upgrades MGM Resorts (NYSE: MGM) from Neutral to Outperform.

Goldman Sachs raises KKR (NYSE: KKR) from Neutral to Buy, moving its price target up $3 to $19.50. Click Here for more color.

Deutsche Bank boosts Southwest (NYSE: LUV) from Hold to Buy, increasing its price target by $4 to $15. Click Here for more color.

For daily real-time Upgrades go to

William Blair downgrades Fusion-io (NYSE: FIO) from Outperform to Market Perform.

Baird lowers Deckers Outdoor (Nasdaq: DECK) from Outperform to Neutral.

Morgan Stanley cuts Mylan (Nasdaq: MYL) from Overweight to Equalweight.

JPMorgan trims Halliburton (NYSE: HAL) from Overweight to Neutral.

For daily real-time Downgrades go to

ISI Group assumes Constellation Brands (NYSE: STZ) at Buy and $43 price target.

Stifel Nicolaus initiates ADT (NYSE: ADT) with a Buy and price target of $56.

Howard Weil starts Whiting Petroleum (NYSE: WLL) with a Outperform.

Landenburg Thalmann begins LRR Energy, L.P. (NYSE: LRE) with a Buy and $20 price target.

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Credit Suisse, Piper Jaffray, Stifel, Deutsche Bank, William Blair, JPMorgan, Morgan Stanley, Robert W Baird, RBC Capital, Notable Analyst Rating Changes

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