Notable Analyst Rating Changes 01/16: (NFX) (PLXT) (DDR) Upgraded; (YELP) (AAPL) (IRWD) Downgraded

Article Stock Quotes (12) Comments (0)

UPGRADES
Barclays upgrades Newfield Exploration (NYSE: NFX) from Equalweight to Overweight.

Roth Capital raises PLX Technology (Nasdaq: PLXT) from Neutral to Buy with a price target of $7.

UBS boosts InterMune Inc. (Nasdaq: ITMN) from Neutral to Buy

JPMorgan lifts DDR Corp. (NYSE: DDR) from Neutral to Overweight, moving its price target from $17 up to $17.50.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Northland Securities downgrades Yelp (NYSE: YELP) from Market Perform to Underperform, moving its price target from $18 down to $16.50.

Pacific Crest trims Apple (Nasdaq: AAPL) from Outperform to Sector Perform.

UBS lowers Ironwood Pharmaceuticals (Nasdaq: IRWD) from Neutral to Sell.

Argus cuts Dell (Nasdaq: DELL) from Buy to Hold.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
AbbVie (NYSE: ABBV) started by two today:

• Jefferies with a Buy and $44 price target; and
  
  
• Wells Fargo at Outperform rating and $37-$40 valuation range. Click Here for more color.

SunTrust Robinson Humphrey assumes NV Energy (NYSE: NVE) at Neutral.

Benchmark begins Perion Network Ltd. (Nasdaq: PERI) with a Buy rating and $17 price target. Click Here for more color.

Buckingham Research starts Constellation Brands (NYSE: STZ) with a Buy and $46 target.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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UBS, JPMorgan, Jefferies & Co, Roth Capital, SunTrust Robinson Humphrey, Barclays, Argus, Pacific Crest Securities, Buckingham Research, Notable Analyst Rating Changes, Northland Securities, Wells Fargo

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