Notable Analyst Rating Changes 02/10: PBR, ANR, PRO, RL Upgraded; WMT, IDIX, ENER, CSCO Downgraded

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PBR Hot Sheet

Overall Analyst Rating:
BUY ( Down

Down)

UPGRADES
Barclays upgraded Petrobras (NYSE: PBR) from Equalweight to Overweight, price target increased from $39 to $40.

BB&T Capital upgrades Alpha Natural Resources (NYSE: ANR) from Hold to Buy, and $66 price target.

PROS Holdings (NYSE: PRO) upgraded by two today:

Jefferies from Hold to Buy, with a price target increased from $10 to $14. Click Here for more color; and
Northland Securities from Market Perform to Outperform, with a price target increased from $12 to $14.

BofA/Merrill Lynch upgrades Polo Ralph Lauren (NYSE: RL) from Underweight to Neutral.

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

DOWNGRADES
UBS downgrades Wal-Mart (NYSE: WMT) from Buy to Neutral. Click Here for more color.

Idenix Pharmaceuticals, Inc. (Nasdaq: IDIX) downgraded by three today:

Oppenheimer from Outperform to Perform;
ThinkEquity from Hold to Sell, with $2 price target; and
Stifel Nicolaus from Buy to Hold.

Citi downgrades Energy Conversion Devices (Nasdaq: ENER) from Hold to Sell, with a price target halved from $7 to $3.50.

Cisco (Nasdaq: CSCO) lowered by a gaggle of firms:

Citi from Buy to Hold, price target from $25 to $22;
Piper Jaffray from Overweight to Neutral, price target from $25 to $21;
Stifel Nicolaus from Buy to Hold;
Atlantic Equities from Overweight to Equalweight price target from $26 to $22; and
Avondale Partners from Market Outperform to Market Perform, price target reduced from $28 to $23.

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

NEW COVERAGE
Capstone Investments initiates Yahoo! (Nasdaq: YHOO) with a Buy rating and a $24 price target.

JPMorgan resumes coverage on Apache Corp. (NYSE: APA) with a Overweight, and $139 price target.

Brigantine Advisors starts Novatel (NASDAQ: NVTL) with a Hold. Click Here for more color.

Stifel Nicolaus initiates coverage on Computer Programs and Systems (Nasdaq: CPSI) with a Hold.

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

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