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Notable Analyst Rating Changes 02/15: (NOK) (ATML) (XL) Upgradaed; (GOLD) (RIG) (LOGM) Downgraded

February 15, 2013 10:48 AM EST Send to a Friend
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UPGRADES
Nordea upgrades Nokia (NYSE: NOK) from Buy to Strong Buy, while setting a price target of €4. Click Here for more color.

Craig-Hallum boosts Atmel (Nasdaq: ATML) from Hold to Buy, moving its price target from $6 to $9.

Janney Montgomery Scott raises XL Group plc (NYSE: XL) from Neutral to Buy.

Credit Suisse lifts Kinross Gold (NYSE: KGC) from Neutral to Outperform.

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

DOWNGRADES
Citi drops Randgold Resources Ltd. (Nasdaq: GOLD) from Neutral to Sell.

Deutsche Bank trims Transocean (NYSE: RIG) from Hold to Sell, with a price target of 49. Click Here for more color.

LogMeIn (Nasdaq: LOGM) downgraded by three today:
  • Oppenheimer from Outperform to Perform;

  • JPMorgan from Overweight to Neutral; and

  • Wunderlich Securities from Buy to Hold with a price target of $22.

Citi reduces Comerica (NYSE: CMA) from Neutral to Sell.

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

NEW COVERAGE
William Blair initiates Garmin Ltd. (Nasdaq: GRMN) with an Outperform.

RBC Capital assumes Emerson (NYSE: EMR) at Outperform, with a $70 price target.

Stifel Nicolaus begins Abbott Labs (NYSE: ABT) with a Buy and $40 target.

Barclays starts CTC Media (Nasdaq: CTCM) with an Underweight.

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

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Credit Suisse, Stifel Nicolaus, Deutsche Bank, William Blair, JPMorgan, Citi, RBC Capital, Janney Montgomery Scott, Barclays, Notable Analyst Rating Changes, Wunderlich Securities

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