Notable Analyst Rating Changes 02/17: (FTR) (CSX) (CHK) Upgraded; (LEAP) (DELL) (HFC) Downgraded
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UPGRADES
Macquarie boosts Frontier Communications (Nasdaq: FTR) from Underperform to Neutral with a price target of $4.65.
Avondale Partners raises CSX (NYSE: CSX) from Market Perform to Market Outperform with a price target of $27.
Stifel Nicolaus lifts Chesapeake Energy (NYSE: CHK) from Hold to Buy with a $29 target.
Raymond James upgrades Nexen Inc. (NYSE: NXY) from Market Perform to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Collins Stewart cuts Leap Wireless (Nasdaq: LEAP) from Buy to Neutral, price target lowered from $18 to $12. Click Here for more color.
Baird downgrades Dell (Nasdaq: DELL) from Outperform to Neutral while nudging its price target $2 higher, from $18 to $20.
UBS reduces HollyFrontier (NYSE: HFC) from Buy to Neutral.
JPMorgan trims OmniVision Technologies (Nasdaq: OVTI) from Overweight to Neutral, maintaining a target of $16.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
JPMorgan initiates Williams Companies (NYSE: WMB) at Overweight with a $35 target.
Deutsche Bank assumes Foot Locker (NYSE: FL) at Hold and $30 price target. Click Here for more color.
Citi begins Xylem (NYSE: XYL) with a Neutral rating and $30 price target.
Compass Point starts Och-Ziff Capital Management Group (NYSE: OZM) with a Buy and $12 target. Click Here for more color.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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Macquarie boosts Frontier Communications (Nasdaq: FTR) from Underperform to Neutral with a price target of $4.65.
Avondale Partners raises CSX (NYSE: CSX) from Market Perform to Market Outperform with a price target of $27.
Stifel Nicolaus lifts Chesapeake Energy (NYSE: CHK) from Hold to Buy with a $29 target.
Raymond James upgrades Nexen Inc. (NYSE: NXY) from Market Perform to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Collins Stewart cuts Leap Wireless (Nasdaq: LEAP) from Buy to Neutral, price target lowered from $18 to $12. Click Here for more color.
Baird downgrades Dell (Nasdaq: DELL) from Outperform to Neutral while nudging its price target $2 higher, from $18 to $20.
UBS reduces HollyFrontier (NYSE: HFC) from Buy to Neutral.
JPMorgan trims OmniVision Technologies (Nasdaq: OVTI) from Overweight to Neutral, maintaining a target of $16.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
JPMorgan initiates Williams Companies (NYSE: WMB) at Overweight with a $35 target.
Deutsche Bank assumes Foot Locker (NYSE: FL) at Hold and $30 price target. Click Here for more color.
Citi begins Xylem (NYSE: XYL) with a Neutral rating and $30 price target.
Compass Point starts Och-Ziff Capital Management Group (NYSE: OZM) with a Buy and $12 target. Click Here for more color.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
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