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Notable Analyst Rating Changes 02/18: (TRGL) (SPWRA) (BRCD) (ZMH) Upgraded; (ACOR) (VCLK) (BMRN) (PEP) Downgraded

February 18, 2011 11:20 AM EST
TRGL Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: -433.3%
UPGRADES
RBC Capital upgraded Toreador Resources Corp. (Nasdaq: TRGL) from Sector Perform to Outperform, increasing their price target from $10 to $19.

SunPower (Nasdaq: SPWRA) receives a boost from two firms today:
  • Caris & Co. from Average to Above Average, with a price target increased from $16 to $20; and

  • Jefferies from Hold to Buy, increasing their price target from $13 to $22. Click Here for more color.


Brocade (Nasdaq: BRCD) upgraded by two today:
  • ThinkEquity from Hold to Buy, increasing their price target 33% from $6 to $8; and

  • Wunderlich Securities also from Hold to Buy, increasing their price target from $6 to $8.
Baird upgraded Zimmer Holdings (NYSE: ZMH) from Neutral to Outperform, with a price target increased from $66 to $71.

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

DOWNGRADES
Piper Jaffray downgrades Acorda Therapeutics, Inc. (Nasdaq: ACOR) from Neutral to Underweight, cutting their price target from $24 to $16.

Benchmark downgraded ValueClick, Inc (Nasdaq: VCLK) from Buy to Hold. Click Here for more color.

BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) lowered by two firms:
  • Deutsche Bank from Buy to Hold, with a $27 price target. Click Here for more color; and

  • Deutsche Bank from Buy to Hold.
Credit Suisse downgrades PepsiCo (NYSE: PEP) from Outperform to Neutral.

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

NEW COVERAGE
J.P. Morgan initiates coverage on International Paper (NYSE: IP) with a Neutral, and $35 price target.

Jefferies starts Power-One (Nasdaq: PWER) with a Buy rating and a $12 price target. Click Here for more color.

JPMorgan initiates coverage on Boise Inc. (NYSE: BZ) with a Overweight, and price target of $11.50.

Maxim Group initiates Youku.com (NYSE: YOKU) with a Sell rating and a $22 price target.

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

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Credit Suisse, Piper Jaffray, Deutsche Bank, JPMorgan, Jefferies & Co, Robert W Baird, ThinkEquity, RBC Capital, Maxim Group, Notable Analyst Rating Changes, Wunderlich Securities

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