Notable Analyst Rating Changes 02/26: (SNDK) (INTC) (AON) Upgraded; (LO) (LSI) (TSN) Downgraded

February 26, 2013 10:56 AM EST Send to a Friend
UPGRADES
RBC Capital boosts SanDisk (Nasdaq: SNDK) from Sector Perform to Outperform, moving its price target from $50 to $65. Click Here for more color.

Drexel Hamilton lifts Intel (Nasdaq: INTC) from Sell to Hold, adjusting its price target from $18 to $22.

Sandler O’Neill upgrades Aon Corp (NYSE: AON) from Hold to Buy.

Bernstein boosts Telefonica S.A. (NYSE: TEF) from Underperform to Market Perform.

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

DOWNGRADES
Credit Agricole lowers Lorillard (NYSE: LO) from Buy to Underperform, trimming its price target by $7 to $42.

FBR Capital eases LSI Corporation (Nasdaq: LSI) from Outperform to Market Perform, adjusting its price target from $8.50 down to $8. Click Here for more color.

Stephens reduces Tyson (NYSE: TSN) from Overweight to Equal Weight, movings its price target from $28 down to $26.

Gabelli downgrades Hospira (NYSE: HSP) from Buy to Hold.

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

NEW COVERAGE
CVR Refining (NYSE: CVRR) started by several firms Tuesday:
  • Credit Suisse with a Neutral and $32 target;

  • UBS with a Buy and $31 target;

  • Barclays at Equalweight and target of $29; and

  • Citi with a Neutral and $30 price target.

Jefferies assumes International Paper (NYSE: IP) at Buy rating and $52 price target. Click Here for more color.

Cowen begins Nike (NYSE: NKE) with an Outperform.

BofA/Merrill Lynch resumes Nasdaq OMX Group Inc. (Nasdaq: NDAQ) at Buy and $34 price target.

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

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Credit Suisse, UBS, Citi, Jefferies & Co, Merrill Lynch, Bank of America, RBC Capital, Barclays, Notable Analyst Rating Changes, Cowen & Co, Credit Agricole

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