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Notable Analyst Rating Changes 02/29: (CERS) (WMB) (CVX) Upgraded; (PCS) (TC) (APOL) Downgraded

February 29, 2012 10:41 AM EST
UPGRADES
Baird raised Cerus (Nasdaq: CERS) from Neutral to Outperform, doubling its price target from $3 to $6.

Goldman Sachs lifts Williams Companies (NYSE: WMB) to Conviction Buy with a price target of $35. Click Here for more color.

Deutsche Bank boosts Chevron (NYSE: CVX) from Hold to Buy, its price target moved from $115 to $130.

Pritchard Capital upgrades Rowan Companies (NYSE: RDC) from its previous rating of Neutral to Buy.

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

DOWNGRADES
UBS downgrades MetroPCS (NYSE: PCS) from Buy to Neutral.

Dahlman Rose lowers Thompson Creek Metals (NYSE: TC) from Buy to Hold. Click Here for more color.

Deutsche Bank reduces Apollo Education (Nasdaq: APOL) from Buy to Hold with a price target cut from $60 to $45. Click Here for more color.

JPMorgan lowers Coinstar (Nasdaq: CSTR) from Overweight to Neutral, reaffirming its price target of $62.

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

NEW COVERAGE
Nomura Securities initiates Leap Wireless (Nasdaq: LEAP) with a Neutral and $10 target.

Standpoint Research starts JPMorgan (NYSE: JPM) with a Buy, with a $48 price target. Click Here for more color.

Capstone Investments assumes Equinix (Nasdaq: EQIX) with a Buy rating and $156 price target.

Barclays reinstates Williams Partners LP (NYSE: WPZ) with an Overweight rating and $70 price target.

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


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