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Notable Analyst Rating Changes 03/25: (KBH) (DRI) (ARRY) Upgraded; (BBRY) (TXT) (JCP) Downgraded

March 25, 2013 10:55 AM EDT Send to a Friend
UPGRADES
Williams Financial Group upgrades KB Home (NYSE: KBH) from Sell to Hold with a price target of $22. Click Here for more color.

Stephens raises Darden Restaurants (NYSE: DRI) from Equal Weight to Overweight, moving its price target from $52 to $60.

Piper Jaffray boosts Array BioPharma (Nasdaq: ARRY) from Neutral to Overweight.

Canaccord Genuity lifts Veeco Instruments Inc. (Nasdaq: VECO) from Sell to Buy, nearly doubling its price target to $48.

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

DOWNGRADES
Goldman Sachs removes BlackBerry (Nasdaq: BBRY) from its Americas Buy List, cutting its rating to Neutral. The firm moved its 12-month price target from $19 to $17. Click Here for more color.

JPMorgan drops Textron (NYSE: TXT) from Overweight to Neutral with a price target of $30.

BMO Capital lowers J. C. Penney (NYSE: JCP) from Market Perform to Underperform, moving its price target from $18 to $12.

Raymond James downgrades Red Hat (NYSE: RHT) from Outperform to Market Perform.

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

NEW COVERAGE
Benchmark resumes coverage on Internap Network (Nasdaq: INAP) at Buy, adjusting its price target from $8.50 to $12. Click Here for more color.

KeyBanc starts Lexington Realty Trust (NYSE: LXP) with a Hold. Click Here for more color.

Canaccord Genuity commences Coronado Biosciences (Nasdaq: CNDO) at Buy and $18 target.

Needham & Company begins Galena Biopharma (Nasdaq: GALE) with a Buy and $3.50 price target. Click Here for more color.

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

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Piper Jaffray, JPMorgan, KeyBanc, Raymond James, Needham & Company, BMO Capital, Notable Analyst Rating Changes, Canaccord Genuity

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