Notable Analyst Rating Changes 03/28: (RYAAY) (SM) (EXP) Upgraded; (EXA) (AEIS) (SNX) Downgraded

March 28, 2013 10:51 AM EDT Send to a Friend
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UPGRADES
Citi upgrades Ryanair (Nasdaq: RYAAY) from Neutral to Buy.

Simmons boosts SM Energy (NYSE: SM) from Neutral to Overweight.

Sterne Agee raises Eagle Materials (NYSE: EXP) from Neutral to Buy.

TD Securities lifts Advantage Oil & Gas Ltd. (NYSE: AAV) from Hold to Buy.

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

DOWNGRADES
Needham & Company trims Exa Corporation (Nasdaq: EXA) from Buy to Hold. Click Here for more color.

BofA/Merrill Lynch downgrades Advanced Energy Industries (Nasdaq: AEIS) from Buy to Underperform.

CLSA lowers SYNNEX Corp. (NYSE: SNX) from Buy to Outperform, adjusting its price target from $43 down to $42.

Stifel Nicolaus cuts Southcross Energy Partners, L.P. (NYSE: SXE) from Buy to Hold.

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

NEW COVERAGE
Stephens initiates FedEx (NYSE: FDX) at Overweight and $125 price target.

JMP Securities begins Medivation (Nasdaq: MDVN) with a Market Outperform and price target of $55.

Goldman Sachs assumes lululemon athletica, inc. (Nasdaq: LULU) at Neutral with a price target of $72. Click Here for more color.

Guggenheim starts Morgan Stanley (NYSE: MS) with a Neutral rating and price target of $25.

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

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Stifel Nicolaus, Citi, Morgan Stanley, Merrill Lynch, Needham & Company, Bank of America, Sterne Agee, JMP Securities, Notable Analyst Rating Changes

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