Notable Analyst Rating Changes 04/17: (TEX) (TNK) (NFX) Upgraded; (YPF) (FSLR) CSX) Downgraded

April 17, 2012 10:37 AM EDT Send to a Friend
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UPGRADES
Wells Fargo lifts Terex (NYSE: TEX) to Outperform with a price target range $27 to $29. Click Here for more color.

BofA/Merrill Lynch upgrades Teekay Tankers (NYSE: TNK) from Underperform to Neutral.

Jefferies lifts Newfield Exploration (NYSE: NFX) to Buy with a price target of $46 (up from $38). Click Here for more color.

Auriga upgraded Trina Solar (NYSE: TSL) from Neutral to Buy, maintains price target of $9.

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

DOWNGRADES
Goldman Sachs drops First Solar (Nasdaq: FSLR) from Buy to Neutral with a 6-month price target of $24 (down form $45). Click Here for more color.

YPF SA (NYSE: YPF) trimmed by two today:
  • Credit Suisse from Neutral to Underperform, moving its price target from $30 to $11; and

  • BofA/Mettill Lnynch from Neutral to Underperform.
Argus drops CSX (NYSE: CSX) from Buy to Hold.

Nomura Securities lowers Infosys Technologies (Nasdaq: INFY) to Neutral.

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

NEW COVERAGE
SunTrust Robinson Humphrey assumes Textron (NYSE: TXT) at Neutral.

Macquarie starts Tiffany & Co. (NYSE: TIF) with a Neutral.

Raymond James initiates Apple (Nasdaq: AAPL) with a Strong Buy rating and an $800 price target.

JPMorgan commences Crown Castle (NYSE: CCI) at Overweight and $29.10 target.

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

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Credit Suisse, JPMorgan, Raymond James, Jefferies & Co, Merrill Lynch, Bank of America, SunTrust Robinson Humphrey, Argus, Nomura, Notable Analyst Rating Changes, Auriga, Wells Fargo

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