Notable Analyst Rating Changes 04/20: (CCJ) (REXX) (NOK) Upgraded; (RVBD) (FHN) (BAC) Downgraded
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UPGRADES
TD Securities lifts Cameco Corporation (NYSE: CCJ) from Hold to Buy, its price target raised from C$28 to C$30. Click Here for more color.
Brean Murray Carret & Co. upgrade\s REX Energy (Nasdaq: REXX) from Hold to Buy with a price target of $14. Click Here for more color.
Evercore Partners boosts Nokia (NYSE: NOK) from Underweight to Equal Weight.
Credit Suisse raises Nexen Inc. (NYSE: NXY) from Neutral to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
First Horizon National (NYSE: FHN) lowered by two today:
Altera (Nasdaq: ALTR) cut by two:
NEW COVERAGE
Benchmark starts Nike (NYSE: NKE) with a Buy and $128 price target.
JMP Securities initiates Syntroleum Corp. (Nasdaq: SYNM) with a Market Outperform and $1.80 target.
JPMorgan begins Amarin Corporation (Nasdaq: AMRN) with an Overweight rating and a $22 price target.
Maxim Group assumes Exelixis (Nasdaq: EXEL) at Buy with a $9 target.
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TD Securities lifts Cameco Corporation (NYSE: CCJ) from Hold to Buy, its price target raised from C$28 to C$30. Click Here for more color.
Brean Murray Carret & Co. upgrade\s REX Energy (Nasdaq: REXX) from Hold to Buy with a price target of $14. Click Here for more color.
Evercore Partners boosts Nokia (NYSE: NOK) from Underweight to Equal Weight.
Credit Suisse raises Nexen Inc. (NYSE: NXY) from Neutral to Outperform.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
First Horizon National (NYSE: FHN) lowered by two today:
- Wells Fargo from Outperform to Market Perform with a price target range lowered from $11 - $12 to $9.50 - $10.50. Click Here for more color;
- FIG Partners from Outperform to Market Perform, its price target lowered from $12.50 to $10.25.
Altera (Nasdaq: ALTR) cut by two:
- JPMorgan from Overweight to Neutral; and
- Citi from Buy to Neutral, maintains price target of $43.
- Cantor Fitzgerald from Buy to Hold, price target lowered from $32 to $27. Click Here for more color;
- Wedbush from Outperform to Neutral, its price target cut from $28 to $23. Click Here for more color;
- Mizuho Securities fromt Buy to Neutral;
- JPMorgam from Overweight to Neutral, price target lowered from $32 to $22;
- RBC Capital from Outperform to Underperform, its price target lowered from $35 to $20;
- Capstone Investments from Buy to Hold; and
- Northland Securities from Outperform to Market Perform, its price target cut from $33 to $26.
NEW COVERAGE
Benchmark starts Nike (NYSE: NKE) with a Buy and $128 price target.
JMP Securities initiates Syntroleum Corp. (Nasdaq: SYNM) with a Market Outperform and $1.80 target.
JPMorgan begins Amarin Corporation (Nasdaq: AMRN) with an Overweight rating and a $22 price target.
Maxim Group assumes Exelixis (Nasdaq: EXEL) at Buy with a $9 target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
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