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Notable Analyst Rating Changes 04/20: (CCJ) (REXX) (NOK) Upgraded; (RVBD) (FHN) (BAC) Downgraded

April 20, 2012 11:35 AM EDT
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:
  • 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.
Credit Agricole reduces Bank of America (NYSE: BAC) from Underperform to Sell, keeping an $8 price target.

Altera (Nasdaq: ALTR) cut by two:
  • JPMorgan from Overweight to Neutral; and

  • Citi from Buy to Neutral, maintains price target of $43.
Reverbed Technology (Nasdsaq: RVBD) downgraded by a plethora of analysts:
  • 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.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

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

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Credit Suisse, Brean Murray Carret & Co., Cantor Fitzgerald, JPMorgan, Citi, RBC Capital, JMP Securities, Maxim Group, Notable Analyst Rating Changes, Capstone Investments, Northland Securities, Credit Agricole, Wells Fargo