Notable Analyst Rating Changes 05/30: (RIMM) (WYNN) (VECO) Upgraded; (AEM) (VIP) (FRO) Downgraded

May 30, 2012 11:11 AM EDT Send to a Friend
UPGRADES
JMP Securities lifts Research In Motion Ltd. (Nasdaq: RIMM) from Market Underperform to Market Perform.

Goldman Sachs boosts Wynn Resorts (Nasdaq: WYNN) from Neutral to Buy with a price target of $136. Click Here for more color.

Exane BNP Paribas lifts Veeco Instruments Inc. (NASDAQ: VECO) from Neutral to Outperform. Click Here for more color.

Sandler O'Neill boosts AIG (NYSE: AIG) from Hold to Buy, keeping its $35 price target.

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

DOWNGRADES
Dahlman Rose downgrades Agnico-Eagle Mines Ltd. (NYSE: AEM) from Buy to Hold. Click Here for more color.

Credit Suisse lops VimpelCom (NYSE: VIP) from Outperform to Neutral with a price target of $7.

Deutsche Bank trims Frontline Ltd. (NYSE: FRO) from Hold to Sell. Click Here for more color.

MKM Partners reduces Nokia (NYSE: NOK) from Neutral to Sell with a price target of $2.

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

NEW COVERAGE
Needham & Company starts CIENA (Nasdaq: CIEN) with a Buy and $16 price target. Click Here for more color.

Global Hunter Securities assumes Hecla Mining (NYSE: HL) with a Neutral and $4.85 price target. Click Here for more color.

Wunderlich Securities begins Sandridge Mississippian Trust II (NYSE: SDR) at Buy and $24 target.

McNicoll Lewis & Vlak commences Summit Hotel Properties (NYSE: INN) with a Buy rating and a $10 price target.

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Credit Suisse, Deutsche Bank, Needham & Company, Sandler O'Neill, JMP Securities, Notable Analyst Rating Changes, Wunderlich Securities, Earnings

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