Notable Analyst Rating Changes 05/30: (RIMM) (WYNN) (VECO) Upgraded; (AEM) (VIP) (FRO) Downgraded
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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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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.
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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Credit Suisse, Deutsche Bank, Needham & Company, Sandler O'Neill, JMP Securities, Notable Analyst Rating Changes, Wunderlich Securities, Earnings
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