Notable Analyst Rating Changes 06/21: (TJX) (EQT) (ONXX) Upgraded; (NIHD) (UA) (CNP) Downgraded

June 21, 2012 11:13 AM EDT Send to a Friend
UPGRADES
Wells Fargo upgrades The TJX Companies (NYSE: TJX) from Market Perform to Outperform with a price target range $48 to $51 from $42 to $45 prior. Click Here for more color.

Deutsche Bank lifts EQT Corp. (NYSE: EQT) from Hold to Buy with a price target of $59. Click Here for more color.

UBS raises MedAssets (Nasdaq: MDAS) from Neutral to Buy.

Onyx Pharmaceuticals (Nasdaq: ONXX) upgraded by three today:
  • Cowen from Neutral to Outperform;

  • Brean Murray Carret & Co. from Hold to Buy with a price target of $60. Click Here for more color;

  • Baird from Neutral to Outperform, its price target moves from $45 to $70. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Wells Fargo reduces NII Holdings (Nasdaq: NIHD) from Outperform to Market Perform, price target range lowered from $11 - $12.50 from $25.00 - $25.50. Click Here for more color.

UBS downgrades Under Armour, Inc. (NYSE: UA) from Buy to Neutral.

Credit Suisse cuts CenterPoint Energy (NYSE: CNP) from Outperform to Neutral with a price target of $21

Citi lops Wright Express (NYSE: WXS) from Neutral to Sell.

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

NEW COVERAGE
Imperial Capital assumes Southwest (NYSE: LUV) with an In-Line rating and $10 price target.

Macquarie initiates AES Corp. (NYSE: AES) with a Neutral and $14 target.

Susquehanna begins VeriFone (NYSE: PAY) at Neutral rating and a $32 price target.

Argus starts Facebook (Nasdaq: FB) at Hold and a $38 price target.

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

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Credit Suisse, Deutsche Bank, Brean Murray Carret & Co., UBS, Citi, Robert W Baird, Argus, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Cowen & Co, Wells Fargo

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