Notable Analyst Rating Changes 07/11: (SKYW) (SAP) (AMCX) Upgraded; (DNDN) (WM) (HUN) Downgraded

July 11, 2012 10:27 AM EDT Send to a Friend
UPGRADES
Raymond James upgrades SkyWest (Nasdaq: SKYW) from Market Perform to Outperform.

ThinkEquity boosts SAP AG (NYSE: SAP) from Hold to Buy.

Susquehanna raises AMC Networks (Nasdaq: AMCX) from Neutral to Positive with a price target of $49.00.

Wedbush lifts Wendy's (Nasdaq: WEN) from Neutral to Outperform, moving its price target from $5 to $5.50.

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

DOWNGRADES
BofA/Merrill Lynch trims Dendreon (Nasdaq: DNDN) from Neutral to Underperform with a price target of $6.00 (from $13.00).

Morgan Stanley reduces Waste Management (NYSE: WM) from Equalweight to Underweight.

Jefferies downgrades HMS Holdings (Nasdaq: HMSY) from Buy to Hold with a price target of $32.00 (from $29.00). Click Here for more color.

Macquarie cuts Huntsman (NYSE: HUN) from Outperform to Neutral with a price target of $14.00 (from $20.00).

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

NEW COVERAGE
UBS assumes EMC (NYSE: EMC) at Buy and $30 price target.

HSBC initiates SINA Corporation (Nasdaq: SINA) with a Overweight and $62 price target.

JMP Securities begins Juniper Networks (NYSE: JNPR) with a Market Perform.

Wells Fargo starts REX Energy (Nasdaq: REXX) with an Outperform and valuation range of $16 - $18. Click Here for more color.

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

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UBS, Raymond James, Morgan Stanley, Jefferies & Co, Merrill Lynch, Bank of America, ThinkEquity, JMP Securities, HSBC, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Wells Fargo

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