Notable Analyst Rating Changes 07/13: (KMI) (RRC) (DHI) Upgraded; (SKS) (DF) (EW) Downgraded

July 13, 2012 11:27 AM EDT Send to a Friend
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UPGRADES
Citi upgrades Kinder Morgan (NYSE: KMI) from Neutral to Buy.

Baird boosts Range Resources (NYSE: RRC) from Neutral to Outperform with a price target of $72.

Raymond James lifts Cal Dive (NYSE: DVR) from Market Perform to Outperform with a price target of $2.75.

MKM Partners boosts D.R. Horton (NYSE: DHI) from Neutral to Buy, its price target raised from $18 to $22. Click Here for more color.

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

DOWNGRADES
BofA/Merrill Lynch trims Saks Inc. (NYSE: SKS) from Neutral to Underperform.

Goldman Sachs lowers Dean Foods (NYSE: DF) from Buy to Neutral with a price target of $17. Click Here for more color.

Credit Suisse reduces Edwards Lifesciences (NYSE: EW) from Outperform to Neutral.

Goldman Sachs trims Discovery Communications (Nasdaq: DISCA) from Neutral to Sell with a price target of $46.00 (from $51.00).

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

NEW COVERAGE
ThinkEquity initiates salesforce.com (NYSE: CRM) with a Buy and $155 price target.

BofA/Merrill Lynch assumes Questcor Pharmaceuticals (Nasdaq: QCOR) at Buy and $60 price target.

Needham & Company starts JDS Uniphase (Nasdaq: JDSU) with a Hold. Click Here for more color.

Janney Montgomery Scott begins Melco Crown Enter. (Nasdaq: MPEL) with a Buy and $18 target.

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

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Credit Suisse, Citi, Raymond James, Merrill Lynch, Robert W Baird, Needham & Company, Bank of America, ThinkEquity, Janney Montgomery Scott, Notable Analyst Rating Changes

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