Notable Analyst Rating Changes 07/28: DWA, CHRW, KFT, BP Upgraded; GFN, CEPH, WBSN, NE Downgraded

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DWA Hot Sheet

Overall Analyst Rating:
NEUTRAL (

UPGRADES
Piper Jaffray upgrades DreamWorks Animation (NYSE: DWA) from 'Neutral' to 'Overweight' and increases the price target from $30 to $38. Click Here for more color.

BB&T Capital upgrades C.H. Robinson Worldwide (Nasdaq: CHRW) from Hold to Buy, with a $73 price target.

Davenport upgrades Kraft Foods (NYSE: KFT) from Neutral to Buy, with a price target of $33.

Macquarie upgrades BP, plc (NYSE: BP) from Neutral to Outperform.

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

DOWNGRADES
Global Payments (NYSE: GPN) bombarded by downgrades today:

Morgan Stanley downgrades from Equalweight to Underweight;
Barrington Research reduces from Outperform to Market Perform; and
Janney Montgomery Scott downgrades from Buy to Neutral. The fair value estimate is lowered from $60 to $42. Click Here for more color.

Hapoalim downgrades Cephalon (Nasdaq: CEPH) from Buy to Hold and lowers the price target from $82 to $57 citing a pessimistic company forecast. Click Here for more color.

Websense (Nasdaq: WBSN) lowered by two firms today:

J.P. Morgan downgrades from Neutral to Underweight with a price target lowered from $23.50 to $20.50;
Lazard Capital downgrades from Buy to Hold.

Morgan Stanley downgrades Noble Corp. (NYSE: NE) from Overweight to Underweight.

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

NEW COVERAGE
Motricity (Nasdaq: MOTR) started by three firms today:

J.P. Morgan initiates coverage with an Overweight rating, and $19 price target;
Deutsche Bank starts with a Buy and $15 price target. Click Here for more color;
Needham & Company initiates coverage with a Buy rating, price target $11. Click Here for more color.

Wedbush initiates coverage on Time Warner (NYSE: TWX) with a Neutral rating and $36 price target.

Howard Weil initiates coverage on Cimarex Energy (NYSE: XEC) with a Market Outperform rating, and $91 price target.

Raymond James initiates coverage on Oasis Petroleum (NYSE: OAS) with a Strong Buy rating and $23 price target.

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

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