Notable Analyst Rating Changes 08/10: (BRCM) (NIHD) (NOG) Upgraded; (YHOO) (UBNT) (CNQ) Downgraded

August 10, 2012 11:19 AM EDT Send to a Friend
UPGRADES
Bernstein upgrades Broadcom (Nasdaq: BRCM) from Market Perform to Outperform, moving its price target from $36 up to $41.

Macquarie boosts NII Holdings (Nasdaq: NIHD) from Neutral to Outperform, boosting its price target from $10 up to $15.

Global Hunter Securities raises Northern Oil and Gas (NYSE: NOG) from Accumulate to Buy with a price target of $27 (from $25 prior).

Miller Tabak lifts EOG Resources (NYSE: EOG) from Neutral to Buy with a price target of $124 (from $101 prior).

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

DOWNGRADES
BofA/Merrill Lynch downgrades Yahoo! (Nasdaq: YHOO) from Buy to Neutral.

Ubiquiti Networks (Nasdaq: UBNT) lowered by four today:
  • Pacific Crest from Outperform to Sector Perform;

  • Wedbush from Outperform to Neutral, its price target moves from $17 down to $8;

  • Deutsche Bank from Buy to Hold, dropping its target from $30 to $12. Click Here for more color; and

  • Capstone Investments from Buy to Hold with a price target of $15.00 (from $18.00).
Raymond James reduces Canadian Natural Resources Limited (NYSE: CNQ) from Outperform to Market Perform.

JPMorgan lowers Big Lots (NYSE: BIG) from Neutral to Underweight.

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

NEW COVERAGE
Goldman Sachs assumes JDS Uniphase (Nasdaq: JDSU) with a Buy and $14 price target. Click Here for more color.

Lazard Capital initiates Aeropostale, Inc. (NYSE: ARO) with a Neutral.

Jefferies commences OraSure Technologies (Nasdaq: OSUR) at Buy and a price target of $14. Click Here for more color.

Stifel Nicolaus starts Palo Alto Networks (NYSE: PANW) with a Buy and $75 price target.

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

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