Notable Analyst Rating Changes 08/23: (ANH) (CS) (LMNX) Upgraded; (X) (NOC) (SWY) Downgraded

August 23, 2012 10:28 AM EDT Send to a Friend
UPGRADES
Sterne Agee lifts Anworth Mortgage Asset (NYSE: ANH) from Neutral to Buy with a price target of $7.20.

Deutsche Bank upgrades Credit Suisse (NYSE: CS) from Hold to Buy with a CHF 23 target.

UBS raises Luminex (Nasdaq: LMNX) from Neutral to Buy.

Credit Suisse boosts AllianceBernstein (NYSE: AB) from Neutral to Outperform.

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

DOWNGRADES
Dahlman Rose cuts US Steel (NYSE: X) from Buy to Hold. Click Here for more color.

RBC Capital downgrades Northrop Grumman (NYSE: NOC) from Sector Perform to Underperform, setting a price target of $68.

Jefferies reduces SAFEWAY (NYSE: SWY) from Buy to Hold, moving its price target from $21 down to $17. Click Here for more color.

Credit Suisse lowers ADTRAN (Nasdaq: ADTN) from Neutral to Underperform.

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

NEW COVERAGE
Barclays initiates Cirrus Logic (Nasdaq: CRUS) with an Overweight and $47 target.

CLSA assumes Caterpillar (NYSE: CAT) at Outperform and $105 target.

Aegis Capital starts Rosetta Genomics (Nasdaq: ROSG) at Buy and $16 price target. Click Here for more color.

DA Davidson begins Towerstream (Nasdaq: TWER) with a Buy and price target of $7.

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

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Credit Suisse, Deutsche Bank, UBS, Jefferies & Co, RBC Capital, D.A. Davidson, Sterne Agee, Barclays, Notable Analyst Rating Changes

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