Notable Analyst Rating Changes 10/03: (CSX) (AXL) (SMTC) Upgraded; (AMRN) (POT) (TXN) Downgraded

October 3, 2012 11:16 AM EDT Send to a Friend
UPGRADES
Bernstein upgrades CSX (NYSE: CSX) from Underperform to Market Perform.

RBC Capital boosts American Axle (NYSE: AXL) from Sector Perform to Outperform, moving its price target from $13 to $16.

Lazard Capital lifts Semtech Corp. (Nasdaq: SMTC) from Neutral to Buy.

UBS raises Thoratec (Nasdaq: THOR) from Neutral to Buy.

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

DOWNGRADES
Wedbush downgrades Amarin Corporation (Nasdaq: AMRN) from Outperform to Neutral, moving its price target from $22 to $15. Click Here for more color.

Lazard Capital trims Potash Corp. (NYSE: POT) from Buy to Hold.

Pacific Crest cuts Texas Instruments (Nasdaq: TXN) from Outperform to Sector Perform.

BofA/Merrill Lynch cuts Cbeyond (Nasdaq: CBEY) from Neutral to Underperform.

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

NEW COVERAGE
BB&T Capital assumes Vale S.A. (NYSE: VALE) at Hold.

UBS initiates Westport Innovations (Nasdaq: WPRT) with a Buy and price target of $38.

Stephens begins O'Reilly Automotive (Nasdaq: ORLY) with a Overweight and $98 target.

William Blair starts Michael Kors (NYSE: KORS) with a Outperform.

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

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UBS, William Blair, Merrill Lynch, Lazard, RBC Capital, BB&T Capital Markets, Pacific Crest Securities, Notable Analyst Rating Changes, Bank of America

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