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Notable Analyst Rating Changes 10/21: (STX) (WYNN) (FST) Upgraded; (BHP) (HBAN) (FLIR) Downgraded

October 21, 2011 11:04 AM EDT
UPGRADES
Seagate Tech (NYSE: STX) raised by two firms Friday:
  • ThinkEquity from Hold to Buy, its price target raised from $13 to $18; and

  • Baird from Neutral to Outperform, its price target moves from $13 to $17.
BMO Capital ups Wynn Resorts (Nasdaq: WYNN) from Market Perform to Outperform, maintaining a price target of $167.

Susquehanna lifts Forest Oil (NYSE: FST) from Neutral to Positive.

Canaccord Genuity raises Eldorado Gold Corp (NYSE: EGO) from Hold to Buy, its price target nudged to $21.50.

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

DOWNGRADES
BHP Billiton (NYSE: BHP) lowered by two today:
  • Societe Generale from Buy to Hold; and

  • HSBC from Overweight to Neutral.
Oppenheimer downgrades Huntington Bancshares (Nasdaq: HBAN) from Outperform to Perform.

Needham & Company cuts FLIR Systems, (Nasdaq: FLIR) from Buy to Hold. Click Here for more color.

Sterne Agee reduces Chimera Investment Corp (NYSE: CIM) from Neutral to Underperform.

BMO Capital reduces Freescale Semiconductor (NYSE: FSL) from Outperform to Market Perform, its price target lowered from $18 to $12.

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

NEW COVERAGE
Deutsche Bank initiates Embraer (NYSE: ERJ) with a Buy, and $38 price target. Click Here for more color.

Macquarie begins Walt Disney (NYSE: DIS) at Neutral, and price target of $38.

Brigantine Advisors starts MetroPCS (NYSE: PCS) with a Buy, and $16 price target.

Barclays commences Swift Transportation (Nasdaq: SWFT) with an Equal Weight rating and $10 price target.

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

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Deutsche Bank, Robert W Baird, Needham & Company, ThinkEquity, BMO Capital, Sterne Agee, Barclays, HSBC, Susquehanna International Group of Companies, Notable Analyst Rating Changes