Notable Analyst Rating Changes 10/24: (CHK) (VMW) (CMCSA) Upgraded; (ADAP) (TEX) (LECO) Downgraded

October 24, 2016 10:31 AM EDT

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UPGRADES
Stephens upgrades Chesapeake Energy (NYSE: CHK) from Underweight to Equal Weight.

William Blair raises VMware (NYSE: VMW) from Market Perform to Outperform. Click Here for more color.

Macquarie lifts Comcast Corp (Nasdaq: CMCSA) from Neutral to Outperform and moves its price target from $69 to $77. Click Here for more color.

BMO Capital moves Kinder Morgan (NYSE: KMI) from Market Perform to Outperform with a price target of $26.

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

DOWNGRADES
BofAMerrill Lynchh drops Adaptimmune Therapeutics plc (Nasdaq: ADAP) from Neutral to Underperform.

Barclays cuts Terex (NYSE: TEX) from Equalweight to Underweight with a price target of $20.

Longbow Research downgrades Lincoln Electric (Nasdaq: LECO) from Neutral to Underperform with a price target of $57.

Nomura Securities lowers Wipro Ltd. (NYSE: WIT) from Neutral to Reduce. Click Here for more color.

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

NEW COVERAGE
Seaport Global Securities initiates Canadian Pacific Railway Limited (NYSE: CP) with a Buy rating and a price target of $165. Click Here for more color.

JPMorgan starts Qorvo Inc (Nasdaq: QRVO) with an Overweight rating and a price target of $72.

Janney Montgomery Scott begins Ametek Inc. (NYSE: AME) with a Buy rating and a price target of $56.

Goldman Sachs assumes Jack In The Box (Nasdaq: JACK) with a Sell rating and a price target of $88. Click Here for more color.

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