Notable Analyst Rating Changes 11/10: (HUM) (IBM) (WFT) Upgraded; (AXL) (BEN) (VTR) Downgraded

November 10, 2016 10:13 AM EST

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UPGRADES
JPMorgan upgraded Humana (NYSE: HUM) from Neutral to Overweight and moves its price target from $163 to $202.

BofAMerrill Lynchh upgraded IBM (NYSE: IBM) from Neutral to Buy with a price target of $185.

CLSA upgraded Weatherford International (NYSE: WFT) from Outperform to Buy with a price target of $8.

UBS upgraded LPL Investment (Nasdaq: LPLA) from Sell to Neutral and moves its price target from $24 to $35. Click Here for more color.

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

DOWNGRADES
FBR Capital downgrades American Axle (NYSE: AXL) from Market Perform to Underperform and cuts its price target from $16 to $12. Click Here for more color.

Deutsche Bank drops Franklin Resources (NYSE: BEN) from Hold to Sell with a price target of $35. Click Here for more color.

BMO Capital lowers Ventas (NYSE: VTR) from Market Perform to Underperform and moves its price target from $62 to $55.

Morgan Stanley cuts Qualcomm (Nasdaq: QCOM) from Overweight to Equalweight with a price target of $65.

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

NEW COVERAGE
B. Riley initiates CTS Corp (NYSE: CTS) with a Buy rating and a price target of $22.

Leerink Partners resumes Thermo Fisher Scientific (NYSE: TMO) with a Outperform rating and a price target of $175. Click Here for more color.

Maxim Group starts Proteon Therapeutics (Nasdaq: PRTO) with a Buy rating and a price target of $19.

Oppenheimer assumes coverage on Yum China Holdings (NYSE: YUMC) with an Outperform rating and a price target of $33.

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

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Deutsche Bank, UBS, JPMorgan, Morgan Stanley, Bank of America, BMO Capital, B. Riley, Maxim Group, Notable Analyst Rating Changes

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