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Notable Analyst Rating Changes 11/10: DNN, TYC, CUZ, CAAS Upgraded; LVS, PGH, SMT, IHG Downgraded

November 10, 2010 10:45 AM EST
DNN Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

EPS Growth %: -600.0%
UPGRADES
TD Newcrest upgraded Denison Mines (NYSE: DNN) from Reduce to Hold with their price target increased from C$2 to C$3. Click Here for more color.

Nomura Securities upgrades Tyco International (NYSE: TYC) from Reduce to Neutral, with a price target increase from $37 to $42.

Counsins Properties (NYSE: CUZ) upgraded by two firms today:
  • BofA/Merrill Lynch from Underperform to Buy; and

  • Stifel Nicolaus from Hold to Buy.
Global Hunter Securities upgrades China Automotive Systems (Nasdaq: CAAS) from Neutral to Buy, with a prce target of $18.50.

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

DOWNGRADES
UBS downgrades Las Vegas Sands (NYSE: LVS) from Buy to Neutral, with valuation increased from $44 to $52. Click Here for more color.

Pengroth Energy Trust (NYSE: PGH) receives a throng of downgrades today:
  • TD Newcrest from Action List Buy to Buy., with a price target increased 7.7% from $13 to $14;

  • RBC Capital from Outperform to Sector Perform, their price target lowered to $11.95; and

  • BMO Capital from Outperform to Market Perform, with their price target lowered to $13.45.
SMART Technologies (NYSE: SMART) downgraded by two today:
  • BofA/Merrill Lynch from buy to Neutral; and

  • RBC Capital from Outperform to Sector Perform, with a price target lowered from $17 to $12.
InterContinental Hotels Group (NYSE: IHG) also receives a downgrade from two firms today:
  • Barclays from Overweight to Equalweight, with a price target of £12.50;

  • Natixis from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
The KEYW Holding Corp. (Nasdaq: KEYW) started by two today:
  • SunTrust Robinson Humphrey with a Buy rating; and

  • Merriman Curhan Ford initiates coverage with a Buy rating.
Goldman Sachs initiates coverage on Perfect World (Nasdaq: PWRD) with a Buy rating and $36 price target.

Elster Group SE (NYSE: ELT) started by three today as well:
  • Piper Jaffray with a Neutral and $17 price target;

  • RBC Capital with an Outperform and $18 price target;

  • Canaaccord Genuity with a Buy, and price target of $20.
Raymond James initiates coverage on Rhino Resource (NYSE: RNO) with a Outperform.

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

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Piper Jaffray, Stifel Nicolaus, UBS, Raymond James, Merrill Lynch, Bank of America, BMO Capital, RBC Capital, Merriman Curhan Ford, SunTrust Robinson Humphrey, Barclays, Nomura, Genuity Capital Markets, TD Newcrest, Notable Analyst Rating Changes

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