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Notable Analyst Rating Changes 11/16: (RIMM) (FBC) (ADSK) Upgraded; (THC) (CIM) (DELL) Downgraded

November 16, 2011 11:36 AM EST
UPGRADES
Goldman Sachs upgrades Research In Motion Ltd. (Nasdaq: RIMM) from Sell to Neutral, its price target moves from $22 to $18. Click Here for more color.

Cantor Fitzgerald lifts Flagstar Bancorp (NYSE: FBC) to Buy, its price target raised from $1.10 to $1.50. Click Here for more color.

Brigantine Advisors boosts Autodesk (Nasdaq: ADSK) from Hold to Buy.

Goldman Sachs adds Dicks Sporting Goods (NYSE: DKS) to its Buy list, its price target increased from $45 to $49. Click Here for more color.

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

DOWNGRADES
Leerink Swann downgrades Tenet Healthcare (NYSE: THC) from Outperform to Market Perform, its price target range moves from $6 to $7 to a range of $5.50 to $6.50. Click Here for more color.

Wunderlich Securities lowers Chimera Investment Corp (NYSE: CIM) from Hold to Sell, setting a new price target of $2.50.

FBN Securities cuts Dell (Nasdaq: DELL) from Outperform to Sector Perform, with a price target lowered from $20 to $17.

Amtech Systems Inc. (Nasdaq: ASYS) lowered by two:
  • Feltl & Co from Buy to Hold, price target cut from $18 to $10.

  • Chardan Capital from Neutral to Sell, its price target cut from $10 to $7.


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

NEW COVERAGE
Morgan Stanley starts Dow Chemical (NYSE: DOW) at Equalweight.

JMP Securities initiates Tibco Software, Inc. (Nasdaq: TIBX) with a Market Outperform, and $33 price target.

Collins Stewart begins Ingram Micro (NYSE: IM) with a Neutral.

ING Group assumes Banco Santander (NYSE: STD) at Hold.

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Cantor Fitzgerald, Morgan Stanley, American Technology Research, Collins Stewart, JMP Securities, Notable Analyst Rating Changes, Wunderlich Securities