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Notable Analyst Rating Changes 11/30: RIMM, C, ISSI, KGC Upgraded; EBAY, STX, RBY, CHK Downgraded

November 30, 2010 11:17 AM EST
RIMM Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

EPS Growth %: -55.1%
UPGRADES
Jefferies & Co. upgrades Research in Motion (Nasdaq: RIMM) from Hold to Buy, with a price target increased from $55 to $80. Click Here for more color.

ISI Group upgrades Citigroup (NYSE: C) from Hold to Buy, with a price target increased from $5 to $5.50. Click Here for more color.

Auriga upgraded Integrated Silicon Solution (Nasdaq: ISSI) to Buy from Hold, with a $9 price target. Click Here for more color.

Credit Suisse upgraded Kinross Gold (NYSE: KGC) from Neutral to Outperform, with a price target $22.

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

DOWNGRADES
Piper Jaffray downgrades eBay (Nasdaq: EBAY) from Overweight to Neutral, with a price target maintained at $30.

Atlantic Equities downgrades Seagate Technology (Nasdaq: STX) from Overweight to Neutral, dropping their price target 12.5% from $16 to $14.

NCP Northland Capital downgraded Rubicon Minerals (NYSE: RBY) from Sector Outperform to Sector Perform, boosting their price target from $5.89 to $6.57.

Argus Research lowers Chesapeake Energy (NYSE: CHK) from Hold to Sell. Click Here for more color.

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

NEW COVERAGE
Vera Bradley (NYSE: VRA) started by several firms today:
  • Wells Fargo with an Outperform, and valuation range of $33 - $34. Click Here for more color;

  • KeyBanc with a Buy, and price target of $36. Click Here for more color;

  • Piper Jaffray with an Overweight and $35 price target;

  • Lazard Capital with a Buy and a price target of $39; and

  • Baird with a Neutral, and price target of $34.
Brio Bravo (Nasdaq: BBRG) also initiated by a handful of firms today:
  • Wells Fargo with an Outperform and valuation range of $21 - $22. Click Here for more color;

  • KeyBanc with a Buy and $21 price target. Click Here for more color;

  • Jefferies with a Buy and $22 price target. Click Here for more color; and

  • Morgan Keegan with an Outperform, and price target of $22.
Goldman Sachs initiates coverage on Diana Shipping (NYSE: DSX) with a Buy rating and $17 price target.

Piper Jaffray initiates coverage on Somaxon Pharma (Nasdaq: SOMX) with an Overweight rating and a $7 price target.

Jefferies initiates coverage on Illinois Tool Works (NYSE: ITW) with a Buy and $60 price target. Click Here for more color.

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

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Credit Suisse, Piper Jaffray, Citi, KeyBanc, Jefferies & Co, Robert W Baird, Lazard, Argus, Morgan Keegan & Company, Notable Analyst Rating Changes, Auriga

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