Notable Analyst Rating Changes 12/11: (CNX) (CBI) (MNST) Upgraded; (CBL) (ARW) (LPL) Downgraded


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December 11, 2012 11:04 AM EST Send to a Friend
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Price: $34.70 +2.15%

Overall Analyst Rating:
    BUY (Up Up)

Dividend Yield: 1.4%
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UPGRADES
Davenport upgrades CONSOL Energy (NYSE: CNX) from Neutral to Buy with a price target of $40.

Lazard Capital raises Chicago Bridge & Iron (NYSE: CBI) from Neutral to Buy.

Stifel Nicolaus boosts Monster Beverage (Nasdaq: MNST) from Hold to Buy with a price target of $65.

Morgan Stanley lifts CEMEX (NYSE: CX) from Underweight to Equalweight.

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

DOWNGRADES
Goldman Sachs lowers CBL & Associates (NYSE: CBL) from Buy to Neutral. Click Here for more color.

CLSA downgrades Arrow Electronics (NYSE: ARW) from Outperform to Underperform with a price target of $39.00.

Topeka Capital trims LG Display (NYSE: LPL) from Hold to Sell, moving its price target from $16.15 down to $12. Click Here for more color.

Goldman Sachs cuts EPR Properties (NYSE: EPR) from Buy to Neutral with a price target of $49. Click Here for more color.

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

NEW COVERAGE
Ruckus Wireless (NYSE: RKUS) started by a handful of firms Tuesday:
  • Oppenheimer at Outperform and $23 target. Click Here for more color;

  • Needham & Company at Buy rating and $21 price target. Click Here for more color;

  • Goldman Sachs at Neutral and $20 price target. Click Here for more color;

  • William Blair at Outperform;

  • Craig-Hallum with a Buy and $22 target; and

  • Deutsche Bank with a Hold and price target of $20. Click Here for more color.

JPMorgan initiates Aruba Networks (Nasdaq: ARUN) with a Neutral and $21 price target.

Dahlman Rose starts Occidental Petroleum (NYSE: OXY) at Buy and $86 price target. Click Here for more color.

Goldman Sachs resumes Gap, Inc. (NYSE: GPS) with a Buy and price target of $41. Click Here for more color.

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

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