Notable Analyst Rating Changes 12/27: (CHMT) (KAR) Upgraded; (BCDS) (MRVL) Downgraded

December 27, 2012 10:25 AM EST Send to a Friend
UPGRADES
Longbow Research upgrades Chemtura Corp. (NYSE: CHMT) from Neutral to Buy with a price target of $26.

Stephens boosts Kar Auction (NYSE: KAR) from Equal Weight to Overweight, adjusting its price target from $19 up to $23.

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

DOWNGRADES
Jefferies downgrades BCD Semiconductor (Nasdaq: BCDS) from Buy to Hold.

JMP Securities cuts Marvell (Nasdaq: MRVL) from Market Outperform to Market Perform. Click Here for more color.

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

NEW COVERAGE
Capstone Investments begins Covanta (NYSE: CVA) at Buy and $23 target.

Buckingham Research initiates Burger King Worldwide (NYSE: BKW) with a Neutral and price target of $18.

Wells Fargo starts Connecticut Water Services Inc. (Nasdaq: CTWS) at Market Perform rating and $32 to $33 valuation range. Click Here for more color.

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Jefferies & Co, JMP Securities, Longbow Research, Buckingham Research, Notable Analyst Rating Changes, Capstone Investments, Wells Fargo

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