Notable Analyst Rating Changes 12/31: (FB) (PMFG) (BMY) Upgraded; (FOE) Downgraded
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UPGRADES
BMO Capital upgrades Facebook (Nasdaq: FB) from Underperform to Outperform, more than doubling its price target from $15 to $32. Click Here for more color.
Needham & Company hoists PMFG, Inc. (Nasdaq: PMFG) up from Hold to Buy with a price target of $11. Click Here for more color.
Atlantic Equities lifts Bristol-Myers Squibb Co. (NYSE: BMY) from Underweight to Neutral.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Monness, Crespi, Hardt downgrades Ferro Corp. (NYSE: FOE) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
WhiteHorse Finance (Nasdaq: WHF) started by four firms today:
Piper Jaffray initiates Galena Biopharma (Nasdaq: GALE) with an Overweight and $2.50 price target.
Goldman Sachs assumes Alon USA Energy (NYSE: ALJ) at Buy and $21 price target. Click Here for more color.
Barrington Research begins TranS1 Inc (Nasdaq: TSON) with a Outperform and $4 target.
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BMO Capital upgrades Facebook (Nasdaq: FB) from Underperform to Outperform, more than doubling its price target from $15 to $32. Click Here for more color.
Needham & Company hoists PMFG, Inc. (Nasdaq: PMFG) up from Hold to Buy with a price target of $11. Click Here for more color.
Atlantic Equities lifts Bristol-Myers Squibb Co. (NYSE: BMY) from Underweight to Neutral.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Monness, Crespi, Hardt downgrades Ferro Corp. (NYSE: FOE) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
WhiteHorse Finance (Nasdaq: WHF) started by four firms today:
- Stifel Nicolaus at Buy and $16 price target;
- Citi with a Buy and price target of $16;
- JPMorgan at Overweight; and
- Baird with an Outperform and $17 price target.
Piper Jaffray initiates Galena Biopharma (Nasdaq: GALE) with an Overweight and $2.50 price target.
Goldman Sachs assumes Alon USA Energy (NYSE: ALJ) at Buy and $21 price target. Click Here for more color.
Barrington Research begins TranS1 Inc (Nasdaq: TSON) with a Outperform and $4 target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
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Piper Jaffray, Stifel Nicolaus, JPMorgan, Citi, Robert W Baird, Needham & Company, BMO Capital, Notable Analyst Rating Changes
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