Notable Analyst Rating Changes 2/12: SLB, TWX, LCAPA Upgraded; MBI, PNM, BHI Downgraded

February 12, 2008 9:36 AM EST

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Bear Stearns upgrades Schlumberger (NYSE: SLB) from Peer Perform to Outperform.

UBS upgrades Time Warner (NYSE: TWX) from Neutral to Buy.

Lehman Bros. upgrades Liberty Media (Nasdaq: LCAPA) from Equalweight to Overweight, citing positive catalysts. Price target increased to $145 from $133.

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

DOWNGRADES:
Piper Jaffray downgrades MBIA Inc. (NYSE: MBI) from Buy to Neutral and lowers its price target from $17 to $15.

Lehman Brothers and Citi downgrade PNM Resources (NYSE: PNM) to Equalweight and Hold, respectively.

UBS downgrades Baker Hughes (NYSE: BHI) from Buy to Neutral. Price target $72.

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

NEW COVERAGE:
Deutsche Bank initiates coverage on Capstead Mortgage (NYSE: CMO) with a Buy rating and an $18 price target.

BMO Capital initiates coverage on Bionovo (Nasdaq: BNVI) with a Market Perform rating. Price target $3.50.

Needham & Co initiates coverage on Synchronoss Technologies (Nasdaq: SNCR) with a Buy. Price target $24.

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


Related Categories

Special Reports

Stocks Mentioned

BHI 26.25

-10.20 -27.98%
Volume: 458,363
Track BHI

BNVI 0.53

-0.04 -7.02%
Volume: 61,549
Track BNVI

CMO 29.84

+17.20 +136.08%
Volume: 430,025
Track CMO

LCAPA 12.82

-0.57 -4.26%
Volume: 289,307
Track LCAPA

MBI 25.03

+20.82 +494.54%
Volume: 439,295
Track MBI

PNM 26.37

+15.38 +139.95%
Volume: 427,830
Track PNM

SLB 27.58

-26.70 -49.19%
Volume: 438,823
Track SLB

SNCR 12.64

-0.28 -2.17%
Volume: 162,209
Track SNCR

TWX 28.67

+3.33 +13.14%
Volume: 437,587
Track TWX


Related Entities


Add Your Comment