Notable Analyst Rating Changes 8/16: (SHEN) (DVN) (CHK) Upgraded; (RUBI) (PSG) (JPM) Downgraded

August 16, 2016 10:19 AM EDT

Get access to the best calls on Wall Street with's Ratings Insider Elite. Get your Free Trial here.

Raymond James upgrades Shenandoah Telecommunications (Nasdaq: SHEN) from Market Perform to Outperform with a price target of $33.

Devon Energy (NYSE: DVN) Added to US1 List at BofA/Merrill Lynch.

CapitalOne raises Chesapeake Energy (NYSE: CHK) from Underweight to Equal-weight.

BofA/Merrill Lynch lifts Marathon Oil (NYSE: MRO) from Neutral to Buy with a price target of $21.

For daily real-time Upgrades go to

First Analysis downgraded The Rubicon Project, Inc. (NYSE: RUBI) from Overweight to Equal Weight and moves its price target from $22 down to $10.50.

Wedbush downgraded Performance Sports Group (NYSE: PSG) from Outperform to Neutral while reducing its price target from $5 to $2.50. Click Here for more color.

Bernstein downgraded JPMorgan (NYSE: JPM) from Outperform to Market Perform with a price target of $67.

Deutsche Bank downgraded Ocean Rig UDW (Nasdaq: ORIG) from Buy to Hold and moves its price target from $4 down to $1. Click Here for more color.

For daily real-time Downgrades go to

Wells Fargo initiates Continental Resources (NYSE: CLR) with an Outperform rating.

Cowen starts Broadwind Energy (Nasdaq: BWEN) with an Outperform rating and a price target of $6.

Jefferies assumes Grubhub (NYSE: GRUB) with a Hold rating and $43 price target. Click Here for more color.

Oppenheimer begins IBM (NYSE: IBM) with a Perform rating. Click Here for more color.

For daily real-time New Coverage go to

Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Special Reports

Related Entities

Deutsche Bank, JPMorgan, Raymond James, Jefferies & Co, Merrill Lynch, Bank of America, Sanford C. Bernstein, First Analysis, Notable Analyst Rating Changes, Cowen & Co, Wells Fargo

Add Your Comment