Notable Analyst Rating Changes 8/9: (HL) (VALE) (DISH) Upgraded; (PACD) (INO) (WM) Downgraded

August 9, 2016 10:14 AM EDT

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UPGRADES
JPMorgan upgrades Hecla Mining (NYSE: HL) from Neutral to Overweight with a price target of $8.

Morgan Stanley lifts Vale S.A. (NYSE: VALE) from Underweight to Equalweight.

Macquarie raises Dish Network (Nasdaq: DISH) from Neutral to Outperform with a price target of $62. Click Here for more color.

Simmons moves Chevron (NYSE: CVX) from Neutral to Overweight and moves its price target from $110 up to $117. Click Here for more color.

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

DOWNGRADES
Deutsche Bank drops Pacific Drilling S.A. (NYSE: PACD) from Buy to Hold and moves its price target from $10 down to $6. Click Here for more color.

Maxim Group lowers Inovio Pharmaceuticals (Nasdaq: INO) from Buy to Hold. Click Here for more color.

Barclays cuts Waste Management (NYSE: WM) from Overweight to Equalweight and moves its price target from $66 to $70.

Macquarie downgrades Patterson-UTI Energy (Nasdaq: PTEN) from Neutral to Underperform with a price target of $14.

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

NEW COVERAGE
Morgan Stanley initiates Goldcorp (NYSE: GG) with an Overweight rating and a price target of $22.

Goldman Sachs assumes coverage on MercadoLibre (Nasdaq: MELI) with a Neutral rating and a price target of $170.

Jefferies starts coverage on Fiat Chrysler Automobiles NV (NYSE: FCAU) with a Buy rating with a €7.5 price target. Click Here for more color.

Seaport Global Securities begins General Motors (NYSE: GM) with a Buy rating and a price target of $42.

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

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