Notable Analyst Rating Changes 9/19: (LMT) (TRGP) (BKFS) Upgraded; (SERV) (WU) (PYPL) Downgraded

September 19, 2016 10:46 AM EDT

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UPGRADES
Wells Fargo upgrades Lockheed Martin (NYSE: LMT) from Market Perform to Outperform.

Goldman Sachs raises Targa Resources (NYSE: TRGP) from Neutral to Buy with a price target of $52.

Keefe, Bruyette & Woods lifts Black Knight Financial Services (NYSE: BKFS) from Market Perform to Outperform.

CapitalOne boosts Nabors (NYSE: NBR) from Equal-weight to Overweight with a price target of $13.

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

DOWNGRADES
Nomura Securities drops ServiceMaster (NYSE: SERV) from Neutral to Reduce and moves its price target from $36 to $31. Click Here for more color.

Susquehanna lowers Western Union Co. (NYSE: WU) from Neutral to Negative with a price target of $17.

Canaccord Genuity cuts PayPal (Nasdaq: PYPL) from Buy to Hold and moves its price target from $45 to $40.

Stifel downgrades Vanguard Natural Resources (Nasdaq: VNR) from Hold to Sell with a price target of $0.50. Click Here for more color.

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

NEW COVERAGE
Canaccord Genuity initiates coverage on Energen (NYSE: EGN) with a Buy rating and a price target of $66.

Credit Suisse resumes Callidus Software (Nasdaq: CALD) with a Outperform rating and a price target of $22. Click Here for more color.

SunTrust Robinson Humphrey begins ConforMIS (Nasdaq: CFMS) with a Buy rating and a price target of $14.

BofA/Merrill Lynch starts Cerner (Nasdaq: CERN) with a Neutral rating and a price target of $67.

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Credit Suisse, Stifel, Keefe, Bruyette & Woods, Goldman Sachs, Merrill Lynch, Bank of America, SunTrust Robinson Humphrey, Nomura, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Vanguard, Wells Fargo, Canaccord Genuity

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