Notable Analyst Rating Changes 9/23: (PRU) (KS) (COG) Upgraded; (BDX) (AGR) (RDC) Downgraded

September 23, 2016 10:45 AM EDT

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UPGRADES
Goldman Sachs upgrades Prudential Financial (NYSE: PRU) from Neutral to Conviction Buy and moves its price target from $80 to $93. Click Here for more color.

Deutsche Bank raises KapStone Paper & Packaging (NYSE: KS) from Hold to Buy and moves its price target from $15 to $23. Click Here for more color.

Raymond James lifts Cabot Oil & Gas (NYSE: COG) from Market Perform to Strong Buy with a price target of $30.

Barclays assumes coverage on Wal-Mart (NYSE: WMT) with an Overweight rating and a price target of $87.

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

DOWNGRADES
Citi drops Becton Dickinson (NYSE: BDX) from Neutral to Sell with a price target of $165.

JPMorgan downgrades AVANGRID (NYSE: AGR) from Neutral to Underweight and drops its price target from $44 to $41.

Credit Suisse lowers Rowan Companies (NYSE: RDC) from Outperform to Neutral and moves its price target from $15 to $13.

Goldman Sachs cuts Grupo Santander Mexico (NYSE: BSMX) from Neutral to Sell.

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

NEW COVERAGE
Morgan Stanley starts Electronic Arts (Nasdaq: EA) with an Overweight rating and a price target of $101.

Evercore ISI assumes HCA Holdings (NYSE: HCA) with a Buy rating and a price target of $89.

Wells Fargo begins Torchmark (NYSE: TMK) with an Underperform rating.

Barclays initiates Performance Food Group (NYSE: PFGC) with an Overweight rating and a price target of $28.

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

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