Notable Analyst Rating Changes 10/03: (CSX) (AXL) (SMTC) Upgraded; (AMRN) (POT) (TXN) Downgraded

October 3, 2012 11:16 AM EDT
UPGRADES
Bernstein upgrades CSX (NYSE: CSX) from Underperform to Market Perform.

RBC Capital boosts American Axle (NYSE: AXL) from Sector Perform to Outperform, moving its price target from $13 to $16.

Lazard Capital lifts Semtech Corp. (Nasdaq: SMTC) from Neutral to Buy.

UBS raises Thoratec (Nasdaq: THOR) from Neutral to Buy.

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

DOWNGRADES
Wedbush downgrades Amarin Corporation (Nasdaq: AMRN) from Outperform to Neutral, moving its price target from $22 to $15. Click Here for more color.

Lazard Capital trims Potash Corp. (NYSE: POT) from Buy to Hold.

Pacific Crest cuts Texas Instruments (Nasdaq: TXN) from Outperform to Sector Perform.

BofA/Merrill Lynch cuts Cbeyond (Nasdaq: CBEY) from Neutral to Underperform.

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

NEW COVERAGE
BB&T Capital assumes Vale S.A. (NYSE: VALE) at Hold.

UBS initiates Westport Innovations (Nasdaq: WPRT) with a Buy and price target of $38.

Stephens begins O'Reilly Automotive (Nasdaq: ORLY) with a Overweight and $98 target.

William Blair starts Michael Kors (NYSE: KORS) with a Outperform.

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

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 StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

UBS, William Blair, Lazard, RBC Capital, BB&T Capital Markets, Pacific Crest Securities, Notable Analyst Rating Changes