Notable Analyst Rating Changes 10/17: (FTNT) (C) (ORI) Upgraded; (MUR) (IBM) (CSCO) Downgraded

UPGRADES
Wunderlich Securities upgrades Fortinet (Nasdaq: FTNT) from Hold to Buy with a price target of $28.

CLSA raises Citi (NYSE: C) from Underperform to Buy, moving its price target from $31 up to $43.

Raymond James lifts Old Republic International (NYSE: ORI) from Market Perform to Outperform with a price target of $12.

Argus boosts Sprint (NYSE: S) from Hold to Buy.

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

DOWNGRADES
Barclays cuts Murphy Oil Corp. (NYSE: MUR) from Overweight to Equalweight with a price target of $70.

IBM (NYSE: IBM) lowered by two today:

• Janney Montgomery Scott from Buy to Neutral, moving its price target from $225 down to $209; and
  
  
• Societe Generale from Hold to Sell with a price target of $188.

Cantor Fitzgerald lowers Cisco (Nasdaq: CSCO) from Buy to Hold, lopping its target by $1 to $19.50. Click Here for more color.

Summer Street trims ISIS Pharmaceuticals (Nasdaq: ISIS) from Buy to Neutral.

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

NEW COVERAGE
Ascendiant Capital assumes StemCells (Nasdaq: STEM) at Buy and $2.60 target.

Credit Suisse initiates ADT (NYSE: ADT) with a Outperform and $45 target.

Lazard Capital starts American Axle (NYSE: AXL) with a Neutral.

JMP Securities begins Mellanox Technologies (Nasdaq: MLNX) at Market Perform.

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

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