Notable Analyst Rating Changes 10/31: (F) (CTRP) (ERIC) Upgraded; (BIDU) (WU) (RVBD) Downgraded

October 31, 2012 10:47 AM EDT
UPGRADES
Craig-Hallum boosts Ford (NYSE: F) from Neutral to Buy, raising its price target by $2 to $14.00.

Goldman Sachs upgrades Ctrip.com (Nasdaq: CTRP) from Sell to Buy, while increasing its price target from $15.50 to $25. Click Here for more color.

Cowen raises Ericsson (Nasdaq: ERIC) from Neutral to Outperform.

ISI Group lifts Extra Space Storage (NYSE: EXR) from Hold to Buy, adjusting its price target from $35 to $37.

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

DOWNGRADES
Western Union Co. (NYSE: WU) receiving a lot of non-love from Wall St. today:
  • CLSA from Underperform to Sell, dropping its PT from $18 down to $14.50;

  • Evercore Partners to Underweight, while halving its PT to $13;

  • Wells Fargo from Outperform to Market Perform with a price target of $18-$20 from $26-$28. Click Here for more color; and

  • SunTrust Robinson Humphrey from Buy to Neutral.

Citi downgraded Baidu (Nasdaq: BIDU) from Buy to Sell, slashing its price target from $191 to $95.

Riverbed Technology (Nasdaq: RVBD) trimmed by two firms:
  • Jefferies from Hold to Underperform, its price target dropped from $20 down to $16.25; and

  • Baird from Outperform to Neutral, lowering its price target by $4 to $24.

Raymond James cuts QEP Resources (NYSE: QEP) from Outperform to Market Perform.

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

NEW COVERAGE
LifeLock (NYSE: LOCK) initiated by two today:
  • BofA/Merrill Lynch at Buy and $12 price target; and

  • Canaccord Genuity also at Buy and $11 target.

Susser Petroleum Partners LP (NYSE: SUSP) started by two today:
  • RBC Capital with an Outperform and price target of $30; and

  • Raymond James at Outperform and $26 target.

Halcon Resources (Nasdaq: HK) started by no less than two Wednesday:
  • Goldman Sachs with a Neutral and $9 price target. Click Here for more color; and

  • JPMorgan at Neutral and price target of $8.

Two start Fleetmatics Group Limited (NYSE: FLTX) today:
  • Barclays at Overweight and $24 target; and

  • BofA/Merrill Lynch at Buy and price target of $26.


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JPMorgan, Citi, Raymond James, Jefferies & Co, Robert W Baird, RBC Capital, SunTrust Robinson Humphrey, Barclays, Notable Analyst Rating Changes, Cowen & Co, Wells Fargo, Canaccord Genuity