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Notable Analyst Rating Changes 11/15: (TCAP) (BHI) (HK) Upgraded; (IAG) (WLT) (CVC) Downgraded

November 15, 2012 10:49 AM EST
UPGRADES
Triangle Capital (NYSE: TCAP) raised by three firms today:
  • Stifel Nicolaus from Hold to Buy;

  • Raymond James from Outperform to Strong Buy with a price target of $26.50; and

  • Baird) from Neutral to Outperform, moving its price target from $24 to $27.

CLSA upgrades Baker Hughes (NYSE: BHI) from Outperform to Buy.

CapitalOne raises Halcon Resources (NYSE: HK) from Add to Strong Buy.

Credit Suisse boosts Abercrombie & Fitch (NYSE: ANF) from Underperform to Neutral, raising its price target from $32 up to $46.

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

DOWNGRADES
IAMGOLD (NYSE: IAG) lowered by two today:
  • Credit Suisse from Neutral to Underperform; and

  • CIBC from Sector Outperform to Sector Perform.

BofA/Merrill Lynch trims Walter Energy (NYSE: WLT) from Neutral to Underperform.

Goldman Sachs cuts Cablevision (NYSE: CVC) from Neutral to Sell, moving its price target from $15 down to $11. Click Here for more color.

Teavana Holdings (NYSE: TEA) reduces by two today as well:
  • William Blair from Outperform to Market Perform; and

  • KeyBanc from Buy to Hold. Click Here for more color.

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

NEW COVERAGE
Wells Fargo assumes Harmon International (NYSE: HAR) at Market Perform rating and $41 to $45 valuation range. Click Here for more color.

Deutsche Bank initiates Westport Innovations (Nasdaq: WPRT) with a Buy and $38 price target. Click Here for more color.

FBR Capital starts Nationstar Mortgage (NYSE: NSM) at Outperform and $30 target.

National Securities begins AT&T (NYSE: T) at Neutral.

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

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Credit Suisse, Stifel, Deutsche Bank, William Blair, KeyBanc, Raymond James, CIBC, Robert W Baird, Notable Analyst Rating Changes, Wells Fargo