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Notable Analyst Rating Changes 02/01: (FHN) (KWK) (ADM) Upgraded; (MWW) (TROW) (MAT) Downgraded

February 1, 2012 11:00 AM EST
UPGRADES
Wells Fargo upgrades First Horizon National (NYSE: FHN) from Market Perform to Outperform, its valuation range raised from $9 to $10 to a range of $10 to $11. Click Here for more color.

BofA/Merrill Lynch boosts Quicksilver Resources (NYSE: KWK) from Buy to Underperform.

BMO Capital raises Archer Daniels Midland (NYSE: ADM) from Market Perform to Outperform, its price target raised from $32 to $35.

Wells Fargo lifts Citi (NYSE: C) from Market Perform to Outperform, boosting its valuation range from $28 - $30 to $35 -$37. Click Here for more color.

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

DOWNGRADES
Oppenheimer reduces Monster Worldwide (NYSE: MWW) from Outperform to Perform. Click Here for more color.

T. Rowe Price (Nasdaq: TROW) lowered by two today:
  • Citi from Neutral to Sell; and

  • JPMorgan from Outperform to Neutral, price target lowered from $58 to $54.
Mattel Inc. (Nasdaq: MAT) Stifel Nicolaus from Buy to Hold with a price target of $30;and

  • Caris & Co. from Buy to Above Average.Stifel Nicolaus downgrades Newmont Mining Corp. (NYSE: NEM) from Buy to Hold.

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

    NEW COVERAGE
    Deutsche Bank initiates The Blackstone Group (NYSE: BX) with a Buy, and $19 price target. Click Here for more color.

    Wunderlich Securities begins Polypore International (NYSE: PPO) with a Sell and price target of $30.

    GARP Research assumes RealD (NYSE: RLD) at Buy.

    Credit Suisse restarts SunCoke Energy (NYSE: SXC) at Outperform and $17 price target.

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

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    Credit Suisse, Stifel, Deutsche Bank, JPMorgan, Citi, BMO Capital, Notable Analyst Rating Changes, Wunderlich Securities, Wells Fargo