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Notable Analyst Rating Changes 09/07: (BCS) (RKT) (PTEN) Upgraded; (NVDA) (WY) (SGEN) Downgraded

September 7, 2012 11:19 AM EDT
UPGRADES
Deutsche Bank lifts Barclays (NYSE: BCS) from Hold to Buy with a 295 pence price target. Click Here for more color.

Goldman Sachs raises Rock-Tenn (NYSE: RKT) from Neutral to Conviction Buy and raised their price target from $56 to $83. Click Here for more color.

BMO Capital gave Patterson-UTI Energy (Nasdaq: PTEN) a two-nothc upgrade from Underperform to Outperform and moved its price target from $15 up to $20.

Sterne Agee pops Denbury Resources (NYSE: DNR) up from Neutral to Buy with a price target of $20.

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

DOWNGRADES
Cantor Fitzgerald trims NVIDIA (Nasdaq: NVDA) from Buy to Hold, chopping its price target from $20 down to $13.50. Click Here for more color.

Goldman Sachs downgrades Weyerhaeuser (NYSE: WY) from Conviction Buy to Neutral with a price target of $27. Click Here for more color.

Oppenheimer cuts Seattle Genetics (Nasdaq: SGEN) from Outperform to Perform, its price target lowered dropped from $28 to $27. Click Here for more color.

Audience, Inc. (Nasdaq: ADNC) cut by four firms following its Apple iPhone 5 warning Thursday night:
  • Pacific Crest from Outperform to Sector Perform;

  • JPMorgan from Overweight to Neutral with a price target chopped from $24 down to $10;

  • Deutsche Bank to Sell, slashing its price target from $22 to $5. Click Here for more color; and

  • Credit Suisse from Outperform to Underperform.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Lazard Capital starts Green Mountain Coffee Roasters (Nasdaq: GMCR) with a Buy with a price targt of $39.

Evercore Partners assumes Cisco (Nasdaq: CSCO) with a Equal Weight and $21 target.

FBR Capital initiates CSX (NYSE: CSX) with a Market Perform and $24 target.

Credit Suisse resumes GameStop (NYSE: GME) at Outperform and $28 price target.

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

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Credit Suisse, Deutsche Bank, Cantor Fitzgerald, JPMorgan, BMO Capital, Lazard, Sterne Agee, Barclays, Pacific Crest Securities, Notable Analyst Rating Changes