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Notable Analyst Rating Changes 06/06: (LRE) (THC) (WRB) Upgraded; (ORCL) (BKS) (VRA) Downgraded

June 6, 2013 11:02 AM EDT
UPGRADES
Wells Fargo upgrades LRR Energy, L.P. (NYSE: LRE) from Market Perform to Outperform with a price target of $17. Click Here for more color.

Deutsche Bank lifts Tenet Healthcare (NYSE: THC) from Hold to Buy, moving its price target from $49 to $55. Click Here for more color.

BofA/Merrill Lynch boosts W.R. Berkley (NYSE: WRB) from Neutral to Buy.

Leerink Swann raises Endo Pharmaceuticals Holdings Inc (Nasdaq: ENDP) from Market Perform to Outperform, moving its price target from $37 to $48. Click Here for more color.

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

DOWNGRADES
Berenberg takes Oracle (Nasdaq: ORCL) down two notches from Buy to Sell.

Janney Montgomery Scott downgrades Barnes & Noble (NYSE: BKS) from Buy to Neutral with a price target of $20

Vera Bradley (Nasdaq: VRA) downgraded by several firms Thursday:
  • Piper Jaffray from Overweight to Neutral, cutting its price target from $32 to $24;

  • Baird from Outperform to Neutral; and

  • Wells Fargo from Outperform to Market Perform, moving its price target from $29 - $32 down to $23 - $25.

Morgan Stanley cuts First Horizon National (NYSE: FHN) from Overweight to Equalweight.

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

NEW COVERAGE
Canaccord Genuity initiates The ExOne Company (Nasdaq: XONE) with a Buy and $55 target. Click Here for more color.

Sterne Agee begins Nordstrom (NYSE: JWN) at Buy and price target of $70.

Jefferies resumes Freeport-McMoRan (NYSE: FCX) at Buy and $40 price target. Click Here for more color.

Imperial Capital assumes Green Mountain Coffee Roasters (Nasdaq: GMCR) at Outperform and $95 price target. Click Here for more color.

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

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Piper Jaffray, Deutsche Bank, Morgan Stanley, Jefferies & Co, Robert W Baird, Janney Montgomery Scott, Sterne Agee, Notable Analyst Rating Changes, Wells Fargo, Canaccord Genuity