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Notable Analyst Rating Changes 12/17: (INFA) (ALU) (DAL) Upgraded; (AAPL) (SD) (TXN) Downgraded

December 17, 2012 10:57 AM EST
UPGRADES
Piper Jaffray upgrades Informatica (Nasdaq: INFA) from Neutral to Overweight, moving its price target from $28 to $36.

Dahlman Rose lifts Delta Air Lines (NYSE: DAL) from Hold to Buy with a price target of $19. Click Here for more color.

Natixis boosts Alcatel-Lucent (NYSE: ALU) from Neutral to Buy.

Sterne Agee raises ON Semi (Nasdaq: ONNN) from Neutral to Buy, adjusting its price target from $7 to $9.

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

DOWNGRADES
Citi downgrades Apple (Nasdaq: AAPL) from Buy to Neutral, lowering its price target from $675 down to $575. Click Here for more color.

Canaccord Genuity cuts SandRidge Energy (NYSE: SD) from Hold to Sell with a price target of $4.

Sterne Agee lowers Texas Instruments (Nasdaq: TXN) from Neutral to Underperform.

Global Hunter Securities reduces Endeavour International (NYSE: END) from Buy to Accumulate, moving its price target from $13 down to $9. Click Here for more color.

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

NEW COVERAGE
Northland Securities assumes MeetMe (NYSE: MEET) at Outperform and $5.25 price target.

Morgan Stanley initiates Dean Foods (NYSE: DF) with an Overweight and $22 price target.

YY, Inc. (Nasdaq: YY) stated by three firms today:
  • Piper Jaffray at Neutral and $15 target;

  • Pacific Crest with a Sector Perform; and

  • Deutsche Bank with a Hold rating and price target on $13.66 citing valuation. Click Here for more color.

Goldman Sachs begins Molycorp (NYSE: MCP) with a Neutral rating and $11 price target. Click Here for more color.

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Piper Jaffray, Deutsche Bank, Citi, Morgan Stanley, Sterne Agee, Pacific Crest Securities, Notable Analyst Rating Changes, Northland Securities, Canaccord Genuity