Notable Analyst Rating Changes 02/21: (PAAS) (STX) (SIG) Upgraded; (GRPN) (WMT) (PHG) Downgraded

February 21, 2014 10:31 AM EST
UPGRADES
TD Securities upgrades Pan American Silver (Nasdaq: PAAS) from Hold to Buy, while lifting its price target from $14 up to $19. Click Here for more color.

RBC Capital moves Seagate Technology (Nasdaq: STX) from Sector Perform to Outperform with a price target of $60.

Sterne Agee raises Signet Jewelers (NYSE: SIG) from Neutral to Buy with a price target of $120.

Global Hunter Securities moves REX Energy (Nasdaq: REXX) from Neutral to Accumulate with a price target of $22. Click Here for more color.

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

DOWNGRADES
RBC Capital chops Groupon, Inc. (Nasdaq: GRPN) from Sector Perform to Underperform and moves its price target from $11 down to $7. Click Here for more color.

Wal-mart (NYSE: WMT) downgraded by two today:
    Gilford Securities from Buy to Neutral.


  • Stifel Nicolaus from Buy to Hold and removed its $83 price target.
Exane BNP Paribas cuts Philips Electronics (NYSE: PHG) from Neutral to Underperform.

Stifel lowers Nordstrom (NYSE: JWN) from Buy to Hold and removes its $65 price target. Click Here for more color.

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

NEW COVERAGE
Oppenheimer assumes Whole Foods Market (Nasdaq: WFM) at Outperform and $63 price target.

Drexel Hamilton initiates ON Semi (Nasdaq: ONNN) at Buy and price target of $12.

Piper Jaffray begins BioCryst Pharma (Nasdaq: BCRX) with an Overweight and price target of 17.

BB&T Capital starts Restoration Hardware (NYSE: RH) with a Buy

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

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Piper Jaffray, Stifel, RBC Capital, Sterne Agee, BB&T Capital Markets, Notable Analyst Rating Changes