Notable Analyst Rating Changes 02/28: (JOY) (EIX) (CWH) Upgraded; (GRPN) (RVBD) (SKS) Downgraded

February 28, 2013 10:51 AM EST
UPGRADES
Credit Agricole upgrades Joy Global (NYSE: JOY) from Underperform to Buy, adjusting its price target from $72 to $78.

BMO Capital boosts Edison International (NYSE: EIX) from Market Perform to Outperform, moving its price target from $47 up to $56.

Stifel Nicolaus lifts Commonwealth REIT (NYSE: CWH) from Sell to Hold.

Piper Jaffray boosts Lamar Advertising (Nasdaq: LAMR) from Underweight to Neutral, moving its price target from $22 up to $43.

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

DOWNGRADES
Groupon, Inc. (Nasdaq: GRPN) lowered by several firms:
  • Wells Fargo from Outperform to Market Perform and lowers its valuation range to $5.00 to $6.00 from and range of $6.00 to $7.00. Click Here for more color.;

  • Raymond James from Market Perform to Underperform; and

  • BofA/Merrill Lynch from Neutral to Underperform.

Sterne Agee chops Riverbed Technology (Nasdaq: RVBD) from Buy to Neutral with a price target of $24.

Morgan Stanley downgrades Saks Inc. (NYSE: SKS) from Equalweight to Underweight.

UBS trims Whiting Petroleum (NYSE: WLL) from Buy to Neutral.

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

NEW COVERAGE
Mizuho Securities assumes Fusion-io (NYSE: FIO) at Buy and a price target of $22. Click Here for more color.

BMO Capital starts eBay (Nasdaq: EBAY) with a Outperform and $64 price target.

Citi begins Axiall Corporation (NYSE: AXLL) at Neutral and price target of $60.

Bernstein initiates Corning (NYSE: GLW) with a Outperform and $15.20 price target.

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

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Piper Jaffray, Stifel, UBS, Citi, Raymond James, Morgan Stanley, BMO Capital, Sterne Agee, Notable Analyst Rating Changes, Credit Agricole, Wells Fargo