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Notable Analyst Rating Changes 03/01: (DNR) (IACI) (FOE) Upgraded; (QEP) (TRIP) (WEN) Downgraded

March 1, 2012 11:26 AM EST
UPGRADES
Sterne Agee upgrades Denbury Resources (NYSE: DNR) from Underperform to Neutral.

BofA/Merrill Lynch boosts IAC/InterActiveCorp (Nasdaq: IACI) from Neutral to Buy.

Monness, Crespi, Hardt lifts Ferro Corp. (NYSE: FOE) from Neutral to Buy with a new price target of $8.

CapitalOne raises Carrizo Oil & Gas (Nasdaq: CRZO) from Neutral to Add, price target raised from $23 to $32.

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

DOWNGRADES
Sterne Agee downgrades QEP Resources (NYSE: QEP) from Neutral to Underperform.

BofA/Merrill Lynch reduces TripAdvisor (Nasdaq: TRIP) from Buy to Neutral.

Janney Montgomery Scott cuts Wendy's (Nasdaq: WEN) from Buy to Neutral, its price target lowered from $6.25 to $5.50.

Canaccord Genuity trims SandRidge Energy (NYSE: SD) from Hold to Sell, lowering its target from $7 to $6. Click Here for more color.

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

NEW COVERAGE
Credit Suisse restarts Fusion-io (NYSE: FIO) with an Outperform and $50 price target. Click Here for more color.

Wedbush initiates Liz Claiborne (NYSE: LIZ) with an Outperform and $12 target. Click Here for more color.

William Blair assumes Savient Pharmaceuticals (Nasdaq: SVNT) at Outperform.

Bernstein starts Invesco (NYSE: IVZ) with a Market Perform, with a $25 target.

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

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Credit Suisse, William Blair, Janney Montgomery Scott, Sterne Agee, Notable Analyst Rating Changes, Earnings