Notable Analyst Rating Changes 03/01: (DNR) (IACI) (FOE) Upgraded; (QEP) (TRIP) (WEN) Downgraded
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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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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
Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
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