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Notable Analyst Rating Changes 04/23: (JAKK) (RF) (LGF) Upgraded; (PGR) (FSLR) (LEN) Downgraded

April 23, 2012 10:57 AM EDT
UPGRADES
JAKKS Pacific (Nasdaq: JAKK) nudged higher at two firms:
  • Stifel Nicolaus from Hold to Buy; and

  • Needham & Company from Hold to Buy with a price target of $22.
Barclays upgrades Heartware Int'l (Nasdaq: HTWR) from Equalweight to Overweight, maintaining a price target of $80.

Miller Tabak lifts Regions Financial (NYSE: RF) from Hold to Buy.

Caris & Co. raises Lions Gate (NYSE: LGF) from Average to Above Average.

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

DOWNGRADES
Citi trims Progressive Corp. (NYSE: PGR) from Buy to Neutral.

CRT Capital lops Lennar (NYSE: LEN) from Buy to Fairly Valued, maintaining a price target of $25.

Maxim Group lowers First Solar (Nasdaq: FSLR) from Hold to Sell while reestablishing a $9 price target.

Susquehanna cuts Huntington Bancshares (Nasdaq: HBAN) from Positive to Neutral.

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

NEW COVERAGE
Nationstar Mortgage Holdings (NYSE: NSM) started by several firms Monday:
  • Wells Fargo at Outperform with a price target range of $17 tp $19. Click Here for more color.;

  • BofA/Merrill Lynch with a Buy and $18 target;

  • Citi at Buy and $18 target;

  • Credit Suisse with an Outperform and $20 target.
Roth Capital reinstates CytRx Corp (Nasdaq: CYTR) with a Buy and $2 target.

Morgan Stanley initiates F5 Networks (Nasdaq: FFIV) with a Overweight and target of $155.

TD Securities commences Research In Motion Ltd. (Nasdaq: RIMM) with a Hold and $16 price target. Click Here for more color.

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Credit Suisse, Stifel, Citi, Morgan Stanley, Needham & Company, Roth Capital, Barclays, Maxim Group, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Wells Fargo