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Notable Analyst Rating Changes 11/15: (IDIX) (RIMM) (RVBD) Upgraded; (STX) (WDC) (CS) Downgraded

November 15, 2011 11:06 AM EST
UPGRADES
Wedbush upgrades Idenix Pharmaceuticals Inc. (Nasdaq: IDIX) from Neutral to Outperform, price target raised from $6 to $11. Click Here for more color.

Northern Securities lifts Research In Motion Ltd. (Nasdaq: RIMM) from Sell to Speculative Buy with a price target of $26.

RBC Capital boosts Riverbed Technology (Nasdaq: RVBD) from Sector Perform to Outperform, price target raised from $28 to $35.

Goldman Sachs added Western Refining (NYSE: WNR) to its Conviction Buy List, its price target moves frm $19 to $23. Click Here for more color.

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

DOWNGRADES
Deutsche Bank lowers Seagate Technology (Nasdaq: STX) from Buy to Hold, its price target moves from $23 to $20. Click Here for more color.

Needham & Company lowers Western Digital Corp. (NYSE: WDC) from Buy to Hold. Click Here for more color.

Rochdale Securities' Dick Bove lowered Credit Suisse (NYSE: CS) from Buy to Neutral.

CapitalOne moves Chesapeake Energy (NYSE: CHK) from Strong Buy to Add.

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

NEW COVERAGE
BofA/Merrill Lynch initiates Fortinet (Nasdaq: FTNT) with a Buy, and $30 price target.

Dahlman Rose starts Teck Resources (NYSE: TCK) with a Buy, and $47 price target. Click Here for more color.

Morgan Stanley assumes CenterPoint Energy (NYSE: CNP) at Equalweight, and price target of $22.

JMP Securities begins Tibco Software, Inc. (Nasdaq: TIBX) with a Market Outperform, and $33 price target.

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

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Goldman Sachs Conviction Buy List, Credit Suisse, Deutsche Bank, Morgan Stanley, Needham & Company, RBC Capital, JMP Securities, Richard Bove, Notable Analyst Rating Changes