Notable Analyst Rating Changes 1/29: (POT) (BAC) (JCP) Upgraded; (DRI) (SPR) (PCP) Downgraded

January 29, 2016 10:37 AM EST

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UPGRADES

Scotia Capital upgrades Potash Corp. (NYSE: POT) from Sector Perform to Sector Outperform and moves its price target from $24 to $18. Click Here for more color.

CLSA boosts Bank of America (NYSE: BAC) from Sell to Outperform with a price target of $16.

Credit Suisse lifts J. C. Penney (NYSE: JCP) from Underperform to Neutral with a price target of $7. Click Here for more color.

Jefferies upgraded CEMEX (NYSE: CX) from Hold to Buy, but moves its price target from $8 to $7. Click Here for more color.

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

DOWNGRADES
Raymond James downgrades Darden Restaurants (NYSE: DRI) from Market Perform to Underperform.

Goldman Sachs drops Spirit AeroSystems (NYSE: SPR) from Neutral to Sell and moves its price target from $52 down to $37.

Gabelli lowers Precision Castparts (NYSE: PCP) from Buy to Sell.

Sterne Agee CRT cuts Cypress Semi (Nasdaq: CY) from Buy to Neutral with a price target of $8. Click Here for more color.

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

NEW COVERAGE
Guggenheim initiates NRG Energy (NYSE: NRG) with a Buy rating and a price target of $16.

BMO Capital starts Diamondback Energy (Nasdaq: FANG) with an Outperform rating and a price target of $74.

SunTrust Robinson Humphrey begins Juno Therapeutics (Nasdaq: JUNO) with a Buy rating and a price target of $50.

Canaccord Genuity assumes Precision Drilling (NYSE: PDS) with a Hold rating.

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

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