Notable Analyst Rating Changes 5/2: (LLL) (SRPT) (VALE) Upgraded; (ARW) (GRPN) (ASPS) Downgraded

May 2, 2016 11:18 AM EDT

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UPGRADES
Goldman Sachs upgrades L-3 Communications (NYSE: LLL) from Neutral to Buy and moves its price target from $138 to $156. Click Here for more color.

Oppenheimer raises Sarepta Therapeutic (Nasdaq: SRPT) from Perform to Outperform with a price target of $60. Click Here for more color.

BB&T Capital lifts Vale S.A. (NYSE: VALE) from Hold to Buy with a price target of $10.

CLSA moves Starz (Nasdaq: STRZA) from Underperform to Outperform.

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

DOWNGRADES
Citi downgrades Arrow Electronics (NYSE: ARW) from Neutral to Sell.

RBC Capital drops Groupon, Inc. (Nasdaq: GRPN) from Sector Perform to Underperform and drops its price target from $4 down to $3. Click Here for more color.

Piper Jaffray lowers Altisource Portfolio Solutions (Nasdaq: ASPS) from Neutral to Underweight and lowers its price target from $24 to $16. Click Here for more color.

JPMorgan cuts Seagate Technology (Nasdaq: STX) from Neutral to Underweight and moves its price target from $30 down to $15.

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

NEW COVERAGE
Craig-Hallum initiates FuelCell Energy (Nasdaq: FCEL) with a Buy rating and a price target of $13.

Credit Suisse assumes coverage on Platform Specialty Products (NYSE: PAH) with a Neutral rating and a price target of $10.

RBC Capital starts MPLX LP (NYSE: MPLX) with an Outperform rating and a price target of $45.

Wells Fargo begins Banc of California (NYSE: BANC) with an Outperform rating.

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

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Credit Suisse, Piper Jaffray, JPMorgan, Goldman Sachs, Citi, RBC Capital, BB&T Capital Markets, Notable Analyst Rating Changes, Wells Fargo