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Equity Brief: Ratings Changes for December 17th: INFA, IT, JBLU, KKPNY, KRA, LCC, LPNT, MCP

Mon, 12/17/2012 - 6:13am
The Associated Press

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/equitybriefdaily) and Equity Brief:

Piper Jaffray upgraded shares of Informatica Co. (INFA) from a neutral rating to an overweight rating. Piper Jaffray now has a $36.00 price target on the stock, up previously from $28.00.

Northland Securities downgraded shares of Gartner, Inc. (IT) from an outperform rating to a market perform rating.

Dahlman Rose upgraded shares of Jetblue Airways Corp (JBLU) from a sell rating to a hold rating. Dahlman Rose now has a $4.50 price target on the stock.

HSBC downgraded shares of Koninklijke KPN (KKPNY) from a neutral rating to an underweight rating.

Oppenheimer lowered its price target on shares of Kraton Performance Polymers Inc (KRA) from $35.00 to $30.00. They have an outperform rating on the stock.

Dahlman Rose upgraded shares of US Airways Group, Inc. (LCC) from a hold rating to a buy rating. Dahlman Rose now has a $21.00 price target on the stock.

WallachBeth upgraded shares of Lifepoint Hospitals (LPNT) from a hold rating to a buy rating. WallachBeth now has a $42.00 price target on the stock, up previously from $41.00.

Goldman Sachs initiated coverage on shares of Molycorp, Inc. (MCP). They issued a neutral rating on the stock and set a $11.00 price target.

UBS AG initiated coverage on shares of Magnum Hunter (MHR). They issued a buy rating on the stock and set a $6.00 price target.

Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at http://bit.ly/equitybriefdaily

Content and Media Contact: newseditor@equitybrief.net

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Equity Brief via Thomson Reuters ONE

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