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