Wednesday, March 28, 2012

Rex (REXX) (WFT) (OSG) (TNK) (TNP) (OXF) (HTS) Ratings, Price Targets

Rex Energy (REXX), Weatherford (WFT), Overseas Shipholding Group Inc. (OSG), Teekay Tankers Ltd. (TNK), Tsakos Energy Navigation (TNP), Oxford Resource Partners (OXF) and Hatteras Financial Corp. (HTS) had ratings and price targets on them adjusted by analysts.

Capital One upgraded Rex Energy (REXX) to a "Neutral" rating.

Guggenheim downgraded Weatherford (WFT) from a "Buy" rating to a "Neutral" rating.

Dahlman Rose upgraded Overseas Shipholding Group Inc. (OSG) from a "Sell" rating to a "Hold" rating.

Dahlman Rose upgraded Teekay Tankers Ltd. (TNK) from a "Hold" rating to a "Buy" rating. They have a price target of $7.00 on the company.

Dahlman Rose upgraded Tsakos Energy Navigation (TNP) from a "Hold" rating to a "Buy" rating. They have a price target of $12.00 on the company.

Raymond James downgraded Oxford Resource Partners (OXF) from an "Outperform" rating to an "Underperform" rating.

Deutsche Bank upgraded Hatteras Financial Corp. (HTS) from a "Hold" rating to a "Buy" rating.

Friday, March 23, 2012

Peabody (BTU) (CNX) (CAM) (DRQ) (LINE) (DG) Ratings, Price Targets

Peabody Energy Corp. (BTU), CONSOL Energy Inc. (CNX), Cameron (CAM), Dril-Quip (DRQ), Linn Energy, LLC (LINE) and Dollar General (DG) had ratings and price targets on them adjusted by analysts.

Davenport downgraded Peabody Energy Corp. (BTU) from a "Buy" rating to a "Neutral" rating.

Davenport downgraded CONSOL Energy Inc. (CNX) from a "Buy" rating to a "Neutral" rating.

RBC Capital upgraded Cameron (CAM) from a "Outperform" rating to a "Top Pick" rating.

Tudor Pickering upgraded Dril-Quip (DRQ) to an "Accumulate" rating.

Bank of America initiated coverage on Linn Energy, LLC (LINE). They placed a "Buy" rating on the company.

Nomura upgraded Dollar General (DG) from a "Neutral" rating to a "Buy" rating.

Thursday, March 22, 2012

Exxon (XOM) (EMR) (GLF) (HOS) (SUBCY) (XEC) Ratings, Price Targets

Exxon Mobil (XOM), Emerson Electric Co. (EMR), Gulfmark Offshore (GLF), Hornbeck Offshore (HOS), Subsea 7 SA (SUBCY) and Cimarex Energy Co. (XEC) had ratings and price targets on them adjusted by analysts.

JPMorgan Chase & Co. upgraded Exxon Mobil (XOM) from an "Underweight" rating to a "Neutral" rating.

Nomura upgraded Emerson Electric Co. (EMR) from a "Neutral" rating to a "Buy" rating.

Morgan Stanley initiated coverage on Gulfmark Offshore (GLF). They placed an "Equal Weight" rating on the company.

Morgan Stanley initiated coverage on Hornbeck Offshore (HOS). They placed an "Equal Weight" rating on the company.

JPMorgan Chase & Co. upgraded Subsea 7 SA (SUBCY) from a "Neutral" rating to a "Overweight" rating.

Caris & Co. initiated coverage on Cimarex Energy Co. (XEC). They placed an "Average" rating on the company.

Wednesday, March 21, 2012

Hercules (HERO) (STI) (NI) (OSHC) (NWSA) (NRGY) Ratings, Price Targets

Hercules Offshore, Inc. (HERO), SunTrust (STI), Nisource (NI), Ocean Shore Holding (OSHC), News Corp. (NWSA) and Inergy (NRGY) had ratings and price targets on them adjusted by analysts.

FBR Capital upgraded Hercules Offshore, Inc. (HERO) from a "Underperform" rating to a "Market Perform" rating. They have a price target of $5.75 on the company.

Guggenheim downgraded SunTrust (STI) from a "Buy" rating to a "Neutral" rating.

KeyBanc upgraded Nisource (NI) from a "Hold" rating to a "Buy" rating. They have price target of $26.50 on the company.

Sandler O'Neill downgraded Ocean Shore Holding (OSHC) from a "Buy" rating to a "Hold" rating.

Macquarie upgraded News Corp. (NWSA) from a "Underperform" rating to a "Neutral" rating.

Credit Suisse initiated coverage on Inergy (NRGY). They have an "Outperform" rating on the company.

Tuesday, March 20, 2012

RRI (GEN) (NE) (OGZPY) (DO) (HERO) (NOG) (UPS) Ratings, Price Targets

RRI Energy, Inc. (GEN), Noble (NE), Gazprom OAO (OGZPY), Diamond Offshore Drilling, Inc. (DO), Hercules Offshore, Inc. (HERO), Northern Oil & Gas, Inc. (NOG) and United Parcel Service, Inc. (UPS) had ratings and price targets on them adjusted by analysts.

Deutsche Bank downgraded RRI Energy, Inc. (GEN) from a "Hold" rating to a "Sell" rating.

Macquarie downgraded Noble (NE) from a "Outperform" rating to a "Neutral" rating.

Citigroup downgraded Gazprom OAO (OGZPY) Buy" rating to a "Neutral" rating.

Macquarie upgraded Diamond Offshore Drilling, Inc. (DO) from a "Underperform" rating to a "Neutral" rating.

Macquarie upgraded Hercules Offshore, Inc. (HERO) from a "Underperform" rating to a "Neutral" rating.

SunTrust upgraded Northern Oil & Gas, Inc. (NOG) from a "Neutral" rating to a "Buy" rating.

Stifel Nicolaus downgraded United Parcel Service, Inc. (UPS) from a "Buy" rating to a "Hold" rating.

Monday, March 19, 2012

Devon (DVN) (RSOL) (SOL) (ESV) (EXM) (SXC) (PETD) (SUBCY) Ratings, Price Targets

Devon Energy Co. (DVN), Real Goods Solar, Inc. (RSOL), ReneSola Ltd. (SOL), ENSCO PLC (ESV), Excel Maritime Carriers Ltd (EXM), Suncoke Energy (SXC), Petroleum Development Co. (PETD) and Subsea 7 SA (SUBCY) had ratings and price targets on them adjusted by analysts.

Cantor Fitzgerald downgraded Real Goods Solar, Inc. (RSOL) from a "Buy" rating to a "Hold" rating.

Macquarie downgraded ReneSola Ltd. (SOL) from a "Neutral" rating to a "Underperform" rating.

Goldman Sachs upgraded Devon Energy Co. (DVN) from a "Neutral" rating to a "Buy" rating.

JPMorgan Chase & Co. upgraded ENSCO PLC (ESV) from a "Neutral" rating to a "Overweight" rating.

Jefferies Group upgraded Excel Maritime Carriers Ltd (EXM) from a "Underperform" rating to a "Hold" rating.

Goldman Sachs upgraded Suncoke Energy (SXC) from a "Neutral" rating to a "Buy" rating.

BMO Capital Markets initiated coverage on Petroleum Development Co. (PETD). They have an "Outperform" rating.

Societe Generale upgraded Subsea 7 SA (SUBCY) from a "Sell" rating to a "Hold" rating.

Friday, March 16, 2012

Abraxas (AXAS) (SDRL) (OII) (STT) (MSFT) (APKT) (CHMT) Ratings, Price Targets

Abraxas Petroleum Corp. (AXAS), Seadrill Ltd (SDRL), Oceaneering International (OII), State Street Co. (STT), Microsoft (MSFT), Acme Packet, Inc. (APKT) and Chemtura (CHMT) had ratings and price targets on them adjusted by analysts.

SunTrust downgraded Abraxas Petroleum Corp. (AXAS) from a "Buy" rating to a "Neutral" rating.

Dahlman Rose downgraded Seadrill Ltd (SDRL) from a "Buy" rating to a "Hold" rating.

Tudor Pickering downgraded Oceaneering International (OII) from a "Hold" rating to a "Accumulate" rating.

Rochdale Securities upgraded State Street Co. (STT) from a "Neutral" rating to a "Buy" rating.

Argus upgraded Microsoft (MSFT) from a "Hold" rating to a "Buy" rating. They placed a price target of $39.00 on the company.

Northland Securities upgraded Acme Packet, Inc. (APKT) from a "Market Perform" rating to a "Outperform" rating.

Oppenheimer upgraded Chemtura (CHMT) from a "Market Perform" rating to a "Outperform" rating.

Thursday, March 15, 2012

Amerigas (APU) (JOY) (NSC) (RRMS) (LSI) (IVR) (LVLT) Ratings, Price Targets

Amerigas Partners Lp (APU), Joy Global Inc. (JOY), Norfolk Southern Corp. (NSC), Rose Rock Midstream (RRMS), LSI Co. (LSI), Invesco Mortgage Capital (IVR) and Level 3 (LVLT) had ratings and price targets on them adjusted by analysts.

Janney Montgomery Scott downgraded Amerigas Partners Lp (APU) from a "Buy" rating to a "Neutral" rating.

UBS AG downgraded Joy Global Inc. (JOY) from a "Buy" rating to a "Neutral" rating.

Barclays Capital downgraded Norfolk Southern Corp. (NSC) to an "Equal Weight" rating.

Robert W. Baird downgraded Rose Rock Midstream (RRMS) from a "Outperform" rating to a "Neutral" rating. They have a price target of $25.00 on the company.

Credit Agricole downgraded LSI Co. (LSI) to a "Sell" rating.

FBR Capital upgraded Invesco Mortgage Capital (IVR) to a "Market Perform" rating.

Bank of America upgraded Level 3 (LVLT) to a "Buy" rating.

Wednesday, March 14, 2012

Great Plains (GXP) (VOD) (AEO) (ALTR) (ALU) (CBS) (GEOY) Ratings, Price Targets

Great Plains Energy (GXP), Vodafone (VOD), American Eagle (AEO), Altera (ALTR), Alcatel Lucent (ALU), CBS (CBS) and GeoEye (GEOY) had ratings and price targets on them adjusted by analysts.

Citigroup initiated coverage on Great Plains Energy (GXP). They placed a "Buy" rating on the company.

BNP Paribas downgraded Vodafone (VOD) from a "Neutral" rating to an "Underperform" rating.

Caris & Co. upgraded American Eagle (AEO) from an "Average" rating to an "Buy" rating.

Goldman Sachs upgraded Altera (ALTR) to a "Buy" rating.

BMO Capital Markets upgraded Alcatel Lucent (ALU) from a "Market Perform" rating to an "Outperform" rating.

RBC Capital upgraded CBS (CBS) from a "Outperform" rating to an "Top Pick" rating.

Dougherty & Co upgraded GeoEye (GEOY) from a "Neutral" rating to an "Buy" rating.

Tuesday, March 13, 2012

Cobalt (CIE) (MTDR) (OIS) (WFM) (ASML) (AVG) (KR) Get New Coverage

Cobalt International Energy (CIE), Matador Resources Co (MTDR), Oil States International, Inc. (OIS), Whole Foods Market (WFM), ASML Holding (ASML), AVG Technologies (AVG) and Kroger (KR) had coverage on them initiated by analysts.

Credit Suisse initiated coverage on Cobalt International Energy (CIE). They placed an "Outperform" rating on the company.

RBC Capital initiated coverage on Matador Resources (MTDR). They placed an "Outperform" rating and price target of $16.00 on the company.

Barclays Capital initiated coverage on Oil States International, Inc. (OIS). They placed an "Overweight" rating on the company.

UBS AG initiated coverage on Whole Foods Market (WFM). They placed an "Buy" rating on the company.

RBC Capital initiated coverage on ASML Holding (ASML). They placed an "Outperform" rating and price target of $56.00 on the company.

JPMorgan Chase & Co. initiated coverage on AVG Technologies (AVG). They placed an "Overweight" rating on the company.

UBS AG initiated coverage on Kroger (KR). They placed an "Neutral" rating on the company.

Friday, March 9, 2012

JinkoSolar (JKS) (ERII) (GGC) (STO) (ESV) (SBMRY) (MSO) Ratings, Price Targets

JinkoSolar Holding Co., Ltd. (JKS), Energy Recovery (ERII), Georgia Gulf (GGC), Statoil (STO), ENSCO PLC (ESV), SABMiller plc (SBMRY) and Martha Stewart Living Omnimedia, Inc. (MSO) had ratings and price targets on them adjusted by analysts.

Ardour Capital upgraded Energy Recovery (ERII) from a "Hold" rating to a "Accumulate" rating.

Wells Fargo & Co. upgraded Georgia Gulf (GGC) from a "Market Perform" rating to a "Outperform" rating.

Deutsche Bank upgraded Statoil (STO) from a "Hold" rating to a "Buy" rating.

Sanford C. Bernstein upgraded ENSCO PLC (ESV) from an "Outperform" rating to a "Market Perform" rating.

Natixis downgraded SABMiller plc (SBMRY) from a "Buy" rating to a "Neutral" rating.

Auriga downgraded JinkoSolar Holding Co., Ltd. (JKS) from a "Sell" rating to a "Hold" rating.

Roth Capital downgraded Martha Stewart Living Omnimedia, Inc. (MSO) from a "Neutral" rating to a "Sell" rating.

Thursday, March 8, 2012

WPX (WPX) (AMID) (SSW) (DPM) (BG) (SGY) Ratings, Price Targets

WPX ENERGY INC (WPX), American Midstream Partners LP (AMID), Seaspan Co. (SSW), DCP Midstream Partners, LP (DPM), Bunge Limited (BG) and Stone Energy (SGY) had ratings and price targets on them adjusted by analysts.

Bank of America downgraded American Midstream Partners LP (AMID) from a "Buy" rating to a "Neutral" rating.

Credit Suisse downgraded Seaspan Co. (SSW) from a "Neutral" rating to a "Underperform" rating.

Bank of America upgraded DCP Midstream Partners, LP (DPM) from a "Neutral" rating to a "Buy" rating.

Feltl & Co. initiated coverage on Bunge Limited (BG). They have a "Strong-Buy" rating and a price target of $83.00 on the company.

Sidoti initiated coverage on Stone Energy (SGY). They placed a "Buy" rating on the company.

JPMorgan Chase & Co. initiated coverage on WPX ENERGY (WPX). They placed a "Neutral" rating on the company.

Wednesday, March 7, 2012

STWA (ZERO) Soars on LG Partner Letter of Intent

A letter of intent to use STWA, Inc.'s (OTC.BB: ZERO.OB) Applied Oil Technology™ (AOT™) by LG Partners sent shares of STWA soaring Wednesday, with the company closing up over 26 percent on the day.

The press release said this, "LG Partners is currently developing the $2.5 billion, 900-mile pipeline to transport medium and heavy crude oil to markets currently experiencing a lack of diverse pipeline suppliers. This multinational pipeline is designed to be 42" in diameter, with a transport capacity of 30 to 60 million tons of crude oil per year, or approximately 600,000 to 1.2 million barrels per day."

Also described in the press release was the technology STWA has designed for improved costs and efficiencies of pipeline operations:

"STWA's Applied Oil Technology™ (AOT™) is designed to allow pipeline operators to temporarily reduce the viscosity of the crude oil within their pipeline(s) to reduce the fluid-drag (also known as friction-loss) between the fluid and the pipeline. By reducing the friction loss, pipeline operators' pump systems require less energy to maintain a constant flow rate, thereby directly reducing daily operation costs."

The significance of this isn't simply making a potential deal, but because of the ability to make the deal, it appears the company is subtly announcing the trial phase of the Applied Oil Technology is over, and commercialization is ready to begin.

STWA closed Wednesday at $0.46, up $0.09, or 26.03 percent. They traded as high as $0.49 before pulling slightly back. They've trading in a 52-week range of $0.18 to $0.49, and have a market cap now of $52.08 million.

Trading volume Wednesday was almost ten times the average 3-month volume.

CVR (CVI) (TSO) (APC) (HES) (MRO) (TLM) (AVAV) Ratings, Price Targets

CVR Energy, Inc. (CVI), Tesoro Co. (TSO), Anadarko Petroleum (APC), Hess Corp. (HES), Marathon Oil Co. (MRO), Talisman Energy (TLM) and AeroVironment (AVAV) had ratings and price targets on them adjusted by analysts.

Macquarie downgraded CVR Energy, Inc. (CVI) from a "Outperform" rating to a "Neutral" rating.

Bank of America upgraded Tesoro Co. (TSO) from a "Underperform" rating to a "Neutral" rating.

Global Hunter Securities initiated coverage on Anadarko Petroleum (APC). They placed a "Buy" rating and price target of $102.00 on the company.

Global Hunter Securities initiated coverage on Hess Corp. (HES). They placed a "Neutral" rating and price target of $70.00 on the company.

Global Hunter Securities initiated coverage on Marathon Oil Co. (MRO). They placed a "Neutral" rating and price target of $37.00 on the company.

Global Hunter Securities initiated coverage on Talisman Energy (TLM). They placed a "Neutral" rating " rating and price target of $14.50 on the company.

EarlyBird Capital downgraded AeroVironment (AVAV) from a "Buy" rating to a "Hold" rating.

Tuesday, March 6, 2012

Chesapeake's (CHK) and McClendon's Shale Revenue Alternative

The announcement from Chesapeake Energy (CHK) CEO Aubrey McClendon and Kohlberg Kravis Roberts & Co. (KKR) that they are entering a $250 million joint venture received mixed responses from pundits and analysts.

As for the deal, KKR will supply $225 million of the investment while Chesapeake will invest the remaining $25 million.

The purpose of the joint venture is for the two companies to acquire more oil and gas shale plays in order to generate royalties from the properties.

Chesapeake will do the majority of the lifting because of its expertise in the sector; owning and managing the shale assets on behalf of the venture.

With KKR putting up 90 percent of the capital, it has to stand to reason that they will almost assuredly, after some management fees, take in that same amount in royalties.

Aubrey McClendon has an insatiable drive to own more and more shale assets. But with the capital spigot running dry for Chesapeake, he's extending the reach of the company through the joint venture.

KKR director Robert Antablin said this, "Driven predominantly by the recent advancements in unconventional oil and gas technology, we continue to see attractive opportunities to invest behind the domestic exploration and production of oil and gas."

On Chesapeake's part, they must get more access to oil assets because the low price of natural gas has pressured the company's margins and earnings.

In 2011 they spend upwards of $1 billion to make acquisitions to that effect. This venture gives them access to more land and oil assets without having to cough up money it simply no longer has to make the deals it needs for shale oil acreage.

This assumes McClendon isn't blind or foolish enough to buy up even more major gas holdings with the additional capital in his hands.

The market wasn't impressed with the announcement of the joint venture, as many investors and onlookers believe Chesapeake is already in way over its head. They've already sold off some of its properties and made deal with other parterns.

So the idea of pursuing even more acreage doesn't sound too good for those who have watched Chesapeake with consternation as its debt soared and gas prices plummeted.

If this capital isn't used to acquire significant oil assets, it'll be a shock, and the future of Chesapeake would look as bleak as it ever has.

The good news is if they keep focused, Chesapeake is a good at sourcing and managing resources as anyone out there, and lower risk plays like this could help them gain some respectibility and bring back some significant profitability back to the company.

KKR closed at $13.61, down $0.25, or 1.80 percent. Chesapeake ended the session at $23.56, plunging $0.67, or 2.77 percent.

Carrizo (CRZO) (FST) (PKD) (CCO) (NVS) (MWW) (TSN) Ratings, Price Targets

Carrizo Oil & Gas (CRZO), Forest Oil Co. (FST), Parker Drilling Company (PKD), Clear Channel Outdoor Holdings, Inc. (CCO), Novartis (NVS), Monster Worldwide, Inc. (MWW) and Tyson Foods, Inc. (TSN) had ratings and price targets adjusted by analysts.

Imperial Capital downgraded Carrizo Oil & Gas (CRZO) to an "Outperform" rating.

Capital One upgraded Forest Oil Co. (FST) to a "Neutral" rating.

Global Hunter Securities initiated coverage on Parker Drilling Company (PKD). They placed an "Accumulate" rating on the company.

Wells Fargo & Co. downgraded Clear Channel Outdoor Holdings, Inc. (CCO) from an "Outperform" rating to a "Market Perform" rating.

JPMorgan Chase & Co. downgraded Novartis (NVS) from an "Overweight" rating to a "Neutral" rating.

Evercore Partners upgraded Monster Worldwide, Inc. (MWW) from an "Equal Weight" rating to a "Overweight" rating.

Davenport upgraded Tyson Foods, Inc. (TSN) from a "Neutral" rating to a "Buy" rating.

Monday, March 5, 2012

Enbridge's (ENB) U.S. Pipeline Remains Closed

After a two-vehicle accident in Illinois close to the the township of New Lenox, the pipeline of Enbridge (NYSE:ENB), which delivers the majority of oil from Canada to the United States, remains closed, and may remain closed for up to four more days.

The accident took place by an above-ground part of the conduit close to a pumping station.

Enbridge's Line 14/64, which delivers 318,000 barrel a day, will probably result in pressuring prices for Canadian crude in response to the accident.

Line 14, may start up again as early as Wednesday, while Line 64, is estimated to restart on Thursday.

Enbridge spokeswoman Lorraine Little said these estimates are subject to change because they were the initial assessments made by the company.

The capacity for Line 14/64 is north of 2 million barrels a day, which amounts to close to 3 percent of American imports. Canada exports the oil from Alberta tar sands.

Potentially affected by the slowdown is Exxon Mobil (NYSE:XOM), which receives some oil from the pipeline, which they get at its refinery located in Joliet, Illinois. Exxon says at this time they are meeting contractual obligations.

Enbridge was trading at $38.34, down $0.38, or 0.98 percent, as of 12:16 PM EST. Exxon was trading at $86.63, up $0.30, or 0.35 percent.

CMS (CMS) (CHG) (CNP) (SDRL) (FE) (ENS) (ZNGA) Ratings, Price Targets

CMS Energy (CMS), CH Energy Group (CHG), CenterPoint Energy, Inc. (CNP), Seadrill Ltd (SDRL), FirstEnergy Corp. (FE), EnerSys (ENS) and Zynga Inc. (ZNGA) had ratings and price targets on them adjusted by analysts.

Brean Murray downgraded CH Energy Group (CHG) from a "Buy" rating to a "Hold" rating. They have a placed a price target of $69.00 on the company.

RBC Capital downgraded CenterPoint Energy, Inc. (CNP) from an "Outperform" rating to a "Sector Perform" rating.

Bank of America downgraded Seadrill Ltd (SDRL) from a "Buy" rating to a "Neutral" rating.

Caris & Co. upgraded CMS Energy (CMS) from an "Above Average" rating to an "Average" rating. $23.50

ISI Group upgraded FirstEnergy Corp. (FE) from a "Hold" rating to a "Buy" rating.

Stifel Nicolaus initiated coverage on EnerSys (ENS). They have a "Buy" rating and a price target of $40.00 on the company.

JPMorgan Chase & Co. downgraded Zynga Inc. (ZNGA) from an "Overweight" rating to a "Neutral" rating.

Friday, March 2, 2012

Study Concludes Shale Gas Extraction Safe

A study by the Polish Geological Institute concluded extraction of shale gas wasn't harmful to the environment, triggering quick responses from so-called environementalist who don't want that to be the narrative going forward.

According to the report, Canadian Lane Energy performed test drills in the norther portion of Poland, whereby there was some toxic residue, but by reusing it during the process, none was released into the environment.

The study concluded this: "Soil, air, water — the studies show that all these elements of the environment are safe if exploration of shale gas is conducted in accordance with legal regulations."

There was no pollution found in the soil, water or air, said the study.

Concerns over the process of removing gas or oil from shale because of the possibility some contaminated water, which is toxic, may reach the surface, is what is being tested.

The process is called hydraulic fracturing, or fracking for short, where mostly water, and some chemicals, are used to shatter shale under the ground so the gas, or oil, can be released for use.

Extraordinary deposits of shale gas and oil in the United States has numerous countries searching within their own borders to see if there are deposits there.

In the case of Poland, the country wants to slash its dependence on Russian natural gas, which can be unreliable.

Poland is still in the process of searching for shale gas deposits, so it isn't clear yet how much actually resides in the country.

Echelon (ELON) (AIXG) (ANN) (BC) (SPLS) (TSS) (UNM) Ratings, Price Targets

Echelon Co. (ELON), Aixtron AG (AIXG), AnnTaylor Stores Corp. (ANN), Brunswick Co. (BC), Staples, Inc. (SPLS), Total System Services, Inc. (TSS) and Unum Group (UNM) had ratings and price targets adjusted on them by analysts.

Piper Jaffray upgraded Echelon Co. (ELON) from a "Neutral" rating to an "Overweight" rating.

Citigroup (C) upgraded Aixtron AG (AIXG) from a "Sell" rating to a "Neutral" rating.

SunTrust upgraded AnnTaylor Stores Corp. (ANN) from a "Neutral" rating to a "Buy" rating.

Raymond James upgraded Brunswick Co. (BC) from a "Market Perform" rating to a "Strong-Buy" rating.

Caris & Co. upgraded Staples, Inc. (SPLS) from an "Average Above" rating to an "Average" rating.

Susquehanna upgraded Total System Services, Inc. (TSS) from a "Neutral" rating to a "Positive" rating.

RBC Capital upgraded Unum Group (UNM) from a "Sector Perform" rating to a "Outperform" rating.

Copano (CPNO) (HUSA) (MMP) (SDRL) (CIE) (TRI) (FAF) Ratings, Price Targets

Copano Energy, L.L.C. (CPNO), Houston American Energy Corp (HUSA), Magellan Midstream (MMP), Seadrill Ltd (SDRL), Cobalt International Energy (CIE), Thomson Reuters Co. (TRI) and First American Financial (FAF) had ratings and price targets adjusted on them by analysts.

Morgan Keegan downgraded Copano Energy, L.L.C. (CPNO) from an "Outperform" rating to a "Market Perform" rating. They cut their price target from $39.00 to $38.00 on the company.

C.K. Cooper downgraded Houston American Energy Corp (HUSA) from a "Buy" rating to a "Hold" rating.

Wunderlich downgraded Magellan Midstream (MMP) from a "Buy" rating to a "Hold" rating. They raised their price target from $69.00 to $76.00 on the company.

HSBC downgraded Seadrill Ltd (SDRL) from an "Overweight" rating to a "Neutral" rating.

RBC Capital upgraded Cobalt International Energy (CIE) from a "Sector Perform" rating to an "Outperform" rating.

Evercore Partners initiated coverage on Thomson Reuters Co. (TRI). They placed an "Equal Weight" rating on the company.

Keefe, Bruyette & Woods initiated coverage on First American Financial (FAF). They placed a "Market Perform" rating on the company.

Thursday, March 1, 2012

Copano (CPNO) (SD) (CRZO) (LINE) (URZ) (BLK) (WAG) Ratings, Price Targets

Copano Energy, L.L.C. (CPNO), SandRidge Energy Inc. (SD), Carrizo Oil & Gas (CRZO), Linn Energy, LLC (LINE), Uranerz Energy (URZ), BlackRock, Inc. (BLK) and Walgreen (WAG) had ratings and price targets on them adjusted by analysts.

Hilliard Lyons downgraded Copano Energy, L.L.C. (CPNO) from a "Buy" rating to a "Long" rating. They raised their price target from $35.00 to $40.00 on the company.

Canaccord Genuity downgraded SandRidge Energy Inc. (SD) from a "Hold" rating to a "Sell" rating. They lowered their price target from $7.00 to $6.00 on the company.

Capital One upgraded Carrizo Oil & Gas (CRZO) to a "Neutral" rating.

Credit Suisse upgraded Linn Energy, LLC (LINE) from a "Neutral" rating to an "Outperform" rating.

Global Hunter Securities initiated coverage on Uranerz Energy (URZ). They have an "Accumulate" rating and price target of $4.00 on the company.

Sanford C. Bernstein initiated coverage on BlackRock, Inc. (BLK). They placed a "Market Perform" rating on the company.

Bank of America downgraded Walgreen (WAG) from a "Neutral" rating to an "Underperform" rating.