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.

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