Wednesday, August 22, 2012

U.S. ANALYST RATINGS: Upgrades, Downgrades, Initiations

UPGRADES:
  * Centerpoint Energy (CNP) to outperform: Wells Fargo
  * Cemex (CX) to outperform: Credit Suisse
  * Canadian Solar (CSIQ) to neutral: Lazard


DOWNGRADES:
  * Best Buy (BBY) to underperform: Wedbush
  * Cnooc (CEO) to hold: Deutsche Bank
  * Clearwire (CLWR) to underperform: RBC Capital
  * Equinix (EQIX) to equalweight: Stephens
  * Ferrellgas Partners (FGP) to sell: UBS
  * Group 1 Automotive (GPI) to hold: KeyBanc
  * Republic Airways (RJET) to equalweight: Evercore Partners
  * Statoil (STO) to hold: DNB Markets
  * Trina Solar (TSL) to neutral: Lazard


INITIATIONS:
  * Caesars Entertainment (CZR) underweight: Barclays
  * Del Frisco’s (DFRG) outperform: Wells Fargo
  * Headwaters (HW) hold: KeyBanc
  * iGate (IGTE) neutral: Janney Capital
  * Immunogen (IMGN) outperform: Cowen
  * SLM Corp. (SLM) no rating, PT $20: Telsey Advisory Group
  * Stewart Enterprises (STEI) hold: BOE Securities
  * Targa Resources (TRGP) buy: UBS
  * Yelp (YELP) market perform: JMP Securities
  * Zynga (ZNGA) market outperform: JMP Securities

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