September 11, 2012 - 10:15 AM EDT
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Equity Brief: Upgrades and Downgrades for September 11th: HMY, HSKA, ING, IPCI, IPI, JNJ, KWR, LPX, MEOH

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

Credit Suisse  initiated coverage on shares of Harmony Gold Mining (NYSE: HMY). They issued an underperform rating on the stock.

Feltl & Co.  initiated coverage on shares of Heska Corp. (NASDAQ: HSKA). They issued a strong-buy rating on the stock and set a $13.50 price target.

Macquarie  downgraded shares of ING Groep (NYSE: ING) from an outperform rating to a neutral rating.

Brean Murray  initiated coverage on shares of Intellipharmaceutics (NASDAQ: IPCI). They issued a buy rating on the stock and set a $7.00 price target.

Wunderlich  initiated coverage on shares of Intrepid Potash, Inc. (NYSE: IPI). They issued a buy rating on the stock and set a $26.50 price target.

Credit Suisse  initiated coverage on shares of Johnson & Johnson (NYSE: JNJ). They issued a neutral rating on the stock and set a $70.00 price target.

Janney Montgomery Scott  downgraded shares of Quaker Chemical Co. (NYSE: KWR) from a buy rating to a neutral rating.

Credit Agricole  downgraded shares of Louisiana-Pacific Co. (NYSE: LPX) from an outperform rating to an underperform rating. Their analysts now have a $15.00 price target on the stock, up previously from $14.00.

Jefferies Group  initiated coverage on shares of Methanex Corporation (NASDAQ: MEOH). They issued a hold rating on the stock.

Ladenburg Thalmann  raised its price target on shares of Navidea Biopharmaceuticals Inc (NASDAQ: NAVB) from $6.25 to $7.50. They have a buy rating on the stock.

ThinkEquity  downgraded shares of Navidea Biopharmaceuticals Inc (NASDAQ: NAVB) from a buy rating to a hold rating.

JPMorgan Chase  upgraded shares of Corp Office Props (NYSE: OFC) from an underweight rating to a neutral rating. JPMorgan Chase now has a $23.00 price target on the stock.

Citigroup  downgraded shares of Owens-Illinois (NYSE: OI) from a buy rating to a neutral rating.

Macquarie  upgraded shares of PacWest Bancorp (NASDAQ: PACW) from a neutral rating to an outperform rating. Macquarie now has a $28.00 price target on the stock.

Global Hunter Securities  downgraded shares of Plains Exploration & Production Company (NYSE: PXP) from a buy rating to an accumulate rating. Their analysts now have a $63.00 price target on the stock.

BMO Capital Markets  initiated coverage on shares of QEP Resources (NYSE: QEP). They issued an outperform rating on the stock and set a $35.00 price target.

Citigroup  initiated coverage on shares of Rexam PLC (NASDAQ: REXMY). They issued a buy rating on the stock.

Sanford C. Bernstein  initiated coverage on shares of Range Resources (NYSE: RRC). They issued an outperform rating on the stock.

Citigroup  initiated coverage on shares of Sealed Air Corp. (NYSE: SEE). They issued a neutral rating on the stock and set a $17.00 price target.

BTIG Research  initiated coverage on shares of iStar Financial Inc. (NYSE: SFI). They issued a buy rating on the stock.

Gabelli  downgraded shares of Sirius XM Radio Inc. (NASDAQ: SIRI) from a hold rating to a sell rating.

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/arndailyr

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Source: Equity Brief via Thomson Reuters ONE

HUG#1640281


Source: Thomson Reuters ONE (September 11, 2012 - 10:15 AM EDT)

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