Target Releases
Friday, January 27, 2012
| Target | 3M Company | Jefferies & Co | $102.00 « $94.00 | |
| Downgrade | American Electric Power Company, Inc. | Deutsche Bank | Hold « Buy | |
| Target | Ameris Bancorp | KBW | $14.00 « $12.00 | |
| Target | Ametek, Inc. | Oppenheimer | $54.00 « $47.00 | |
| Target | Amgen, Inc. | RBC Capital Markets | $75.00 « $72.00 | |
| Target | Amgen, Inc. | Citigroup | $79.00 « $73.00 | |
| Target | Amgen, Inc. | BMO Capital Markets | $64.00 « $58.00 | |
| Target | Amgen, Inc. | Jefferies & Co | $78.00 « $70.00 | |
| Target | Anaren Microwave | Canaccord Genuity | $26.00 « $24.00 | |
| Target | Arctic Cat | Robert W. Baird | $35.00 « $28.00 | |
| Target | Arctic Cat | Wedbush | $29.00 « $25.00 | |
| Target | Ariba | Caris & Company | $30.00 « $33.00 | |
| Reinitiate | Artis Real Estate Investment Trust | National Bank Financial | Outperform | |
| Reinitiate | AT&T Inc. | Credit Suisse | Neutral | $30.00 |
| Target | Autozone, Inc. | Barclays Capital | $375.00 « $365.00 | |
| Target | Avnet, Inc. | Citigroup | $40.00 « $38.00 | |
| Target, Reinitiate | Avnet, Inc. | Longbow | Buy | $43.00 « $40.00 |
| Target, Reinitiate | Avnet, Inc. | Collins Stewart | Neutral | $35.00 « $31.00 |
| Target, Reinitiate | Avnet, Inc. | Brean Murray | Buy | $39.00 « $37.00 |
| Target | Ballard Power Systems Inc. | Robert W. Baird | $45.00 « $40.00 | |
| Target | Baxter International | Mizuho Securities | $65.00 « $62.00 | |
| Reinitiate | Best Buy | Credit Suisse | Outperform | $32.00 |
| Target | Bill Barrett Corporation | BMO Capital Markets | $32.00 « $45.00 | |
| Initiate | Bonanza Creek Energy Inc | Howard Weil | Market Outperform | $22.00 |
| Target | Broadcom Corporation | MKM Partners | $43.00 « $35.00 | |
| Initiate | Cabot Corporation | Citigroup | Buy | |
| Target | Canadian Pacific Railway Limited | Desjardins Securities | $76.00 « $70.00 | |
| Target | Canadian Pacific Railway Limited | Canaccord Genuity | $89.00 « $80.00 | |
| Target | Canadian Pacific Railway Limited | Barclays Capital | $70.00 « $66.00 | |
| Target | Capstone Mining Corp. | Canaccord Genuity | $4.00 « $3.80 | |
| Target | Carbo Ceramics Inc. | Dahlman Rose | $153.00 « $191.00 | |
| Target | Carbo Ceramics Inc. | BMO Capital Markets | $150.00 « $175.00 | |
| Target | Caterpillar Inc. | William Blair | $135.00 « $125.00 | |
| Target, Reinitiate | Caterpillar Inc. | UBS Securities | Neutral | $117.00 « $100.00 |
| Target | Caterpillar Inc. | JP Morgan | $132.00 « $112.00 | |
| Target | Caterpillar Inc. | S&P Research | $145.00 « $129.00 | |
| Target | Caterpillar Inc. | Citigroup | $120.00 « $100.00 | |
| Target | Caterpillar Inc. | Jefferies & Co | $130.00 « $110.00 | |
| Target | Caterpillar Inc. | Raymond James | $140.00 « $126.00 | |
| Target | Celestica Inc. | RBC Capital Markets | $10.00 « $9.00 | |
| Target | Celestica Inc. | Citigroup | $7.00 « $7.50 | |
| Target | Celgene Corporation | Robert W. Baird | $78.00 « $76.00 | |
| Downgrade | Celgene Corporation | Argus | Hold « Buy | |
| Target | Celgene Corporation | Jefferies & Co | $85.00 « $78.00 | |
| Target | Cepheid | UBS Securities | $45.00 « $40.00 | |
| Target, Reinitiate | Cepheid | Oppenheimer | Outperform | $45.00 « $42.00 |
| Target, Reinitiate | Cepheid | Canaccord Genuity | Buy | $50.00 « $45.00 |
| Target, Reinitiate | Cirrus Logic | Needham | Strong Buy | $28.00 « $25.00 |
| Target | Cirrus Logic | Capstone | $27.00 « $22.00 | |
| Target, Reinitiate | Cirrus Logic | Stifel Nicolaus | Buy | $28.00 « $26.00 |
| Downgrade | Clean Energy Fuels | Raymond James | Market Perform « Outperform | |
| Target | Cliffs Natural Resources Inc | RBC Capital Markets | $85.00 « $87.00 | |
| Downgrade | Cliffs Natural Resources Inc | Macquarie Research | Neutral « Outperform | |
| Target, Reinitiate | Cliffs Natural Resources Inc | FBR Capital | Outperform | $108.00 « $115.00 |
| Target, Reinitiate | Cliffs Natural Resources Inc | Dahlman Rose | Buy | $90.00 « $95.00 |
| Target | Cobalt International Energy | Citigroup | $26.00 « $18.00 | |
| Upgrade | Cogeco Cable Inc. | Desjardins Securities | Buy « Hold | |
| Target | Cogeco Cable Inc. | Macquarie Research | $57.00 « $55.00 | |
| Upgrade | Cogeco Cable Inc. | TD Newcrest | Buy « Hold | |
| Target | Cogeco Cable Inc. | CIBC World Markets | $46.00 « $47.00 | |
| Target, Reinitiate | Colgate-Palmolive | Caris & Company | Average | $95.00 « $98.00 |
| Target | Concho Resources Inc. | Citigroup | $124.00 « $92.00 | |
| Downgrade | Covance Inc | Citigroup | Neutral « Buy | $46.00 « $55.00 |
| Target | Covance Inc | Jefferies & Co | $40.00 « $44.00 | |
| Target | Covidien Plc | JP Morgan | $59.00 « $54.00 | |
| Target | Covidien Plc | Citigroup | $60.00 « $54.00 | |
| Target, Reinitiate | Crown Castle | Collins Stewart | Buy | $61.00 « $58.00 |
| Target | DaVita Inc | UBS Securities | $98.00 « $90.00 | |
| Target | Delta Air Lines, Inc. | Raymond James | $10.00 « $12.00 | |
| Target | DeVry | Citigroup | $47.00 « $53.00 | |
| Target | DeVry | Barclays Capital | $37.00 « $42.00 | |
| Target | Domtar Corp. | Dundee Securities | $110.00 « $90.00 | |
| Downgrade | E*TRADE Financial | Sandler O'Neil | Hold | |
| Target, Reinitiate | Electro Scientific Industries | Needham | Buy | $18.00 « $16.00 |
| Target | Emulex Corporation | BMO Capital Markets | $11.50 « $9.00 | |
| Upgrade | Emulex Corporation | ThinkEquity | Buy « Hold | |
| Downgrade | Equity One | Citigroup | Sell « Neutral | |
| Initiate | Erie Indemnity Co | William Blair | Outperform | |
| Target | Ethiopian Potash Corp | Desjardins Securities | $60.20 « $65.50 | |
| Target | Ethiopian Potash Corp | Macquarie Research | $60.00 « $69.00 | |
| Upgrade | Ethiopian Potash Corp | National Bank Financial | Sector Perform « Underperform | |
| Target | Ethiopian Potash Corp | Canaccord Genuity | $58.00 « $60.00 | |
| Target | Exco Technologies | BMO Capital Markets | $5.25 « $4.75 | |
| Downgrade | Exelon Corporation | UBS Securities | Neutral « Buy | |
| Target | First Financial Bancshares | KBW | $35.00 « $33.00 | |
| Initiate | First Quantum Minerals Limited | National Bank Financial | Sector Perform | |
| Target | Freescale Semiconductor Holdings | Citigroup | $20.00 « $16.50 | |
| Target | General Dynamics Corporation | Credit Suisse | $82.00 « $75.00 | |
| Downgrade | Georgia Gulf Corporation | UBS Securities | Neutral « Buy | |
| Initiate | Goodrich Petroleum Corporation | Citigroup | Neutral | |
| Target | Green Dot | Wedbush | $43.00 « $66.00 | |
| Target | Hana Mining | Desjardins Securities | $3.00 « $3.20 | |
| Downgrade | Healthcare Realty Trust Incorporated | Robert W. Baird | Neutral « Outperform | $22.00 |
| Initiate | Heartware International Inc | Leerink Swann | Outperform | |
| Target | Hess Corp. | Credit Suisse | $95.00 « $115.00 | |
| Target | Hub Group, Inc. | UBS Securities | $38.00 « $35.00 | |
| Target, Reinitiate | Hubbell Inc | Oppenheimer | Outperform | $80.00 « $69.00 |
| Downgrade | Idenix Pharmacauticals | Stifel Nicolaus | Sell « Hold | |
| Initiate | Inergy | Credit Suisse | Outperform | |
| Target | Informatica Corporation | Evercore | $45.00 « $50.00 | |
| Target | InvenSense | Robert W. Baird | $15.00 « $13.00 | |
| Target, Reinitiate | InvenSense | Oppenheimer | Outperform | $15.00 « $13.00 |
| Target | Invesco Mortgage Capital | Citigroup | $27.00 « $25.00 | |
| Target | ITT Educational | Citigroup | $65.00 « $68.00 | |
| Target | J.B. Hunt Transport Services | Dahlman Rose | $54.00 « $49.00 | |
| Target | J.C. Penney Company | Barclays Capital | $45.00 « $40.00 | |
| Target, Reinitiate | J.C. Penney Company | Argus | Buy | $49.00 « $38.00 |
| Target | J.C. Penney Company | JP Morgan | $49.00 « $37.00 | |
| Upgrade | J.C. Penney Company | BMO Capital Markets | Underperform « Market Perform | |
| Target | Jacobs Engineering Group Inc. | UBS Securities | $48.00 « $41.00 | |
| Target | Janus Capital Group Inc. | Macquarie Research | $7.00 « $6.00 | |
| Target | Janus Capital Group Inc. | Citigroup | $5.75 « $5.50 | |
| Downgrade | Jefferies Group, Inc. | S&P Research | Sell « Hold | |
| Target | Jetblue Airways Corporation | UBS Securities | $6.50 « $5.00 | |
| Target | Jetblue Airways Corporation | Evercore | $6.00 « $5.00 | |
| Target | Jetblue Airways Corporation | S&P Research | $6.50 « $5.50 | |
| Target | Jetblue Airways Corporation | Barclays Capital | $7.00 « $6.00 | |
| Downgrade | Juniper Networks, Inc. | Auriga U.S.A | Hold « Buy | |
| Target, Downgrade | Juniper Networks, Inc. | Morgan Keegan | Market Perform « Outperform | $20.00 « $25.00 |
| Target | Juniper Networks, Inc. | Wedbush | $18.00 « $20.00 | |
| Target, Reinitiate | Juniper Networks, Inc. | FBR Capital | Outperform | $25.00 « $27.00 |
| Downgrade | Juniper Networks, Inc. | Stifel Nicolaus | Hold « Buy | |
| Target | Juniper Networks, Inc. | Credit Suisse | $20.00 « $23.00 | |
| Initiate | Kemper Corp | William Blair | Market Perform | |
| Target | Kennametal Inc. | Jefferies & Co | $51.00 « $46.00 | |
| Downgrade | Kimco Realty | Citigroup | Neutral « Buy | |
| Target | KLA-Tencor Corporation | Caris & Company | $58.00 « $53.00 | |
| Target | KLA-Tencor Corporation | JP Morgan | $58.00 « $52.00 | |
| Target, Reinitiate | KLA-Tencor Corporation | Oppenheimer | Outperform | $60.00 « $55.00 |
| Target | Lattice Semiconductor | Jefferies & Co | $9.00 « $8.00 | |
| Target | Legacy Oil And Gas Inc | Macquarie | $15.50 « $14.25 | |
| Target | Legacy Oil And Gas Inc | TD Newcrest | $17.50 « $16.00 | |
| Target | Legacy Oil And Gas Inc | BMO Capital Markets | $15.50 « $12.50 | |
| Target, Reinitiate | Life Technologies Corp. | Maxim Group | Buy | $60.00 « $51.00 |
| Initiate | Lumina Copper Corp | Laurentian Bank | Speculative Buy | $19.00 |
| Target | Marriott International, Inc. | Morgan Stanley | $40.00 « $34.00 | |
| Target | Maxim Integrated Products Inc. | Susquehanna | $32.00 « $28.00 | |
| Target | Maxim Integrated Products Inc. | Jefferies & Co | $29.00 « $26.00 | |
| Target, Reinitiate | Maxim Integrated Products Inc. | MKM Partners | Neutral | $25.00 « $21.00 |
| Initiate | Maxwell Tech | Canaccord Genuity | Buy | $24.00 |
| Reinitiate | McCormick & Company | Longbow | Buy | |
| Target | McGraw-Hill | Benchmark | $48.00 « $43.00 | |
| Target, Reinitiate | McGraw-Hill | The Benchmark Company | Hold | $48.00 « $43.00 |
| Target | MeadWestvaco Corporation | Deutsche Bank | $38.00 « $34.00 | |
| Target | Methanex Corporation | RBC Capital Markets | $31.00 « $28.00 | |
| Initiate | Metropolitan Health Networks, Inc. | National Bank Financial | Outperform | $59.00 |
| Downgrade | Micromet | William Blair | Market Perform « Outperform | |
| Downgrade | Micromet | Maxim Group | Hold « Buy | |
| Downgrade | Micromet | Needham | Hold « Buy | |
| Target | Micromet | Canaccord Genuity | $11.00 « $7.00 | |
| Downgrade | Micromet | ThinkEquity | Hold « Buy | |
| Downgrade | Microsemi | S&P Research | Buy « Strong Buy | |
| Reinitiate | Momenta Pharmaceuticals | Canaccord Genuity | Buy | $17.00 |
| Target | Monster Worldwide, Inc. | MKM Partners | $9.00 « $11.00 | |
| Target | Nevada Copper Corp. | Canaccord Genuity | $6.60 « $7.00 | |
| Target, Reinitiate | Noble Corporation | FBR Capital | Outperform | $55.00 « $45.00 |
| Target | Noble Energy, Inc. | Barclays Capital | $46.00 « $52.00 | |
| Target | Noble Energy, Inc. | UBS Securities | $45.00 « $40.00 | |
| Target | Noble Energy, Inc. | FBR Capital | $55.00 « $45.00 | |
| Target | Noble Energy, Inc. | Citigroup | $46.00 « $44.00 | |
| Downgrade | Nucor Corporation | Deutsche Bank | Hold | |
| Target | Nucor Corporation | Jefferies & Co | $52.00 « $45.00 | |
| Target | Nucor Corporation | Citigroup | $51.00 « $45.00 | |
| Target | NVR Inc | Guggenheim | $650.00 « $590.00 | |
| Downgrade | Oasis Petroleum Inc. | Jefferies & Co | Hold « Buy | |
| Target | Oclaro Inc | Citigroup | $6.00 « $5.50 | |
| Initiate | Pacira Pharmaceuticals | Jefferies & Co | Buy | $18.00 |
| Target, Reinitiate | Parametric Technolgy | Longbow | Buy | $31.00 « $23.00 |
| Target | Parametric Technolgy | Canaccord Genuity | $30.00 « $25.00 | |
| Target, Reinitiate | Parametric Technolgy | Stifel Nicolaus | Buy | $32.00 « $27.00 |
| Upgrade | Petrobakken Energy Ltd. | Canaccord Genuity | Buy « Speculative Buy | |
| Target | Petrobakken Energy Ltd. | Raymond James | $14.00 « $11.50 | |
| Target | Petrodorado Energy | Canaccord Genuity | $0.40 « $0.60 | |
| Target | Petroleum Development Corporation | Wunderlich Securities | $47.00 « $42.00 | |
| Target, Reinitiate | Petroleum Development Corporation | Wunderlich | Buy | $47.00 « $42.00 |
| Initiate | Poseidon Concepts | RBC Capital Markets | Outperform | |
| Target, Reinitiate | Potash Corp | BMO Capital Markets | Outperform | $59.00 « $61.00 |
| Target | Premier Gold Mines Ltd. | Stonecap | $8.85 « $8.50 | |
| Target, Reinitiate | Qlogic | Needham | Buy | $19.00 « $16.00 |
| Target | Richelieu Hardware Ltd. | National Bank Financial | $33.00 « $32.00 | |
| Target, Reinitiate | Riverbed Technology, Inc. | FBR Capital | Outperform | $33.00 « $37.00 |
| Target, Reinitiate | Seagate Technology Plc | Brean Murray | Buy | $26.00 « $23.00 |
| Downgrade | Sherwin-Williams Company | Hilliard Lyons | Neutral « Long-term Buy | |
| Downgrade | Siemens Ag | Argus | Hold « Buy | |
| Target, Reinitiate | Steel Dynamics, Inc. | Dahlman Rose | Buy | $21.00 « $18.00 |
| Target, Reinitiate | Susquehanna Bancshares, Inc. | FBR Capital | Outperform | $11.50 « $9.00 |
| Upgrade | Synaptics Inc | Needham | Buy « Hold | $41.00 |
| Initiate | Targa Resource Partners | Morgan Keegan | Outperform | $46.00 |
| Initiate | Targa Resources | Morgan Keegan | Outperform | $57.00 |
| Initiate | The Allstate Corporation | William Blair | Outperform | |
| Target | The Bank Of Nova Scotia | Canaccord Genuity | $57.00 « $58.00 | |
| Target, Reinitiate | The Ryland Group, Inc. | Stifel Nicolaus | Buy | $19.00 « $17.00 |
| Target, Reinitiate | The Southern Company | Hilliard Lyons | Buy | $48.00 « $45.00 |
| Downgrade | Tortoise Energy Capital Corporation | Stifel Nicolaus | Hold « Buy | |
| Target, Downgrade | Travelzoo Inc. | The Benchmark Company | Hold « Buy | $30.00 « $37.00 |
| Target | Trinidad Drilling Ltd. | National Bank Financial | $10.50 « $11.50 | |
| Target, Reinitiate | United Rentals, Inc. | UBS Securities | Buy | $50.00 « $40.00 |
| Downgrade | Uroplasty | JMP Securities | Market Perform « Market Outperform | |
| Target | Verde Potash Plc | Fraser Mackenzie | $10.00 « $8.50 | |
| Target, Reinitiate | Verisign, Inc. | Stifel Nicolaus | Buy | $45.00 « $43.00 |
| Target, Reinitiate | Werner Enterprises Inc | Stifel Nicolaus | Buy | $30.00 « $28.00 |
| Target, Reinitiate | Wesco International, Inc. | FBR Capital | Outperform | $65.00 « $55.00 |
| Target | Whistler Blackcomb Holdings Inc | TD Newcrest | $11.00 « $10.00 | |
| Target, Reinitiate | WMS Industries | Stifel Nicolaus | Buy | $24.00 « $26.00 |
| Target, Reinitiate | Zimmer Holdings, Inc. | Kaufman Bros | Hold | $61.00 « $57.00 |
Thursday, January 26, 2012
| Target | 5n Plus Inc. | National Bank Financial | $9.00 « $10.00 | |
| Target | AGF Management | TD Newcrest | $16.50 « $17.50 | |
| Downgrade | AGF Management | BMO Capital Markets | Underperform « Market Perform | |
| Maintain | AGF Management | CIBC World Markets | Sector Perform | $18.00 |
| Target | AK Steel Holding Corporation | Macquarie | $7.00 « $9.00 | |
| Target | Alexandria Real Estate Equities, Inc. | Barclays Capital | $86.00 « $78.00 | |
| Downgrade | Allegheny Technologies Incorporated | S&P Research | Hold « Buy | $52.00 « $55.00 |
| Target | Allegheny Technologies Incorporated | Citigroup | $50.00 « $45.00 | |
| Target, Reinitiate | Allied Nevada Gold Corp. | RBC Capital Markets | Outperform | $58.00 « $61.00 |
| Target | Allied Nevada Gold Corp. | National Bank Financial | $48.50 « $49.50 | |
| Target | Alpha and Omega Semiconductor | Piper Jaffray | $8.80 « $8.00 | |
| Target, Reinitiate | American Axle & Manufacturing | RBC Capital Markets | Sector Perform | $13.00 « $11.00 |
| Target | Anadarko Petroleum Corporation | Barclays Capital | $102.00 « $104.00 | |
| Initiate | Ancestry.com Inc | Imperial Capital | Outperform | $35.00 |
| Target | Apache Corporation | Barclays Capital | $131.00 « $137.00 | |
| Target | Apartment Investment and Manage | Barclays Capital | $25.00 « $23.00 | |
| Downgrade | Apollo Commercial Real Estate | Barclays Capital | Equal Weight | |
| Target | Apple Inc. | ThinkEquity | $550.00 « $475.00 | |
| Target | Apple Inc. | Janney Montgomery Scott | $580.00 « $515.00 | |
| Target | Apple Inc. | S&P Research | $650.00 « $500.00 | |
| Target | Asiainfo Linkage Inc | Susquehanna | $13.00 « $11.00 | |
| Downgrade | Associated Banc Corp | Robert W. Baird | Neutral « Outperform | $14.00 |
| Target, Upgrade | Atlas Air Worldwide Holdings | FBR Capital | Outperform « Market Perform | $56.00 « $42.00 |
| Downgrade | Automatic Data Processing | Citigroup | Neutral « Buy | |
| Downgrade | Automatic Data Processing | Wells Fargo | Market Perform « Outperform | |
| Target | Automatic Data Processing | Evercore Partners | $62.00 | |
| Target | Avalonbay Communities, Inc. | Barclays Capital | $148.00 « $131.00 | |
| Target | Baker Hughes Incorporated | Howard Weil | $76.00 « $68.00 | |
| Target, Reinitiate | BankUnited | RBC Capital Markets | Outperform | $27.00 « $31.00 |
| Target | BankUnited | KBW | $24.00 « $26.00 | |
| Downgrade | BASF SE | HSBC Securities | Neutral « Overweight | |
| Initiate | Batero Gold | Raymond James | Strong Buy | |
| Target | BB&T Corp | Deutsche Bank | $30.00 « $27.00 | |
| Target | Bill Barrett Corporation | Barclays Capital | $40.00 « $53.00 | |
| Downgrade | Bonavista Energy | Macquarie Research | Neutral « Outperform | |
| Target | Boston Properties, Inc. | Barclays Capital | $114.00 « $104.00 | |
| Target | Brandywine Realty | Barclays Capital | $10.00 « $9.00 | |
| Target | Brookfield Office Properties | Barclays Capital | $18.00 « $16.00 | |
| Target, Downgrade | CAMARAC Reit | Scotia Capital | Tender « Sector Perform | $11.00 « $14.00 |
| Target | Camden Property | Barclays Capital | $74.00 « $65.00 | |
| Initiate | Carefusion Corporation | Auriga U.S.A | Buy | $28.00 |
| Target | CB Richard Ellis Group | Barclays Capital | $22.00 « $20.00 | |
| Target | CBL & Associates | Barclays Capital | $18.00 « $16.00 | |
| Downgrade | Charles Schwab | JP Morgan | Neutral « Overweight | |
| Target | Chesapeake Energy Corporation | Barclays Capital | $31.00 « $38.00 | |
| Target | Cimarex Energy | Barclays Capital | $73.00 « $90.00 | |
| Target, Reinitiate | Coherent | Longbow | Buy | $70.00 « $65.00 |
| Target | Colonial Properties Trust | Barclays Capital | $20.00 « $19.00 | |
| Target | Comstock Resources | Barclays Capital | $14.00 « $20.00 | |
| Target | Concho Resources Inc. | Barclays Capital | $111.00 « $114.00 | |
| Upgrade | Consolidated Edison, Inc. | Jefferies & Co | Hold « Underperform | |
| Initiate | Continental Gold Limited | Raymond James | Outperform | |
| Target, Reinitiate | Continental Resources, Inc. | RBC Capital Markets | Sector Perform | $82.00 « $80.00 |
| Target | Continental Resources, Inc. | Macquarie Research | $83.00 « $78.00 | |
| Target, Reinitiate | Corning Incorporated | RBC Capital Markets | Outperform | $16.00 « $18.00 |
| Target | Crescent Point Energy | RBC Capital Markets | $56.00 « $54.00 | |
| Target | Crescent Point Energy | Macquarie Research | $53.50 « $51.50 | |
| Target | Crescent Point Energy | CIBC World Markets | Sector Outperform | $59.00 « $57.00 |
| Downgrade | Crescent Point Energy | Salman Partners | Hold « Buy | |
| Target | Crexus Investment Corp | Barclays Capital | $11.00 « $10.00 | |
| Target | Crown Castle | Citigroup | $49.00 « $46.00 | |
| Target, Reinitiate | Cullen/Frost Bankers | FBR Capital | Market Perform | $53.00 « $45.00 |
| Target, Reinitiate | Cullen/Frost Bankers | RBC Capital Markets | Sector Perform | $58.00 « $50.00 |
| Target | Cullen/Frost Bankers | KBW | $48.00 « $45.00 | |
| Maintain | Danvers Bancorp | CIBC World Markets | Sector Perform | $48.00 |
| Target, Reinitiate | Delta Air Lines, Inc. | Dahlman Rose | Buy | $14.00 « $10.00 |
| Target | Delta Air Lines, Inc. | UBS Securities | $15.00 « $12.00 | |
| Upgrade | Delta Air Lines, Inc. | Evercore Partners | Equal Weight « Underweight | |
| Target | Denbury Resources Inc. | Barclays Capital | $24.00 « $23.00 | |
| Target | Devon Energy Corporation | Barclays Capital | $77.00 « $85.00 | |
| Target | Digital Realty Trust, Inc. | Barclays Capital | $73.00 « $66.00 | |
| Target | Douglas Emmett | Barclays Capital | $20.00 « $19.00 | |
| Upgrade | Dover | Stifel Nicolaus | Buy « Hold | $76.00 |
| Upgrade | Dr Pepper Snapple Group Inc. | Goldman Sachs | Neutral « Sell | |
| Maintain | Dreamworks Animation Skg, Inc. | S&P Research | Strong Buy | $28.00 |
| Target | Duke Realty | Barclays Capital | $13.00 « $12.00 | |
| Target | Dupont Fabros Technology, Inc. | Barclays Capital | $29.00 « $26.00 | |
| Target | E*TRADE Financial | Macquarie Research | $8.00 « $10.00 | |
| Downgrade | E*TRADE Financial | Goldman Sachs | Neutral « Buy | |
| Target | Electronic Arts | MKM Partners | $19.00 « $24.00 | |
| Upgrade | Electronics for Imaging | BMO Capital Markets | Outperform | |
| Target | Encana Corporation | Barclays Capital | $17.00 « $22.00 | |
| Target | Energen Corporation | Susquehanna | $65.00 « $60.00 | |
| Downgrade | Enterprise Financial | Stifel Nicolaus | Hold « Buy | |
| Target | Equity One | Barclays Capital | $16.00 « $15.00 | |
| Upgrade | Equity Residential | Barclays Capital | Overweight « Equal Weight | |
| Target | Essex Property Trust | Barclays Capital | $156.00 « $140.00 | |
| Downgrade | Estrella International Energy Services | Macquarie Research | Underperform « Neutral | |
| Downgrade | Excel Trust | Barclays Capital | Equal Weight « Overweight | |
| Target | Excelsior Mining Corp | Barclays Capital | $10.00 « $9.00 | |
| Target | Exco Resources, Inc. | Barclays Capital | $10.00 « $14.00 | |
| Target | Exelon Corporation | Bernstein | $36.00 « $41.00 | |
| Target | Exelon Corporation | Macquarie Research | $43.00 « $45.00 | |
| Downgrade | F.N.B. Corporation | Sandler O'Neil | Sell | |
| Target | Fedex Corporation | Nomura | $90.00 « $75.00 | |
| Target | Fifth Third Bancorp | Deutsche Bank | $14.00 « $11.00 | |
| Target, Reinitiate | First Cash Financial | FBR Capital | Outperform | $50.00 « $58.00 |
| Target, Reinitiate | First Commonwealth Financial | FBR Capital | Outperform | $7.50 « $6.00 |
| Downgrade | First Horizon National Corporation | Deutsche Bank | Hold « Buy | |
| Target | First Midwest Bancorp | Jefferies & Co | $13.00 « $12.00 | |
| Target | First Midwest Bancorp | KBW | $12.00 « $13.00 | |
| Target | Forbes and Manhattan Coal | Canaccord Genuity | $3.60 « $4.20 | |
| Target | Forest Oil Corporation | Barclays Capital | $16.00 « $19.00 | |
| Initiate | Galway Resources Ltd | Raymond James | Strong Buy | |
| Downgrade | General Dynamics Corporation | Oppenheimer | Perform « Outperform | |
| Downgrade | General Dynamics Corporation | Standpoint Research | Hold « Buy | |
| Target | General Dynamics Corporation | Citigroup | $85.00 « $88.00 | |
| Target | General Growth Properties, Inc | Barclays Capital | $14.00 « $13.00 | |
| Target | Genworth Financial | Scotia Capital | $8.00 « $7.00 | |
| Downgrade | Global Payments Inc. | Stifel Nicolaus | Hold « Buy | |
| Target | Great-West Lifeco | Scotia Capital | $24.00 « $234.00 | |
| Target | Greenhill | KBW | $45.00 « $40.00 | |
| Upgrade | Greenhill | Goldman Sachs | Neutral « Sell | $49.00 « $36.00 |
| Target | Hanmi Financial | KBW | $8.50 « $6.80 | |
| Downgrade | HCA Holdings | Auriga U.S.A | Hold « Buy | |
| Downgrade | Hologic | Stifel Nicolaus | Hold « Buy | |
| Target | Home Properties, Inc. | Barclays Capital | $65.00 « $62.00 | |
| Target | Hudson Pacific Properties | Barclays Capital | $18.00 « $16.00 | |
| Target | Huntington Ingalls Industries | Deutsche Bank | $6.00 « $5.00 | |
| Target | Iberiabank | Wunderlich Securities | $65.00 « $70.00 | |
| Target | Igate Corporation | Jefferies & Co | $18.00 « $13.00 | |
| Target, Reinitiate | Igate Corporation | RBC Capital Markets | Outperform | $23.00 « $20.00 |
| Target | Illumina Inc | Mizuho Securities | $62.00 « $40.00 | |
| Target, Downgrade | Illumina Inc | S&P Research | Hold « Buy | $54.00 |
| Upgrade | Illumina Inc | Cowen | Outperform | |
| Downgrade | Indiana Community Bancorp | Hilliard Lyons | Underperform « Neutral | |
| Target | Industrial Alliance | Scotia Capital | $31.00 « $37.00 | |
| Downgrade | Inhibitex | Canaccord Genuity | Hold « Buy | $26.00 |
| Target | Inphi Corporation | Jefferies & Co | $18.00 « $14.00 | |
| Target, Reinitiate | Integrated Silicon | Needham | Buy | $13.00 « $10.00 |
| Maintain | International Rectifier Corporation | S&P Research | Hold | $25.00 |
| Target | Jones Lang Lasalle Incorporated | Barclays Capital | $94.00 « $84.00 | |
| Target | JP Morgan Chase | Deutsche Bank | $45.00 « $43.00 | |
| Target | Kapstone Paper And Packaging Corp. | Citigroup | $34.00 « $29.00 | |
| Target | Keycorp | Deutsche Bank | $9.00 « $8.00 | |
| Target | Kimco Realty | Barclays Capital | $19.00 « $18.00 | |
| Target | Knight Transportation | Citigroup | $19.00 « $16.00 | |
| Target | Lam Research Corporation | Barclays Capital | $52.00 « $46.00 | |
| Target | Lexington Realty Trust | Barclays Capital | $10.00 « $8.00 | |
| Upgrade | Life Technologies Corp. | Leerink Swann | Outperform « Market Perform | |
| Target | Lincoln National Corporation | Scotia Capital | $29.00 « $25.00 | |
| Target, Reinitiate | LM Ericsson Telephone | RBC Capital Markets | Sector Perform | $11.00 « $16.00 |
| Target | M&T Bank | Deutsche Bank | $82.00 « $72.00 | |
| Target | Mack-Cali Realty | Barclays Capital | $31.00 « $30.00 | |
| Target | Mack-Cali Realty | S&P Research | Buy | $32.00 |
| Downgrade | Manulife Financial Corp. | UBS Securities | Neutral « Buy | |
| Target | Manulife Financial Corp. | Scotia Capital | $15.50 « $16.00 | |
| Target | Marchex | ThinkEquity | $8.00 « $11.00 | |
| Target, Reinitiate | Marchex | RBC Capital Markets | Sector Perform | $6.00 « $10.00 |
| Target | Mastercard Incorporated | Jefferies & Co | $418.00 « $401.00 | |
| Downgrade | MDC Holdings | Citigroup | Neutral « Buy | |
| Downgrade | Meadowbrook Insurance | KBW | Market Perform « Outperform | |
| Target | MeadWestvaco Corporation | JP Morgan | $33.00 « $35.00 | |
| Target | MeadWestvaco Corporation | RBC Capital Markets | $33.00 « $35.00 | |
| Target | Mellanox Technologies | Barclays Capital | $42.00 « $40.00 | |
| Target, Reinitiate | Mellanox Technologies | Needham | Buy | $42.00 « $39.00 |
| Target | Meridian Bioscience | Canaccord Genuity | $25.00 « $26.00 | |
| Initiate | Met-Pro Corp | Boenning & Scattergood | Outperform | $12.00 |
| Target | Metlife, Inc. | Scotia Capital | $46.00 « $42.00 | |
| Target, Reinitiate | Molex Inc. | RBC Capital Markets | Sector Perform | $28.00 « $26.00 |
| Target | Molex Inc. | Longbow | $31.00 « $27.00 | |
| Target | Molina Healthcare | Susquehanna | $29.00 « $34.00 | |
| Target | Murphy Oil Corporation | Scotia Capital | $60.00 « $55.00 | |
| Target | NBT Bancorp Inc | KBW | $21.00 « $22.00 | |
| Target, Reinitiate | Netflix, Inc. | Oppenheimer | Outperform | $130.00 « $90.00 |
| Target | Netflix, Inc. | Barclays Capital | $115.00 « $105.00 | |
| Upgrade | Netflix, Inc. | Citigroup | Buy « Neutral | |
| Target | Nevada Copper Corp. | Paradigm Research | $9.00 « $10.00 | |
| Target | Newfield Exploration Co. | Barclays Capital | $54.00 « $64.00 | |
| Target, Reinitiate | Nuvasive, Inc. | RBC Capital Markets | Sector Perform | $18.00 « $16.00 |
| Target | Nuvasive, Inc. | ThinkEquity | $21.00 « $16.00 | |
| Target | Nvidia Corporation | S&P Research | Hold | $18.00 « $19.00 |
| Downgrade | Oracle Corporation | Macquarie | Neutral « Outperform | |
| Target | Owens Corning | Barclays Capital | $15.00 « $17.00 | |
| Target, Reinitiate | Parametric Technolgy | Brigantine | Buy | $27.00 « $25.00 |
| Target, Reinitiate | Polaris Industries | RBC Capital Markets | Outperform | $73.00 « $64.00 |
| Target, Downgrade | Polaris Minerals | Canaccord Genuity | Hold « Speculative Buy | $0.60 « $0.55 |
| Target | Polycom, Inc. | S&P Research | Hold | $21.00 « $25.00 |
| Initiate | Powell Industries | Rodman & Renshaw | Market Perform | |
| Downgrade | Progress Energy Resources Corp. | Macquarie Research | Neutral « Outperform | |
| Target | Prudential Financial | Scotia Capital | $70.50 « $60.00 | |
| Maintain | Rainy River Resources | CIBC World Markets | Sector Perform | $10.00 |
| Downgrade | Reliance Steel & Aluminum | Dahlman Rose | Hold « Buy | |
| Target, Reinitiate | RPC Inc | Dahlman Rose | Hold | $17.00 « $22.00 |
| Target, Reinitiate | Sandisk Corporation | RBC Capital Markets | Top Pick | $67.00 « $73.00 |
| Initiate | School Specialty | Dougherty & Company | Buy | $8.50 |
| Target, Downgrade | Silicon Laboratories | Miller Tabak | Hold « Buy | $49.00 « $44.00 |
| Downgrade | Southern Copper | Dahlman Rose | Sell « Hold | |
| Target, Upgrade | St. Jude Medical, Inc. | Canaccord Genuity | Buy « Hold | $50.00 « $42.00 |
| Target, Reinitiate | Steel Dynamics, Inc. | Longbow | Buy | $18.00 « $15.00 |
| Target | Sun Life Financial Inc. | Scotia Capital | $25.00 « $30.00 | |
| Downgrade | Sun Life Financial Inc. | UBS Securities | Neutral « Buy | |
| Downgrade | Suntech Power Holdings | Stifel Nicolaus | Sell « Hold | |
| Target, Reinitiate | TE Connectivity | Longbow | Buy | $46.00 « $48.00 |
| Target, Reinitiate | Texas Capital Bancshares, Inc. | Wunderlich | Hold | $32.00 « $29.00 |
| Target, Reinitiate | Textron | RBC Capital Markets | Outperform | $28.00 « $23.00 |
| Downgrade | The Macerich Company | Barclays Capital | Equal Weight « Overweight | |
| Downgrade | Thomson Reuters Corporation | Goldman Sachs | Sell « Neutral | |
| Maintain | Tourmaline Oil | Scotia Capital | Sector Outperform | $39.00 |
| Maintain | Tourmaline Oil | CIBC World Markets | Sector Outperform | $35.00 |
| Initiate | TransMontaigne Partners | William Blair | Market Perform | |
| Target, Reinitiate | United Rentals, Inc. | Oppenheimer | Outperform | $44.00 « $39.00 |
| Downgrade | Vale | Dahlman Rose | Hold « Buy | |
| Downgrade | Wesbanco, Inc. | Stifel Nicolaus | Hold « Buy | |
| Downgrade | Wild Stream Exploration | CIBC World Markets | Sector Perform « Sector Outperform | |
| Downgrade | Wild Stream Exploration | Scotia Capital | Tender « Sector Outperform | |
| Target | Wild Stream Exploration | CIBC World Markets | $10.00 « $14.75 | |
| Target | Wild Stream Exploration | Paradigm Research | $11.40 « $16.00 | |
| Target | Yangarra Resources | Raymond James | $0.75 « $0.80 |