UPGRADES/DOWNGRADES
Equity ratings changes direct from brokerage firms.
Last Update: 05-Dec-12 10:51 ET
Click on the section headers to see the full listing of ratings.
Ratings Systems

Upgrades
Company Ticker Brokerage Firm Ratings Change Price Target
Tupperware TUP Argus Hold » Buy $72
American Intl AIG Argus Hold » Buy $40
Digital Realty Trust DLR Cantor Fitzgerald Sell » Hold $70.50 » $70
Dupont Fabros Tech DFT Cantor Fitzgerald Hold » Buy $29.50 » $28
PNC PNC FBR Capital Mkt Perform » Outperform $63 » $61

Downgrades
Company Ticker Brokerage Firm Ratings Change Price Target
HEICO HEI RBC Capital Mkts Outperform » Sector Perform $45 » $39
Cliffs Natural Resources CLF RBC Capital Mkts Outperform » Sector Perform $45 » $32
WABCO Holdings WBC William Blair Outperform » Mkt Perform $65
NVIDIA NVDA Oppenheimer Outperform » Perform
Liberty Media LMCA Wunderlich Buy » Hold $117 » $110

Coverage Initiated
Company Ticker Brokerage Firm Ratings Change Price Target
Sanchez Energy SN RBC Capital Mkts Sector Perform $21
Honeywell HON Stifel Nicolaus Buy $72
Chart Indust GTLS Stifel Nicolaus Hold
Dakota Plains DAKP Northland Securities Outperform $5
Limited LTD FBR Capital Mkt Perform $50

Coverage Reit/Price Tgt Changed*
Company Ticker Brokerage Firm Ratings Change Price Target
Microsoft MSFT MKM Partners Neutral $32 » $28
Regal-Beloit RBC RBC Capital Mkts Outperform $73 » $80
AutoZone AZO RBC Capital Mkts Sector Perform $395 » $390
Toll Brothers TOL Compass Point Neutral $35.50 » $30
Pandora Media P Stifel Nicolaus Buy $17 » $14



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