Ratings on (PETD) (PFCB) (SCHN) (VR) Upgraded

Ratings on shares of Petroleum Development Co. (NASDAQ: PETD), P.F. Chang’s China Bistro (NASDAQ: PFCB), Schnitzer Steel (NASDAQ: SCHN) and Validus Holdings, Ltd. (NYSE: VR) upgraded by analysts.

Credit Suisse (NYSE:CS) upgraded Petroleum Development Co. (PETD) from a “neutral” rating to an “outperform” rating. They have a price target of $42.00 on the company.

Raymond James (NYSE:RJF) upgraded P.F. Chang’s China Bistro (PFCB) from a “market perform” rating to an “outperform” rating.

Credit Agricole upgraded Schnitzer Steel (SCHN) to an “outperform” rating.

Stifel Nicolaus upgraded Validus Holdings, Ltd. (VR) from a “hold” rating to a “buy” rating. They have a price target of $40.00 on the company.