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Monday, September 26, 2011

Pandora (P) (OTEX) (SMBL) (RDC) (RENN) Upgraded

Pandora Media (NYSE: P), Open Text (NASDAQ: OTEX), Smart Balance Inc (NASDAQ: SMBL), Rowan Companies, Inc. (NYSE: RDC) and Renren Inc. (NASDAQ: RENN) were upgraded by analysts.

Pandora Media (P) was upgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Overweight” rating. They have a price target of $16.00 on the company, down from $19.00.

Open Text (OTEX) was upgraded by The Benchmark Company from a “Sell” rating to a “Hold” rating.

Smart Balance Inc. (SMBL) was upgraded by BB&T (NYSE:BBT) from a “Hold” rating to a “Buy” rating.

Rowan Companies, Inc. (RDC) was upgraded by Global Equities Research from a “Neutral” rating to a “Buy” rating. They have a price target of $44.00 on the company.

Renren Inc. (RENN) was upgraded by Maxim Group from a “Sell” rating to a “Hold” rating.

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