Citigroup (C) (WNR) (CADX) (CCL) (CCOI) (CHK) Ratings, Price Targets

Citigroup (C), Western Refining, Inc. (WNR), Cadence Pharmaceuticals, Inc. (CADX), Carnival Co. (CCL), Cogent Communications (CCOI) and Chesapeake Energy (CHK) ratings and price targets.

Deutsche Bank (NYSE:DB) downgraded Western Refining, Inc. (WNR) from a “Buy” rating to a “Hold” rating. They have a price target of $16.00 on the company.

Sterne Agee reiterated its “Buy” on Citigroup (C). They have a price target of $40.00 on the company.

Oppenheimer upgraded Cadence Pharmaceuticals, Inc. (CADX) from an “Underperform” rating to a “Perform” rating.

HSBC (NYSE:HBC) initiated coverage on Carnival Co. (CCL). They placed a “Neutral” rating and a price target of $34.00 on the company.

Jefferies (NYSE:JEF) upgraded Cogent Communications (CCOI) to a “Buy”

rating. They have a price target of $21.00 on the company.

Oppenheimer lowered its price target on Chesapeake Energy (CHK) to $35.00.