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Thursday, November 17, 2011

McMoRan (MMR) (KITD) (NBTB) (NMM) (REXX) (RIMM) Ratings, Price Targets

McMoRan Exploration (MMR), Kit Digital Inc (KITD), NBT Bancorp Inc. (NBTB), Navios Maritime Partners L.P. (NMM), Rex Energy (REXX) and Research In Motion (RIMM) ratings and price targets updates from analysts.

JMP Securities initiated coverage on Kit Digital Inc (KITD). They placed an “Outperform” rating on the company.

RBC Capital raised its price target on McMoRan Exploration (MMR) from $17.00 to $19.00. They have an “Outperform” rating on the company.

Guggenheim downgraded NBT Bancorp Inc. (NBTB) from a “Buy” rating to a “Neutral” rating.

RBC Capital initiated coverage on Navios Maritime Partners L.P. (NMM). They placed an “Outperform” rating and a price target of $20.00 on the company.

Global Hunter Securities initiated coverage on Rex Energy (REXX). They placed a “Buy” rating and a price target of $23.00 on the company.

Goldman Sachs (NYSE:GS) upgraded Research In Motion (RIMM) from a “Sell” rating to a “Neutral” rating.

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