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Tuesday, November 29, 2011

Newpark (NR) (LULU) (MSG) (MTOR) (MTRN) (NBR) (NFP) (NOV) Ratings, Price Targets

Newpark Resources, Inc. (NR), Lululemon (LULU), Madison Square Garden, Inc. (MSG), Meritor (MTOR), Brush Engineered Materials Inc. (MTRN), Nabors Industries (NBR), National Financial Partners Corp. (NFP) and National-Oilwell Varco, Inc. (NOV) ratings and price targets.

Jefferies (NYSE:JEF) initiated coverage on Newpark Resources, Inc. (NR). They placed a “Buy” rating on the company.

Jefferies reiterated its “Hold” rating on Lululemon (LULU). They have a price target of $59.00 on the company.

Maxim Group reiterated its “Buy” rating on Madison Square Garden, Inc. (MSG).

Morgan Stanley (NYSE:MS) upgraded Meritor (MTOR) from an “Underweight” rating to an “Overweight” rating. They have a price target of $8.00 on the company.

KeyBanc upgraded Brush Engineered Materials Inc. (MTRN) from a “Hold” rating to a “Buy” rating. They have a price target of $31.00 on the company.

Jefferies downgraded Nabors Industries (NBR) to a “Hold” rating. They have a price target of $19.00 on the company.

Bank of America (NYSE:BAC) downgraded National Financial Partners Corp. (NFP) to an “Underperform” rating. They have a price target of $17.00 on the company.

Jefferies initiated coverage on National-Oilwell Varco, Inc. (NOV). They placed a “Buy” rating on the company.

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