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Wednesday, November 30, 2011

Pinnacle (PNW) (RIG) (FIG) (DG) (EDU) (FE) Ratings, Price Targets

Pinnacle West Capital Co. (PNW), Transocean (RIG), Fortress Investment Group LLC (FIG), Dollar General (DG), New Oriental Education & Tech. Group Inc (EDU) and FirstEnergy Corp. (FE) ratings and price targets.

Goldman Sachs (NYSE:GS) raised its price target on Pinnacle West Capital Co. (PNW) to $47.00.

Tudor Pickering upgraded Transocean (RIG) to a “Hold” rating.

JMP Securities initiated coverage on Fortress Investment Group LLC (FIG). They placed a “Market Perform” rating on the company.

Citigroup (NYSE:C) reiterated its “Buy” rating on Dollar General (DG). They have a price target of $49.00 on the company.

Credit Suisse (NYSE:CS) initiated coverage on New Oriental Education & Tech. Group Inc (EDU). They placed an “Outperform” rating on the company.

ISI Group upgraded FirstEnergy Corp. (FE) from a “Hold” rating to a “Buy” rating. They have a price target of $52.00 on the company.

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