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Wednesday, November 23, 2011

Qad (QADB) (RENN) (SNH) (CIM) (CIT) (CME) Ratings, Price Targets

Qad Inc. (QADB), Renren Inc. (RENN), Senior Housing (SNH), Chimera Investment Co. (CIM), CIT Group Inc. (CIT) and CME Group Inc. (CME) ratings and price targets.

Benchmark Co. raised its price target on Qad Inc. (QADB) to $15.00.

Pacific Crest downgraded Renren Inc. (RENN) from an “Outperform” rating to a “Sector Perform” rating.

Stifel Nicolaus upgraded Senior Housing (SNH) from a “Hold” rating to a “Buy” rating. They have a price target of $23.00 on the company.

Bank of America (NYSE:BAC) reiterated its “Neutral” rating on Chimera Investment Co. (CIM). They have a price target of $2.75 on the company.

Jefferies (NYSE:JEF) initiated coverage on CIT Group Inc. (CIT). They placed a “Hold” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) reiterated its “Overweight” rating on CME Group Inc. (CME).

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