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Friday, November 18, 2011

Rubicon (RBCN) (CRZBY) (RF) (RS) (SCG) (SFD) Ratings, Price Targets

Rubicon Technology, Inc. (RBCN), Commerzbank AG (CRZBY), Regions Financial Corp (RF), Reliance Steel & Aluminum (RS), Scana Corporation (SCG) and Smithfield Foods, Inc. (SFD) ratings and price targets.

UBS AG (NYSE:UBS) downgraded Commerzbank AG (CRZBY) from a “Neutral” rating to a “Sell” rating.

Goldman Sachs (NYSE:GS) initiated coverage on Rubicon Technology, Inc. (RBCN). They placed a “Sell” rating on the company.

Bank of America lowered its price target on Regions Financial Corp (RF) to $5.00.

Bank of America (NYSE:BAC) reiterated its “Buy” on Reliance Steel & Aluminum (RS). They have a price target of $60.00 on the company.

Wunderlich raised its price target on Scana Corporation (SCG) to $45.00.

Credit Suisse (NYSE:CS) upgraded Smithfield Foods, Inc. (SFD) from a “Neutral” rating to an “Outperform” rating. They have a price target of $29.00 on the company.

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