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Monday, December 12, 2011

CONN’S (CONN) (PNM) (RBCN) (RHHBY) (CNQ) (CPF) Ratings, Price Targets

CONN’S, Inc. (CONN), PNM Resources, Inc. (PNM), Rubicon Technology, Inc. (RBCN), Roche Holding Ltd. (RHHBY), Canadian Natural Resources (CNQ) and Cpb Inc. (CPF) ratings and price targets.

Wells Fargo & Co. (NYSE:WFC) downgraded PNM Resources, Inc. (PNM) from an “Outperform” rating to a “Market Perform” rating.

RBC Capital upgraded Rubicon Technology, Inc. (RBCN) from an “Underperform” rating to a “Neutral” rating. They have a price target of $9.00 on the company.

Credit Suisse (NYSE:CS) upgraded Roche Holding Ltd. (RHHBY) from a “Neutral” rating to an “Outperform” rating.

Citigroup (NYSE:C) reiterated its “Buy” rating on Canadian Natural Resources (CNQ). They have a price target of $50.00 on the company.

Jefferies (NYSE:JEF) raised its price target on CONN’S, Inc. (CONN) to $12.00.

Keefe, Bruyette & Woods initiated coverage on Cpb Inc. (CPF). They placed a “Market Perform” rating on the company.

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