Friday, December 9, 2011

Lamar (LAMR) (LYB) (MCP) (FNFG) (GTLS) (IVR) Ratings, Price Targets

Lamar Advertising Company (LAMR), LyondellBasell (LYB), Molycorp, Inc. (MCP), First Niagara Financial Group Inc. (FNFG), Chart Industrials (GTLS) and Invesco Mortgage Capital Inc. (IVR) ratings and price targets.

Goldman Sachs (NYSE:GS) initiated coverage on Lamar Advertising Company (LAMR). They placed a “Neutral” rating on the company.

Deutsche Bank (NYSE:DB) reiterated its “Sell” rating on LyondellBasell (LYB). They have a price target of $40.00 on the company.

ThinkEquity initiated coverage on Molycorp, Inc. (MCP). They placed a “Hold” rating on the company.

HSBC (NYSE:HBC) downgraded First Niagara Financial Group Inc. (FNFG) to a “market perform” rating.

Global Hunter Securities initiated coverage on Chart Industrials (GTLS). They placed an “Accumulate” rating and a price target of $74.00 on the company.

JMP Securities downgraded shares of Invesco Mortgage Capital Inc. (IVR) from an “outperform” rating to a “market perform” rating.

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