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Tuesday, December 13, 2011

Microsoft (MSFT) (MNI) (MRO) (FNGN) (FOE) (FRED) Ratings, Price Targets

Microsoft Corp. (MSFT), The McClatchy Company (MNI), Marathon Oil Co. (MRO), Financial Engines Inc. (FNGN), Ferro Co. (FOE) and Fred’s (FRED) ratings and price targets.

Benchmark Co. reiterated its “Hold” rating on The McClatchy Company (MNI).

Deutsche Bank (NYSE:DB) upgraded Marathon Oil Co. (MRO) from a “Hold” rating to a “Buy” rating. They have a price target of $37.00 on the company, up from $33.00.

Ticonderoga lowered its price target on Microsoft Corp. (MSFT) from $34.00 to $31.00. They have a “Buy” rating on the company.

Needham & Company initiated coverage on shares of Financial Engines Inc. (FNGN). They placed a “Buy” rating and a price target of $26.00 on the company.

Northcoast Research initiated coverage on Ferro Co. (FOE). They placed a “Neutral” rating on the company.

FBR Capital initiated coverage on Fred’s (FRED). They placed a “Market Perform” rating on the company.

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