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Monday, December 12, 2011

Red Hat (RHT) (RIG) (SCLN) (BBY) (BYI) (CHK) Ratings, Price Targets

Red Hat (RHT), Transocean (RIG), SciClone Pharmaceuticals (SCLN), Best Buy Co., Inc. (BBY), Bally Technologies Inc. (BYI) and Chesapeake Energy (CHK) ratings and price targets.

Citigroup (NYSE:C) raised its price target on Red Hat (RHT) to $60.00.

Howard Weil upgraded Transocean (RIG) from a “Market Perform” rating to an “Outperform” rating.

Cowen initiated coverage on SciClone Pharmaceuticals (SCLN). They placed an “Outperform” rating on the company.

Citigroup reiterated its “Buy” rating on Best Buy Co., Inc. (BBY). They have a price target of $21.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) upgraded Bally Technologies Inc. (BYI) from a “Neutral” rating to an “Overweight” rating. They have a price target of $47.00 on the company.

Citigroup reiterated its “Buy” rating on Chesapeake Energy (CHK). They have a price target of $32.00 on the company.

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