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Friday, February 17, 2012

Petrobras (PBR) (JEF) (CISG) (ARMH) (ARTC) (LEAP) Ratings, Price Targets

Petrobras Brasileiro (NYSE:PBR), Jefferies Group (NYSE:JEF), CNinsure (NASDAQ:CISG), ARM Holdings (NASDAQ:ARMH), ArthroCare (NASDAQ:ARTC) and Leap Wireless (NASDAQ:LEAP) had ratings and price targets on them adjusted by analysts.

Raymond James (NYSE:RJF) initiated coverage on Jefferies Group (JEF). They placed a "Market Perform" rating on the company.

Oppenheimer (NYSE:OPY) initiated coverage on CNinsure (CISG). They placed a "Perform" rating on the company.

ARM Holdings (ARMH) was upgraded by Natixis from a "Reduce" rating to a "Neutral" rating.

Petrobras Brasileiro (PBR) was downgraded by Barclays (NYSE:BCS) from an "Overweight" rating to an "Equal Weight" rating.

ArthroCare (ARTC) was downgraded by Jefferies from a "Buy" rating to a "Hold" rating.

Leap Wireless (LEAP) was downgraded by Collins Stewart from a "Buy" rating to a "Neutral rating. They slashed their price target on the company from $18.00 to $12.00.

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