Price Targets on (ARG) (BEAT) (CVS) (CI) (CRU) Upgraded

Price Targets on shares of Airgas, Inc. (NYSE: ARG), Cardionet Inc (NASDAQ: BEAT), CVS Caremark (NYSE: CVS), CIGNA Co. (NYSE: CI) and Crude Carriers Corp. (NYSE: CRU) were upgraded by analysts.

Deutsche Bank (NYSE:DB) raised their price target on Airgas, Inc. (ARG) from $64.00 to $70.00. They have a “hold” rating on the company.

Barrington Research cut their price target on Cardionet Inc (BEAT) from $9.00 to $7.00. They have an “outperform” rating on the company.

Barclays Capital raised their price target on CVS Caremark (CVS) from $37.00 to $44.00. They have an “overweight” rating on the company.

Barclays Capital raised their price target on CIGNA Co. (CI) from $46.00 to $52.00. They have an “equal weight” rating on the company.

UBS AG (NYSE:UBS) cut their price target on Crude Carriers Corp. (CRU) from $19.00 to $15.50. They have a “buy” rating on the company.

Crude Carriers (NYSE:CRU) Spot Exposure Could Weight on 2011 Earnings

Citing their spot exposure, Canter Fitzgerald said Crude Carriers' (NYSE:CRU) earnings could come under pressure in 2011.

Cantor says, "While we note the company's modern fleet, full dividend payout, and low leverage are attractive, we suggest CRU's full spot exposure could weigh on earnings in 2011, as we expect the market to remain difficult. Based on our new 2011 rate forecasts, we look for CRU to pay a dividend of $1.86 in 2011, implying a yield of 11.6% based on yesterday's closing price.

"We lower our 4Q:10 EPS forecast to ($0.03) (from $0.06) and lower our 2011 EPS and EBITDA forecasts to $0.65 (from $1.02) and $32 million (from $37 million), respectively."

Cantor Fitzgerald downgraded Crude Carriers (CRU) from "Buy" to "Hold." Crude Carries closed Friday at $15.80, dropping $0.22, or 1.37 percent. Cantor lowered their price target on Crude Carriers from $19 to $16.