PLX (PLXT) (GCI) (LEAP) (WU) (CBB) (FTR) Ratings, Price Targets

PLX Technology Inc. (NASDAQ: PLXT), Gannett (NYSE: GCI), Leap Wireless (NASDAQ: LEAP), The Western Union Company (NYSE: WU), Cincinnati Bell (NYSE: CBB) and Frontier Communications (NASDAQ: FTR) ratings and price targets.

ThinkEquity initiated coverage on PLX Technology Inc. (PLXT). They placed "Buy" rating and price target of $4 on the company.

Gannett (GCI) had its “Neutral” rating reiterated by Zacks Investment Research

Leap Wireless (LEAP) had its “Market Perform” rating reiterated by Wells Fargo & Co. (NYSE: WFC).

The Western Union Company (WU) had its “Outperform” rating reiterated by Wells Fargo & Co.

Piper Jaffray initiated coverage on Cincinnati Bell (CBB). They placed a "Neutral" rating on the company.

Piper Jaffray initiated coverage on Frontier Communications (FTR). They placed a "Neutral" rating on the company.

AT&T (T) (FES) (FTR) (TBNK) (FULT) (GPRO) Get New Coverage

AT&T Inc. (NYSE: T), Forbes Energy Services Ltd (NYSE: FES), Frontier Communications (NYSE: FTR), Territorial Bancorp (NASDAQ: TBNK), Fulton Financial (NASDAQ: FULT) and Gen-Probe Incorporated (NASDAQ: GPRO) getting new coverage from analysts.

Global Hunter Securities initiated coverage on Forbes Energy Services Ltd (FES). They placed a “Buy” rating and a price target of $10.00 on the company.

Jefferies (NYSE:JEF) initiated coverage on Frontier Communications (FTR). They placed a “Buy” rating on the company.

Jefferies initiated coverage on AT&T Inc. (T). They placed a “Hold” rating on the company.

Sandler O’Neill initiated coverage on Territorial Bancorp (TBNK). They placed a “Hold” rating on the company.

BB&T (NYSE:BBT) initiated coverage on Fulton Financial (FULT). They placed a “Buy” rating and a price target of $12.00 on the company.

ThinkEquity initiated coverage on Gen-Probe Incorporated (GPRO). They placed a “Buy” rating and a price target of $74.00 on the company.

WESCO (WCC) (WNR) (AAP) (FTR) (MCY) (AIZ) Upgraded

WESCO International, Inc. (NYSE: WCC), Western Refining, Inc. (NYSE: WNR), Advance Auto Parts, Inc. (NYSE: AAP), Frontier Communications (NYSE: FTR), Mercury General Co. (NYSE: MCY) and Assurant, Inc. (NYSE: AIZ) upgraded by analysts.

WESCO International, Inc. (WCC) was upgraded by Keybanc from a “Hold” rating to a “Buy” rating. They have a price target of $48.00 on the company.

Western Refining, Inc. (WNR) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating.

Advance Auto Parts, Inc. (AAP) was upgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Outperform” rating.

Frontier Communications (FTR) was upgraded by Macquarie from an “Underperform” rating to a “Neutral” rating.

Mercury General Co. (MCY) was upgraded by Stifel Nicolaus from a “Sell” rating to a “Hold” rating.

Assurant, Inc. (AIZ) was upgraded by Goldman Sachs from a “Neutral” rating to a “Buy” rating.

Dividend Yields for (FTR) (HCN) (WIN) (CTL) (T) (VZ)

Indicated dividend yields for Standard & Poor's 500 Index companies Frontier Communications Corp (FTR), Health Care REIT Inc (HCN), Windstream Corp (WIN), CenturyLink Inc (CTL), AT&T Inc (T) and Verizon Communications Inc (VZ).

These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.

Frontier Communications Corp (FTR) has a dividend yield of 9.06 percent on a declared dividend of $0.19. The payout ratio is 405.2 percent.

Health Care REIT Inc (HCN) has a dividend yield of 5.32 percent on a declared dividend of $0.71. The payout ratio is 115.3 percent.

Windstream Corp (WIN) has a dividend yield of 7.81 percent on a declared dividend of $0.25. The payout ratio is 167.6 percent.

CenturyLink Inc (CTL) has a dividend yield of 7.11 percent on a declared dividend of $0.72. The payout ratio is 97.3 percent.

AT&T Inc (T) has a dividend yield of 5.53 percent on a declared dividend of $0.43. The payout ratio is 74.5 percent.

Verizon Communications Inc (VZ) has a dividend yield of 5.16 percent on a declared dividend of $0.49. The payout ratio is 95.9 percent.

Netflix (NFLX), Fluor (FLR), Satcon Technology (SATC), Frontier Communications (FTR), Grand Canyon Education (LOPE) Plunge on Earnings, Outlook

Shares of Netflix (NFLX), Fluor (FLR), Satcon Technology (SATC), Frontier Communications (FTR) and Grand Canyon Education (LOPE) are getting hammered today on disappointing earnings and announcements

Fluor Corp. fell 5.7 percent to $66.52 and slumped to $66.34 earlier in the trading session. The largest publicly traded U.S. construction company reported fourth-quarter profit that missed analysts’ estimates after an expense related to a U.K. wind farm and lower revenue from oil and gas projects.

Frontier Communications dropped 6.7 percent to $8.59 and fell as much as 17 percent. The phone company serving rural U.S. markets reported fourth-quarter earnings of 5 cents a share, falling below the average analyst estimate by 41 percent.

Grand Canyon Education plunged 10 percent to $15.18 and dropped to $14.48 earlier. The for-profit college posted quarterly sales that were below the average analyst estimate.

Netflix was down 3.9 percent to $212.93 and fell to $212 earlier. The DVD-rental and streaming company was cut to “underperform” from “hold” at Needham & Co. Netflix has a moat problem as content delivery moves toward streaming, where service becomes a commodity and price the deciding factor.

Satcon Technology plummeted 22 percent to $3.75 and was down as much as 24 percent earlier. The maker of solar-power and fuel-cell inverters projected first-quarter revenue of no more than $70 million. That compares with the $74.9 million average of analysts.