Citrix (CTXS) (LSI) (POT) (LULU) (NNN) (CXO) Upgraded

Citrix Systems, Inc. (NASDAQ: CTXS), LSI Co. (NYSE: LSI), Potash Corp. (NYSE: POT), Lululemon (NASDAQ: LULU), National Retail (NYSE: NNN) and Concho Resources Inc. (NYSE: CXO) were upgraded by analysts.

LSI Co. (LSI) was upgraded by Lazard Capital from a “Neutral” rating to a “Buy” rating. They have a price target of $8.50 on the company.

Potash Corp. (POT) was upgraded by Susquehanna from a “Neutral” rating to a “Positive” rating.

Lululemon (LULU) was upgraded by Goldman Sachs (NYSE:GS) to a “Buy” rating.

National Retail (NNN) was upgraded by Morgan Keegan from a “Market Perform” rating to an “Outperform” rating. They have a price target of $30.00 on the company, up from $26.00.

Citrix Systems, Inc. (CTXS) was upgraded by Cowen from a “Neutral” rating to an “Outperform” rating.

Concho Resources Inc. (CXO) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating.

Potash (POT) (CEVA) (PTEN) (QLGC) (CELG) (CERN) Price Targets Changed

Potash Corp (NYSE: POT), Ceva Inc (NASDAQ: CEVA), Patterson-UTI (NASDAQ: PTEN), QLogic Co. (NASDAQ: QLGC), Celgene (NASDAQ: CELG) and Cerner Corp. (NASDAQ: CERN) had price targets on them adjusted by analysts.

Potash Corp. (POT) had its price target raised by Goldman Sachs (NYSE:GS) to $61.00. They have a “Buy” rating on the company.

Ceva Inc. (CEVA) had its price target raised by Wunderlich from $32.00 to $38.00. They have a “Buy” rating on the company.

Patterson-UTI (PTEN) had its price target lowered by Howard Weil from $43.00 to $29.00. They have an “Outperform” rating on the company.

QLogic Co. (QLGC) had its price target lowered by Morgan Keegan from $21.00 to $19.00. They have an “Outperform” rating on the company.

Celgene (CELG) had its price target raised by Summer Street to $89.00.

Cerner Corp. (CERN) had its price target raised by Credit Suisse (NYSE:CS) to $67.00. They have a “Neutral” rating on the company.

Potash (POT) (PLL) (PMCS) (CMS) (CODE) (CVE) Downgraded

Potash Corp (NYSE: POT), Pall Co. (NYSE: PLL), PMC-Sierra, Inc. (NASDAQ: PMCS), CMS Energy (NYSE: CMS), Spansion (NASDAQ: CODE) and Cenovus Energy Inc. (NYSE: CVE) were downgraded by analysts.

Potash Corp. (POT) was downgraded by Scotia Capital to a “Sector Perform” rating.

Pall Co. (PLL) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.

PMC-Sierra, Inc. (PMCS) was downgraded by JPMorgan Chase & Co. from an “Overweight” rating to a “Neutral” rating. They have a price target $9.00 on the company, up from $7.50.

CMS Energy (CMS) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Spansion (CODE) was downgraded by ThinkEquity from a “Buy” rating to a “Hold” rating.

Cenovus Energy Inc. (CVE) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.

Potash (POT) (YGE) (WBS) (DCOM) (ECL) (FCF) Upgraded

Potash Corp (NYSE: POT), Yingli Green Energy Hold. Co. Ltd. (NYSE: YGE), Webster Financial Corp (NYSE: WBS), Dime Community Bancshares Inc (NASDAQ: DCOM), Ecolab Inc. (NYSE: ECL) and First Commonwealth Financial (NYSE: FCF) upgraded by analysts.

Webster Financial Corp. (WBS) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target $21.00 on the company.

Potash Corp. (POT) was upgraded by Scotia Capital from a “Sector Perform” rating to an “Outperform” rating.

Yingli Green Energy Hold. Co. Ltd. (YGE) was upgraded by HSBC (NYSE:HBC) from an “Underweight” rating to a “Neutral” rating.

Dime Community Bancshares Inc. (DCOM) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $15.00 on the company.

Ecolab Inc. (ECL) was upgraded by Citigroup (NYSE:C) from a “Hold” rating to a “Buy” rating.

First Commonwealth Financial (FCF) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $5.25 on the company.

Potash (POT) (MJN) (LIFE) (NBL) (ODFL) (PTEN) Price Targets Changed

Mead Johnson Nutrition (NYSE: MJN), Life Technologies Corporation (NASDAQ: LIFE), Noble Energy (NYSE: NBL), Old Dominion (NASDAQ: ODFL), Potash Corp (NYSE: POT) and Patterson-UTI (NASDAQ: PTEN) price targets adjusted by analysts.

Mead Johnson Nutrition (MJN) had its price target raised by RBC Capital from $75.00 to $81.00. They have an “Outperform” rating on the company.

Life Technologies Corporation (LIFE) had its price target lowered by Barclays Capital from $61.00 to $55.00. They have an “Overweight” rating on the company.

Noble Energy (NBL) had its price target raised by Barclays Capital from $112.00 to $119.00. They have an “Overweight” rating on the company.

Old Dominion (ODFL) had its price target raised by RBC Capital from $43.00 to $48.00. They have an “Outperform” rating on the company.

Potash Corp. (POT) had its price target raised by UBS AG (NYSE:UBS) from $72.00 to $75.00. They have a “Buy” rating on the company.

Patterson-UTI (PTEN) had its price target raised by UBS AG from $34.00 to $36.00. They have a “Neutral” rating on the company.

Potash (POT) (CNX) (CWEI) (VPRT) (STEC) (GILD) Downgraded

Potash Corp. (NYSE: POT), CONSOL Energy Inc. (NYSE: CNX), Clayton Williams Energy Inc. (NASDAQ: CWEI), VistaPrint (NASDAQ: VPRT), STEC Inc (NASDAQ: STEC) and Gilead Sciences, Inc. (NASDAQ: GILD) downgraded by analysts.

CONSOL Energy Inc. (CNX) was downgraded by Davenport from a “Buy” rating to a “Neutral” rating. They have a price target of $57.00 on the company, down from $59.00.

Clayton Williams Energy Inc. (CWEI) was downgraded by Global Hunter Securities from a “Buy” rating to a “Neutral” rating. They have a price target of $99.50 on the company, down from $101.75.

Potash Corp. (POT) was downgraded by Scotia Capital from an “Outperform” rating to a “Sector Perform” rating.

VistaPrint (VPRT) was downgraded by Piper Jaffray (NYSE:PJC) to an “Underweight” rating. They have a price target of $22.00 on the company.

STEC Inc. (STEC) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $12.00 on the company, down from $23.00.

Gilead Sciences, Inc. (GILD) was downgraded by Citigroup (NYSE:C) from a “Hold” rating to a “Sell” rating. They have a price target of $27.00 on the company.

Ratings (POT) (MAT) (HAS) (GMLP) (SD) Weekend Recap

Ratings coverage on Potash Corp (NYSE: POT), Mattel, Inc. (NYSE: MAT), Hasbro, Inc. (NYSE: HAS), Golar LNG Partners (NASDAQ: GMLP) and SandRidge Energy Inc. (NYSE: SD) was initiated by analysts this week.

Bank of America (NYSE:BAC) initiated coverage on Golar LNG Partners (GMLP). They placed a “neutral” rating and a price target of $26.00 on the company.

Longbow Research initiated coverage on Hasbro, Inc. (HAS). They placed a “neutral” rating on the company.

Macquarie initiated coverage on of Potash Corp (POT). They placed an “outperform” rating and a price target of $62.00 on the company.

Morgan Keegan initiated coverage on SandRidge Energy Inc. (SD). They placed an “outperform” rating and a price target of $18.00 on the company.

Longbow Research initiated coverage on Mattel, Inc. (MAT). They placed a “buy” rating and a price target of $32.00 on the company.

Coverage on (ONCY) (OPTR) (SD) (PMCS) (POT) Initiated

Coverage on Oncolytics Biotech, Inc. (NASDAQ: ONCY), Optimer Pharmaceutic (NASDAQ: OPTR), SandRidge Energy Inc. (NYSE: SD), PMC-Sierra, Inc. (NASDAQ: PMCS) and Potash Corp (NYSE: POT) was initiated by analysts.

Robert W. Baird initiated coverage on SandRidge Energy Inc. (SD). They placed a “neutral” rating and a price target of $12.00 on the company.

Oppenheimer analysts initiated coverage on Oncolytics Biotech, Inc. (ONCY). They placed a “perform” rating on the company.

ThinkEquity initiated coverage on Optimer Pharmaceutic (OPTR). They placed a “buy” rating and a price target of $18.00 on the company.

Auriga initiated coverage on PMC-Sierra, Inc. (PMCS). They placed a “hold” rating and a price target of $8.00 on the company.

Macquarie initiated coverage on Potash Corp (POT). They placed an “outperform” rating and a price target of $62.00 on the company.

Coverage on (ONCY) (OPTR) (SD) (PMCS) (POT) Initiated

Coverage on Oncolytics Biotech, Inc. (NASDAQ: ONCY), Optimer Pharmaceutic (NASDAQ: OPTR), SandRidge Energy Inc. (NYSE: SD), PMC-Sierra, Inc. (NASDAQ: PMCS) and Potash Corp (NYSE: POT) was initiated by analysts.

Robert W. Baird initiated coverage on SandRidge Energy Inc. (SD). They placed a “neutral” rating and a price target of $12.00 on the company.

Oppenheimer analysts initiated coverage on Oncolytics Biotech, Inc. (ONCY). They placed a “perform” rating on the company.

ThinkEquity initiated coverage on Optimer Pharmaceutic (OPTR). They placed a “buy” rating and a price target of $18.00 on the company.

Auriga initiated coverage on PMC-Sierra, Inc. (PMCS). They placed a “hold” rating and a price target of $8.00 on the company.

Macquarie initiated coverage on Potash Corp (POT). They placed an “outperform” rating and a price target of $62.00 on the company.

Price Targets on (NUAN) (POT) (PTRY) (RICK) (ROVI) Updated

Analysts updated price targets on Nuance Communications Inc. (NASDAQ: NUAN), Potash Corp (NYSE: POT), Pantry (NASDAQ: PTRY), Rick’s Cabaret (NASDAQ: RICK) and Rovi Corp (NASDAQ: ROVI).

Northland Securities raised their price target on Nuance Communications Inc. (NUAN) from $23.00 to $25.00. They have an “outperform” rating on the company.

UBS AG (NYSE:UBS) raised their price target on Potash Corp (POT) from $66.00 to $70.00.

The Benchmark Company raised their price target on Pantry (PTRY) from $20.00 to $24.50. They have a “buy” rating on the company.

Brean Murray raised their price target on Rick’s Cabaret (RICK) from $12.00 to $14.00. They have a “buy” rating on the company.

Goldman Sachs (NYSE:GS) raised their price target on Rovi Corp (ROVI) to $60.00. They have a “neutral” rating on the company.

Fertilizers (POT) (SYT) (MOS) (SMG) (CF) Pressured on Weak Crop Prices

Potash Corp (NYSE:POT), Syngenta (NYSE:SYT), Mosaic (NYSE:MOS), Scotts Miracle-Gro (NYSE:SMG) and CF Industries (NYSE:CF) traded down Friday, with the exception of Potash, as a down week for major crops pressured the sector.

Corn and wheat finished down last week while soybeans were almost unchanged. A bearish USDA report weighed on the grains. Eventually the weather, flooding of the Mississippi and lack of activity in the fields will probably push up the prices of grains in the weeks ahead.

Corn futures for July-delivery climbed 6.5 cents, or 1 percent, to $6.87 a bushel on the Chicago Board of Trade. The price was down a little last week after dropping by the limit of 30 cents on May 11 when a U.S. report said inventories will be larger than analysts estimated.

Wheat for July delivery gained 8.5 cents, or 1.2 percent, to $7.44 a bushel in Chicago. The contract fell 2 percent last week, the third straight week of losses, after the government projected stockpiles in 2012 to be higher than expected.

Soybeans for July delivery rose 9 cents, or 0.7 percent, to $13.5175 a bushel in Chicago after gaining 0.8 percent Thursday. The oilseed was up slightly on the week, gaining 1.9 percent.

Potash closed Friday at $51.58, gaining $0.49, or 0.96 percent.

Biggest Winners (BTE) (CHKP) (ZMH) (POT) (TIBX) on May 6

Among the winners on Friday, May 6, as measured by share price increases, were Baytex Energy Corp (BTE), Check Point Software (CHKP), Zimmer Holdings (ZMH), Potash Corporation (POT) and Tibco Software (TIBX).

Baytex Energy Corp (BTE) was up $1.19, to close at $55.77, a gain of 2.18 percent.

Check Point Software (CHKP) jumped $1.19 on the day to close at $54.89, an increase of 3.21 percent.

Zimmer Holdings (ZMH) rose $1.18 to close at $67.50, a boost of 1.78 percent.

Potash Corporation (POT) soared $1.18 to close the session at $53.45, a gain of 2.26 percent.

Tibco Software (TIBX) surged $1.18 to end the day at $28.74, climbing 4.28 percent.

Potash (POT) (CMP) (MOS) (SYT) Trade Down as Wheat, Soybeans Prices Plunge

Fertilizer companies Compass Minerals (NYSE:CMP), Mosaic (NYSE:MOS), Syngenta (NYSE:SYT), Potash Corp (NYSE:POT) were under pressure Wednesday as wheat and soybean prices plummeted. Corn prices were able to generate a gain on the day.

In July agriculture contracts, wheat was down 21.25 cents to settle at $7.72 a bushel. Soybeans dropped 11.75 cents to settle at $13.52 a bushel.

Corn climbed 5.75 cents to settle at $7.295 a bushel.

Wheat and corn are expected to jump by about 5 cents to 10 cents over the next couple of days.

Companies supplying fertilizer will usually move in unison with the direction crop prices are going, as it is an indicator of the level farmers will spend on inputs.

Potash closed Wednesday at $53.42, falling $0.77, or 1.42 percent.

Price Targets On (POT) (MSI) (RIMM) (SIMO) (SWY) Updated

Potash Corp (NYSE: POT), Motorola Solutions (NYSE: MSI), Research In Motion (NASDAQ: RIMM), Silicon Motion Technology Corp. (NASDAQ: SIMO) and Safeway Inc. (NYSE: SWY) had their price targets updated by analysts.

Barclays Capital (NYSE:BCS) raised their price target on Motorola Solutions (MSI) from $40.00 to $42.00. They have an “equal weight” rating on the company.

Morgan Stanley (NYSE:MS) raised their price target on Potash Corp (POT) to $195.00. They have an “overweight” rating on the company.

Barclays Capital cut their price target on shares of Research In Motion (NASDAQ: RIMM) from $85.00 to $77.00. They have an “overweight” rating on the company.

Needham & Company raised their price target on Silicon Motion Technology Corp. (NASDAQ: SIMO) from $10.00 to $15.00. They have a “buy” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on Safeway Inc. (NYSE: SWY) from $25.00 to $28.00. They have a “buy” rating on the company.

Price Targets on (PNRA) (POT) (PTEN) (QLIK) (RIMM) Updated

Price targets on Panera Bread Company (NASDAQ: PNRA), Potash Corp (NYSE: POT), Patterson-UTI (NASDAQ: PTEN), Qlik Technologies Inc (NASDAQ: QLIK) and Research In Motion (NASDAQ: RIMM) get updated.

Morgan Keegan raised their price target on shares of Panera Bread Company (PNRA) from $125.00 to $135.00. They have an “outperform” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) cut their price target on Potash Corp (POT) from $64.50 to $64.00.

UBS AG (NYSE:UBS) raised their price target on Patterson-UTI (PTEN) from $29.00 to $34.00. They have a “neutral” rating on the company.

UBS AG raised their price target on Qlik Technologies Inc (QLIK) from $31.00 to $34.00. They have a “buy” rating on the company.

Deutsche Bank (NYSE:DB) cut their price target on Research In Motion (RIMM) from $50.00 to $45.00. They have a “sell” rating on the company.

Potash (POT) (SYT) (MOS) (CMP) Driven up by wheat, Corn Profits

Wheat and corn prices continue to drive the profits of farmers up, resulting in capex from them toward companies like Potash Corp (NYSE:POT), Syngenta (NYSE:SYT), Mosaic (NYSE:MOS) and Compass Minerals (NYSE:CMP).

How quickly the griping from farmers has subsided since the worst of the recession when they were complaining about high input costs.

The U.S. will control 28 percent of global wheat exports in 2011, an increase from 18 percent in 2010, according to the U.S. Department of Agriculture. With prices averaging about $8 a bushel this quarter and the next, the highest levels in three years, farms will earn approximately $94.7 billion, according to analysts’ forecasts compiled by Bloomberg and an estimate from the USDA.

Other considerations for investors to consider is how this will impact shipping. Expectations are shipping lines won't benefit much from the increase in production because the U.S. is replacing lost supply from Russia and Ukraine.

Domestically it could help those companies shipping within borders, as it could offer some major boosts in that regard.

Potash (POT) (SMG) (IPI) (TNH) (MON) Down on Wheat, Corn Oversupply Fears

Potash Corp (NYSE:POT), Scotts Miracle-Gro (NYSE:SMG), Intrepid Potash (NYSE:IPI), Terra Nitrogen Company, L.P. (NYSE:TNH), Monsanto (NYSE:MON) close down Thursday on wheat, corn oversupply concerns.

A growing concern there could be a glut of wheat and corn on the market pushed down the shares of fertilizer and agriculture stocks Thursday.

"Although there have been muted concerns about the development of wheat crops in the Black Sea region, the trade is concerned that Russia and the Ukraine will be offering new crop wheat to the global market," said a Benson Quinn Commodities note.

The Ukraine also removes its corn export quota this week.

The weaker U.S. dollar wasn't enough to stem the losses Thursday. The U.S. dollar index fell 0.4% to $73.05.

Wheat for July delivery fell 2.6 percent to $7.90 3/4 a bushel. Wheat was one of the biggest commodity laggards Tuesday. Meanwhile, corn for July delivery was down 1.2 percent to $7.50¼ a bushel.

Fertilizers (POT) (MOS) (AGU) Down on Falling Corn, Wheat Soybean Prices

Corn, wheat and soybean prices all dropped on Thursday, as did the major fertilizer companies Potash Corp. (NYSE:POT), Mosaic (NYSE:MOS) and Agrium (NYSE:AGU).

In May contracts, wheat dropped 12.25 cents to settle at $7.405 a bushel, corn fell 1.25 cents to $7.5425 a bushel and soybeans lost 2.5 cents to $13.31 a bushel.

For the first time since 1996, Corn prices were higher than wheat Wednesday and Thursday, as corn was also short supply at that time, although this time it's a man-made problem from the misguided and highly controversial forcing of ethanol into the gas tanks of American car, pressuring the corn supply and pushing corn prices up.

Some farmers are buying wheat against corn to feed their livestock because corn prices have risen so quickly because of tight supplies,

Fertilizer companies usually fall when the price of wheat, corn and soybeans fall, as it's perceived farmers will cut back on spending on inputs.

Mosaic was trading at $75.49, falling $1.30, or 1.69 percent. Agrium was trading at $88.20, down $0.70, or 0.79 percent. Potash was trading at $56.19, dropping $0.49, or 0.86 percent.

Fertilizers (POT) (AGU) (MOS) Drop as Commodities Correct

A general correction in commodities prices spurred by the plunge in oil prices pressured the agriculture sector as well, with Potash Corp. (NYSE:POT), Mosaic (NYSE:MOS) and Agrium (NYSE:AGU) all closing down Tuesday.

Crude oil prices for May delivery fell as much as 63 cents, or 0.6 percent, to $105.62 a barrel in electronic trading on the New York Mercantile Exchange. The contract was at $106.01 at 10:14 a.m. Sydney time. Yesterday, it fell $3.67 to $106.25. Prices dropped 5.9 percent on April 11 and 12.

The U.S. raised its crude-oil price projection for 2011 to an average $106.38 a barrel from $101.77 in March, according to the Energy Department’s Short-Term Energy Outlook.

Potash closed Tuesday at $56.13, falling $0.93, or 1.63 percent. Agrium closed at $89.12, down $1.55, or 1.71 percent. Mosaic closed at $76.67, dropping $1.53, or 1.96 percent.

Monsanto (MON) Drags (DD) (POT) (MOS) (CF) (AGI) Down

While Monsanto (NYSE:MON) was able to beat estimates in its latest quarter, the name of the game now is guidance, and Monsanto disappointed in that regard, dragging down other ag firms like rival DuPont (NYSE:DD), Potash (NYSE:POT), Mosaic (NYSE:MOS), CF Industries (NYSE:CF) and Agrium (NYSE:AGU).

It appears that a number of companies are going to go through a similar experience, as the last quarter is no doubt going to be a good one for a number of companies, for example, Alcoa (NYSE:AA), but uncertainty going forward because of the numerous catalysts weighing on the global economy, including unrest in the Middle East, parts shortages from the earthquake in Japan, slowing sales in China, and the sovereign debt crisis in Europe, which is worsening.

Inflation is also starting to take a toll on companies, as inputs continue to rise in many business sectors.

Agrium closed Wednesday at $93.21, down $1.73, or 1.82 percent. Monsanto ended the session at $69.16, plummeting $4.16, or 5.67 percent. DuPont was down slightly at $0.04, or 0.07 percent, rebounding from earlier pressure. CF Industries closed at $140.35, losing $3.23, or 2.25 percent. Potash was at $60.00, dropping $1.12, or 1.83 percent. Mosaic ended the day at $80.69, down $1.87, or 2.27 percent.