FSI (FSII) (GBCI) (STI) (PFS) (PG) (IIM) Ratings, Price Targets

FSI (NASDAQ: FSII), Glacier Bancorp, Inc. (NASDAQ: GBCI), SunTrust (NYSE: STI), Provident Financial Services, Inc. (NYSE: PFS), Procter & Gamble (NYSE: PG) and Invesco Value Municipal Income (NYSE: IIM) ratings and price targets.

Needham & Company reiterated its "Buy" rating on FSI (FSII).

Sterne Agee reiterated its "Neutral" rating on Glacier Bancorp, Inc. (GBCI).

SunTrust (STI) had its price target lowered by FBR Capital from $25.00 to $23.00. They have a “Market Perform” rating on the company.

Provident Financial Services, Inc. (PFS) was downgraded by Janney Montgomery Scott from a “Buy” rating to a “Neutral” rating.

Procter & Gamble (PG) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating. They have a price target of $66.00 on the company, down from $72.00.

Invesco Value Municipal Income (IIM) was upgraded by Stifel Nicolaus to a “Hold” rating.

Crocs (CROX) (ITMN) (FFCH) (FNB) (GPN) (HVT) Ratings, Price Targets

Crocs (NASDAQ: CROX), InterMune, Inc. (NASDAQ: ITMN), First Financial (NASDAQ: FFCH), F.N.B. Corp. (NYSE: FNB), Global Payments Inc. (NYSE: GPN) and Haverty Furniture Companies, Inc. (NYSE: HVT) ratings and price targets.

Crocs (CROX) is now covered by BB&T (NYSE:BBT). They have a “hold” rating on the company.

InterMune, Inc. (ITMN) had its price target lowered by Goldman Sachs (NYSE:GS) to $18.00.

First Financial (FFCH) was downgraded by SunTrust (NYSE:STI) from a “buy” rating to a “neutral” rating.

F.N.B. Corp. (FNB) was downgraded by SunTrust from a “buy” rating to a “neutral” rating.

Global Payments Inc. (GPN) was downgraded by SunTrust from a “buy” rating to a “neutral” rating.

Haverty Furniture Companies, Inc. (HVT) was upgraded by Raymond James (NYSE:RJF) from a “market perform” rating to an “outperform”

rating.

Dril-Quip (DRQ) (SNDK) (SNI) (SPN) (DECK) (DNR) Ratings, Price Targets

Dril-Quip (DRQ), SanDisk Co. (SNDK), Scripps Networks Interactive, Inc. (SNI), Superior Energy Services (SPN), Deckers Outdoor (DECK) and Denbury Resources Inc. (DNR) ratings and price targets.

Stifel Nicolaus raised its price target on SanDisk Co. (SNDK) from $63.00 to $68.00. They have a “Buy” rating on the company.

Wunderlich reiterated its “Buy” rating on Scripps Networks

Interactive, Inc. (SNI). They have a price target of $53.00 on the company.

Jefferies (NYSE:JEF) initiated coverage on Superior Energy Services (SPN). They placed a “Buy” rating on the company.

WJB Capital upgraded Deckers Outdoor (DECK) to a “Buy” rating.

SunTrust (NYSE:STI) upgraded Denbury Resources Inc. (DNR) from a “Neutral” rating to a “Buy” rating.

Jefferies initiated coverage on Dril-Quip (DRQ). They placed a “Hold” rating on the company.

Simcere (SCR) (SBH) (STFC) (STT) (TD) (TFM) Downgraded

Simcere Pharmaceutical Group (NYSE: SCR), Sally Beauty Holdings Inc. (NYSE: SBH), State Auto Financial (NASDAQ: STFC), State Street Co. (NYSE: STT), Toronto-Dominion Bank (NYSE: TD) and The Fresh Market Inc. (NYSE: TFM) were downgraded by analysts.

Simcere Pharmaceutical Group (SCR) was downgraded by Morgan Stanley (NYSE:MS) to an “Equal Weight” rating.

Sally Beauty Holdings Inc. (SBH) was downgraded by Barclays Capital from an “Overweight” rating to an “Equal Weight” rating.

State Auto Financial (STFC) was downgraded by Sandler O’Neill from a “Hold” rating to a “Sell” rating.

State Street Co. (STT) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Toronto-Dominion Bank (TD) was downgraded by Keefe, Bruyette & Woods, Inc. from an “Outperform” rating to a “Market Perform” rating.

The Fresh Market Inc. (TFM) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating. They have a price target $45.00 on the company.

SunTrust (STI) (BMY) (SPR) (BRY) (TJX) (BIIB) Ratings Reiterated

SunTrust (NYSE: STI), Bristol Myers Squibb Co. (NYSE: BMY), Spirit AeroSystems Holdings, Inc. (NYSE: SPR), Berry Petroleum (NYSE: BRY), TJX Companies Inc. (NYSE: TJX) and Biogen Idec Inc. (NASDAQ: BIIB) had ratings on them reiterated by analysts.

JPMorgan Chase & Co. (NYSE:JPM) reiterated its "Neutral" rating on SunTrust (STI). They have a price target of $31.50 on the company.

Morgan Stanley (NYSE:MS) reiterated its "Overweight" rating on Bristol Myers Squibb Co. (BMY).

Bank of America (NYSE:BAC) reiterated its "Buy" rating on Spirit AeroSystems Holdings, Inc. (SPR). They have a price target of $26.00 on the company.

Sterne Agee reiterated its "Buy" rating on Berry Petroleum (BRY). They have a price target of $60.00 on the company.

Deutsche Bank (NYSE:DB) reiterated its "Buy" rating on TJX Companies Inc. (TJX). They have a price target of $66.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) reiterated its "Positive" rating on Biogen Idec Inc. (BIIB).

RealNetworks (RNWK) (SAPE) (FTR) (CHS) (MDC) Downgraded

RealNetworks (NASDAQ: RNWK), Sapient Co. (NASDAQ: SAPE), Frontier Communications (NYSE: FTR), Chico’s (NYSE: CHS) and MDC Holdings (NYSE: MDC) were downgraded by analysts.

RealNetworks (RNWK) was downgraded by Brigantine from a “Buy” rating to a “Hold” rating. They have a price target of $8.50 on the company.

Sapient Co. (SAPE) was downgraded by BB&T (NYSE:BBT) from a “Buy” rating to a “Hold” rating.

Frontier Communications (FTR) was downgraded by Hilliard Lyons from a “Buy” rating to a “Neutral” rating.

Chico’s (CHS) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

MDC Holdings (MDC) was downgraded by Raymond James (NYSE:JRF) from an “Outperform” rating to a “Market Perform” rating.

EZchip (EZCH) (DG) (DNDN) (DRI) (DXCM) (EPR) (FBN) Downgraded

EZchip (NASDAQ: EZCH), Dollar General (NYSE: DG), Dendreon Co. (NASDAQ: DNDN), Darden Restaurants, Inc. (NYSE: DRI), DexCom Inc. (NASDAQ: DXCM), Entertainment Properties Trust (NYSE: EPR) and Furniture Brands International, Inc. (NYSE: FBN) were downgraded by analysts.

EZchip (EZCH) was downgraded by Chardan Capital Markets from a “Buy” rating to a “Neutral” rating. They have a price target of $30.00 on the company.

Dollar General (NYSE: DG) was downgraded by BB&T (NYSE:BBT) from a “Buy” rating to a “Hold” rating.

Dendreon Co. (DNDN) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating. They have a price target of $11.00 on the company.

Darden Restaurants, Inc. (DRI) was downgraded by Janney Montgomery Scott from a “Buy” rating to a “Neutral” rating.

DexCom Inc. (DXCM) was downgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Reduce” rating.

Entertainment Properties Trust (EPR) was downgraded by Janney Montgomery Scott from a “Buy” rating to a “Neutral” rating.

Furniture Brands International, Inc. (FBN) was downgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Underperform” rating.

Wendys Arbys (WEN) (TMK) (ADLR) (FPO) (OMG) Downgraded

Wendys Arbys Group (NYSE: WEN), Torchmark Co. (NYSE: TMK), Adolor (NASDAQ: ADLR), First Potomac Realty (NYSE: FPO) and OM Group Inc (NYSE: OMG) were downgraded by analysts.

Torchmark Co. (TMK) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating. They have a price target of $42.00 on the company.

Wendys Arbys Group (WEN) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Adolor (ADLR) was downgraded by Brean Murray from a “Buy” rating to a “Hold” rating.

First Potomac Realty (FPO) was downgraded by Raymond James (NYSE:RJF) from a “Strong Buy” rating to an “Outperform” rating.

OM Group Inc. (OMG) was downgraded by Northcoast Research to a “Neutral” rating.

PetroQuest (PQ) (POOL) (SSI) (STL) (XEC) Downgraded

PetroQuest Energy, Inc. (NYSE: PQ), Pool Co. (NASDAQ: POOL), Stage Stores (NYSE: SSI), Sterling Bancorp (NYSE: STL) and Cimarex Energy Co. (NYSE: XEC) were downgraded by analysts.

PetroQuest Energy, Inc. (PQ) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

Pool Co. (POOL) was downgraded by William Blair from an “Outperform” rating to a “Market Perform” rating.

Stage Stores (SSI) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Sterling Bancorp (STL) was downgraded by Janney Montgomery Scott from a “Buy” rating to a “Neutral” rating.

Cimarex Energy Co. (XEC) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.

Comerica (CMA) (EFX) (CLS) (COHU) (CPX) (CSX) Downgraded

Comerica (NYSE: CMA), Equifax (NYSE: EFX), Celestica (NYSE: CLS), Cohu, Inc. (NASDAQ: COHU), Complete Production Services Inc. (NYSE: CPX) and CSX Corp. (NYSE: CSX) were downgraded by analysts.

Comerica (CMA) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to a “Neutral” rating.

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

Celestica (CLS) was downgraded by Ticonderoga from a “Buy” rating to a “Neutral” rating.

Cohu, Inc. (COHU) was downgraded by Needham & Company from a “Buy” rating to a “Hold” rating.

Complete Production Services Inc. (CPX) was downgraded by SunTrust from a “Buy” rating to a “Neutral” rating.

CSX Corp. (CSX) was downgraded by Wells Fargo & Co. (NYSE:WFC) from an “Outperform” rating to a “Market Perform” rating.

KEYW Holding (KEYW) (KOG) (LNCE) (MAIN) Downgraded

KEYW Holding (NASDAQ: KEYW), Kodiak Oil & Gas Corp. (NYSE: KOG), Lance, Inc. (NASDAQ: LNCE) and Main Street Capital Co. (NASDAQ: MAIN) were downgraded by analysts.

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

Kodiak Oil & Gas Corp. (KOG) was downgraded by Global Hunter Securities from a “Buy” rating to a “Neutral” rating.

Lance, Inc. (LNCE) was downgraded by BB&T (NYSE:BBT) from a “Buy” rating to a “Hold” rating.

Main Street Capital Co. (MAIN) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

IBM (IBM) (EPB) (PRA) (SQNM) (STRI) (MBT) Downgraded

IBM (NYSE: IBM), El Paso Pipeline Partners (NYSE: EPB), ProAssurance Co. (NYSE: PRA), Sequenom (NASDAQ: SQNM), STR Holdings, Inc. (NASDAQ: STRI) and Mobile Telesystems (NYSE: MBT) were downgraded by analysts.

IBM (IBM) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating. They have a price target of $190.00 on the company.

El Paso Pipeline Partners (EPB) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $36.00 on the company, down from $40.50.

ProAssurance Co. (PRA) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Sequenom (SQNM) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating. They have a price target $6.25 on the company.

STR Holdings, Inc. (STRI) was downgraded by Feltl & Co. from a “Buy” rating to a “Hold” rating. They have a price target of $8.00 on the company, down from $12.00.

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

Venoco (VQ) (BDX) (VOG) (BPZ) (TNK) (CLR) Downgraded

Venoco, Inc. (NYSE: VQ), Becton Dickinson And Co (NYSE: BDX), Voyager Oil & Gas In (NYSE: VOG), BPZ Resources, Inc. (NYSE: BPZ), Teekay Tankers Ltd. (NYSE: TNK) and Continental Resources, Inc. (NYSE: CLR) were downgraded by analysts.

Venoco, Inc. (VQ) was downgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Reduce” rating.

Becton Dickinson And Co. (BDX) was downgraded by Citigroup (NYSE:C) to a “Hold” rating.

Voyager Oil & Gas (VOG) was downgraded by SunTrust from a “Buy” rating to a “Neutral” rating.

BPZ Resources, Inc. (BPZ) was downgraded by SunTrust from a “Buy” rating to a “Reduce” rating.

Teekay Tankers Ltd. (TNK) was downgraded by Dahlman Rose from a “Buy” rating to a “Hold” rating.

Continental Resources, Inc. (CLR) was downgraded by SunTrust from a “Neutral” rating to a “Reduce” rating.

Transocean (RIG) (AEO) (SNE) (BOBE) (CBRL) (CLMS) Downgraded

Transocean (NYSE: RIG), American Eagle (NYSE: AEO), Sony Co. (NYSE: SNE), Bob Evans Farms, Inc. (NASDAQ: BOBE), Cracker Barrel (NASDAQ: CBRL) and Calamos Asset Management, Inc (NASDAQ: CLMS) downgraded by analysts.

Transocean (RIG) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

American Eagle (AEO) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Hold” rating. They have a price target of $12.00 on the company.

Sony Co. (SNE) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Bob Evans Farms, Inc. (BOBE) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Cracker Barrel (CBRL) was downgraded by SunTrust from a “Buy” rating to a “Neutral” rating.

Calamos Asset Management, Inc. (CLMS) was downgraded by KBW to a “Market Perform” rating. They have a price target of $14.00 on the company.

First Solar (FSLR) (ARUN) (CLD) (GEN) (LII) (RIMM) (VMW) (WSO) Upgraded

First Solar (NASDAQ:FSLR), Aruba Networks (NASDAQ:ARUN), Cloud Peak Energy (NYSE:CLD), GenOn Energy (NYSE:GEN), Lennox International (NYSE:LII), Research In Motion (NASDAQ:RIMM), VMware, (NYSE:VMW) and Watsco (NYSE:WSO) upgraded by analysts.

Aruba Networks (ARUN) was upgraded by Capital Markets to a "Market Perform" rating.

Cloud Peak Energy (CLD) was upgraded by Dahlman Rose from a "Hold" rating to a "Buy" rating. They placed a price target of $24 on the company.

First Solar (FSLR) was upgraded by Collins Stewart from a "Neutral" rating to a "Buy" rating. They placed a price target of $132 on the company.

GenOn Energy (NYSE:GEN) was upgraded by SunTrust (NYSE:STI) from a "Neutral" rating to a "Buy" rating.

Lennox International (LII) was upgraded by KeyBanc Capital Markets to a "Buy" rating.

Research In Motion (RIMM) was upgraded by Sterne Agee from a "Neutral" rating to a "Buy" rating.

VMware, (VMW) was upgraded by Pacific Crest from a "Sector Perform" rating to an "Outperform" rating.

Watsco (WSO) was upgraded by KeyBanc Capital Markets to a "Buy" rating.

Bove Likes BofA (BAC) (BK) (PNC) (COF) (STT) (STI) (NTRS) (SNV) (FBC) in Banking Sector

What's up with Rochdale Securities analyst Dick Bove?

Approximately a month after recommending investors sell the banking sector he had turned around and recommended a basket of banks to buy, including Bank of America (NYSE:BAC), Bank of New York Mellon (NYSE:BK), Flagstar Bancorp (NYSE:FBC), PNC Financial (NYSE:PNC), Capital One Financial (NYSE:COF), State Street(NYSE:STT), SunTrust(NYSE:STI), Northern Trust (NYSE:NTRS) and Synovus (NYSE:SNV).

Bove's thinking in his turnaround for some banks in the sector is a number of banks are selling below their franchise and liquidation values.

"At this moment liquidity and values are more compelling than the next disaster," Bove wrote in a note to clients. The banks listed above are those identified by Bove as such.

Bove's operating definition of cash liquidation value is cash holdings (cash plus net Federal Reserve funds and repurchase agreements) in excess of tangible common equity.

Still, Bove confirms the issues banks face are still in place, and in that regard nothing has changed. They've apparently fallen quicker than Bove had anticipated.

Either that, or someone got hold of Bove and told him not to be so negative on the sector.

TiVo (TIVO) (WERN) (NBL) (COH) (TIVO) (HEI) Upgraded

TiVo Inc (NASDAQ: TIVO), Werner Enterprises, Inc. (NASDAQ: WERN), Noble Energy (NYSE: NBL), Coach (NYSE: COH), TiVo Inc (NASDAQ: TIVO) and HEICO (NYSE: HEI) upgraded by analysts.

Werner Enterprises, Inc. (WERN) was upgraded by Morgan Keegan from a “Market Perform” rating to an “Outperform” rating.

CenterPoint Energy, Inc. (CNP) was upgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Buy” rating.

Noble Energy (NBL) was upgraded by Howard Weil from a “Market Perform” rating to an “Outperform” rating. They have a price target of $106.00 on the company.

Coach (COH) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $60.00 on the company.

TiVo Inc. (TIVO) was upgraded by Caris & Company from an “Average” rating to an “Above Average” rating. They have a price target of $11.00 on the company.

HEICO (HEI) was upgraded by Wedbush from a “Neutral” rating to an “Outperform” rating. They have a price target of $55.00 on the company, up from $51.00.

SolarWinds (SWI) (HLIT) (BMC) (WU) (AFSI) (QSFT) Get New Coverage

SolarWinds, Inc. (NYSE: SWI), Harmonic (NASDAQ: HLIT), BMC Software, Inc. (NYSE: BMC), The Western Union Company (NYSE: WU), Amtrust Financial Services, Inc. (NASDAQ: AFSI) and Quest Software, Inc. (NASDAQ: QSFT) getting new coverage from analysts.

Jefferies (NYSE:JEF) initiated coverage on SolarWinds, Inc. (SWI). They placed a “Buy” rating and a price target of $27.00 on the company.

Kaufman Brothers initiated coverage on Harmonic (HLIT). They placed a “Hold” rating and a price target of $6.50 on the company.

Jefferies initiated coverage on BMC Software, Inc. (BMC). They placed a “buy” rating and a $53.00 price target on the company.

Sterne Agee initiated coverage on The Western Union Company (WU). They placed a “buy” rating and a price target of $21.00 on the company.

SunTrust (NYSE:STI) initiated coverage on Amtrust Financial Services, Inc. (AFSI). They placed a “Buy” rating on the company.

Jefferies initiated coverage on Quest Software, Inc. (QSFT). They placed a “Hold” rating and a price target of $16.00 on the company.

Toll (TOL) (DVR) (DXCM) (NBS) (EIX) (SPB) Upgraded

Toll Brothers, Inc. (NYSE: TOL), Cal Dive International, Inc. (NYSE: DVR), DexCom Inc (NASDAQ: DXCM), Neostem (NYSE: NBS), Edison International (NYSE: EIX) and Spectrum Brands Inc. (NYSE: SPB) upgraded by analysts.

Toll Brothers, Inc. (TOL) was upgraded by Stifel Nicolaus from a “Sell” rating to a “Hold” rating.

Cal Dive International, Inc. (DVR) was upgraded by Morgan Keegan from a “Market Perform” rating to an “Outperform” rating. They have a price target of $4.00 on the company, down from $6.00.

DexCom Inc. (DXCM) was upgraded by Feltl & Co. from a “Hold” rating to a “Buy” rating. They have a price target of $15.35 on the company, down from $15.85.

Neostem (NBS) was upgraded by WBB Securities from a “Hold” rating to a “Speculative Buy” rating.

Edison International (EIX) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating.

Spectrum Brands Inc. (SPB) was upgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Buy” rating.

Cogent (CCOI) (GOL) (O) (NYX) (CL) (CRH) Upgraded

Cogent Communications (NASDAQ: CCOI), Gol Linhas Aereas Inteligentes SA (NYSE: GOL), Realty Income Corporation (NYSE: O), NYSE Euronext (NYSE: NYX), Colgate-Palmolive Company (NYSE: CL) and CRH PLC (NYSE: CRH) upgraded by analysts.

Gol Linhas Aereas Inteligentes SA (GOL) was upgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Outperform” rating.

Realty Income Corporation (O) was upgraded by RBC Capital from a “Sector Perform” rating to a “Top Pick” rating. They have a price target of $36.00 on the company.

Cogent Communications (CCOI) was upgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Buy” rating.

NYSE Euronext (NYX) was upgraded by Argus from a “Hold” rating to a “Buy” rating. They have a price target of $35.00 on the company.

Colgate-Palmolive Company (CL) was upgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Overweight” rating. They have a price target of $92.00 on the company.

CRH PLC (CRH) was upgraded by Citigroup (NYSE:C) from a “Sell” rating to a “Hold” rating.