Teck (TCK) (BHP) (PAA) (SM) (AKS) (PQ) (SVM) (TRI) Ratings, Price Targets

Teck Resources Limited (NYSE: TCK), BHP Billiton (NYSE: BHP), Plains All American (NYSE: PAA), SM Energy (NYSE: SM), AK Steel Holding Co. (NYSE: AKS), PetroQuest Energy, Inc. (NYSE: PQ), Silvercorp Metals (NYSE: SVM) and Thomson Reuters Co. (NYSE: TRI) had ratings and price targets on them adjusted by analysts.

Plains All American (PAA) had its “Buy” rating reiterated by Wunderlich.

SM Energy (NYSE: SM) had its “buy” rating reiterated by Canaccord Genuity.

BHP Billiton (BHP) had its price target lowered by Dahlman Rose from $116.00 to $96.00. They have a “Buy” rating on the company.

Teck Resources Limited (TCK) had its price target raised by Dahlman Rose from $47.00 to $52.00. They have a “Buy” rating on the company.

AK Steel Holding Co. (AKS) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating. They have a price target of $9.00 on the company, down from $12.00.

PetroQuest Energy, Inc. (PQ) was downgraded by FBR Capital from an “Outperform” rating to a “Market Perform” rating.

Silvercorp Metals (SVM) was downgraded by UBS AG (NYSE:UBS) to a “Neutral” rating.

Thomson Reuters Co. (TRI) was downgraded by TD Securities to a “Buy” rating.

AK Steel (AKS) (APKT) (SAVE) (SPLS) (PRGS) (REGN) Ratings, Price Targets

AK Steel (NYSE:AKS), Acme Packet (NASDAQ:APKT), Spirit Airlines (NASDAQ:SAVE), Staples (NASDAQ:SPLS), Progress Software (NASDAQ:PRGS) and Regeneron Pharmaceuticals (NASDAQ:REGN) ratings and price targets.

AK Steel (AKS) was downgraded by Morgan Stanley (NYSE:MS) from an "Overweight" rating to an "Eqaul Weight" rating.

Morgan Stanley initiated coverage on Acme Packet (APKT). They have an "Equal Weight" rating on the company.

Deutsche Bank (NYSE:DB) initiated coverage on Spirit Airlines (SAVE). They have a "Buy" rating on the company.

Staples (SPLS) was downgraded by Goldman Sachs (NYSE:GS) from a "Neutral" rating to a "Sell" rating.

Progress Software (PRGS) was upgraded by JMP Securities from a "Market Perform" rating to an "Outperform" rating.

Regeneron Pharmaceuticals (REGN) was upgraded by Bank of America (NYSE:BAC) from a "Neutral" rating to a "Buy" rating.

DISH (DISH) (HOG) (JNJ) (AKS) (VZ) (CMCSA) (DTV) Ratings, Price Targets

DISH (NASDAQ: DISH), Harley-Davidson, Inc. (NYSE: HOG), Johnson & Johnson (NYSE: JNJ), AK Steel Holding Co. (NYSE: AKS), Verizon (NYSE: VZ), Comcast Co. (NASDAQ: CMCSA) and DirecTV (NYSE: DTV) ratings and price targets.

DISH (DISH) had its price target lowered by Collins Stewart from $37.00 to $35.00. They have a “Buy” rating on the company.

Harley-Davidson, Inc. (HOG) EPS estimates were raised by BMO Capital Markets. They have a “Market Perform” rating and a price target of $39.00 on the company.

Johnson & Johnson (JNJ) EPS estimates were cut by Goldman Sachs (NYSE:GS). They have a “Neutral” rating and a price target of $70.00 on the company.

AK Steel Holding Co. (AKS) had its price target lowered by Bank of America (NYSE:BAC).

Verizon (VZ) had its “Neutral” rating reiterated by Nomura (NYSE:NMR).

Comcast Co. (CMCSA) had its price target raised by Collins Stewart from $32.00 to $36.00. They have a “Buy” rating on the company.

DirecTV (DTV) had its price target raised by Collins Stewart from $59.00 to $68.00. They have a “Buy” rating on the company.

AK Steel (AKS) (STLD) (SWC) (TEN) (ANR) (BSX) Get New Coverage

AK Steel Holding Co. (NYSE: AKS), Steel Dynamics, Inc. (NASDAQ: STLD), Stillwater Mining (NYSE: SWC), Tenneco Inc. (NYSE: TEN), Alpha Natural Resources (NYSE: ANR) and Boston Scientific (NYSE: BSX) getting new coverage from analysts.

Barclays Capital initiated coverage on AK Steel Holding Co. (AKS). They placed an “Overweight” rating and a price target of $14.00 on the company.

Barclays Capital initiated coverage on Steel Dynamics, Inc. (STLD). They placed an “Equal Weight” rating and a price target of $17.00 on the company.

Barclays Capital initiated coverage on Stillwater Mining (SWC). They placed an “Overweight” rating and a price target of $20.00 on the company.

Lazard Capital initiated coverage on Tenneco Inc. (TEN). They placed a “Buy” rating on the company.

Barclays Capital initiated coverage on Alpha Natural Resources (ANR). They placed an “Overweight” rating and a price target of $34.00 on the company.

Credit Suisse (NYSE:CS) initiated coverage on Boston Scientific (BSX). They placed an “Outperform” rating and a price target of $7.50 on the company.

AK Steel (AKS) (WU) (AMZN) (XRX) (BGC) (BRCM) Price Targets Changed

AK Steel Holding Co. (NYSE: AKS), The Western Union Company (NYSE: WU), Amazon.com, Inc. (NASDAQ: AMZN), Xerox Corp. (NYSE: XRX), General Cable Co. (NYSE: BGC) and Broadcom Corp. (NASDAQ: BRCM) had price targets on them adjusted by analysts.

AK Steel Holding Co. (AKS) had its price target lowered by Jefferies (NYSE:JEF) to $8.50. They have a “Hold” rating on the company.

The Western Union Company (WU) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $22.00.

Amazon.com, Inc. (AMZN) had its price target lowered by Credit Suisse (NYSE:CS) to $200.00. They have a “Neutral” rating on the company.

Xerox Corp. (XRX) had its price target lowered by Citigroup (NYSE:C) to $12.00.

General Cable Co. (BGC) had its price target lowered by Piper Jaffray (NYSE:PJC) to $19.00.

Broadcom Corp. (BRCM) had its price target lowered by FBR Capital from $50.00 to $45.00. They have an “Outperform” rating on the company.

Adobe (ADBE) (UTI) (AKS) (TTEC) (BIG) (CVG) Price Targets Changed

Adobe Systems (NASDAQ: ADBE), Universal Technical Institute (NYSE: UTI), AK Steel Holding Co. (NYSE: AKS), TeleTech Holdings, Inc. (NASDAQ: TTEC), Big Lots, Inc. (NYSE: BIG) and Convergys Co. (NYSE: CVG) had price targets changed by analysts.

Adobe Systems (ADBE) had its price target lowered by UBS AG (NYSE:UBS) to $33.00. They have a “Buy” rating on the company.

Universal Technical Institute (NYSE: UTI) had its price target lowered

by Argus from $24.00 to $20.00. They have a “Buy” rating on the company.

AK Steel Holding Co. (AKS) had its price target lowered by Bank of America (NYSE:BAC) to $9.50. They have an “Underperform” rating on the company.

TeleTech Holdings, Inc. (TTEC) had its price target lowered by Oppenheimer from $23.00 to $22.00. They have an “Outperform” rating on the company.

Big Lots, Inc. (BIG) had its price target raised by MKM Partners from $34.00 to $36.00. They have a “Buy” rating on the company.

Convergys Co. (CVG) had its price target lowered by Oppenheimer from $16.00 to $14.00. They have an “Outperform” rating on the company.

Qlik (QLIK) (SO) (AKS) (ADBE) Price Targets Changed

Qlik Technologies (NASDAQ:QLIK), Southern Company (NYSE:SO), AK Steel (NYSE:AKS) and Adobe (NASDAQ:ADBE) had their price targets adjusted by analysts.

Qlik Technologies (QLIK) had its price target raised by UBS (NYSE:UBS) to $26. They have a "Neutral" rating on the company.

Southern Company (SO) had its price target was raised at BMO Capital Markets to $42. They have a "Market Perform" rating on the company.

AK Steel (AKS) price target was cut by Bank of America (NYSE:BAC) to $9.50. They have an "Underperform" rating on the company.

Adobe (ADBE) estimates and price target were cut at UBS. They have a "Buy" rating and price target of $33 on the company.

AK Steel (AKS) (RGLD) (WATG) (BRCD) (TSS) (CAAS) Downgraded

AK Steel Holding Co. (NYSE: AKS), Royal Gold, Inc. (NASDAQ: RGLD), Wonder Auto Technology Inc (NASDAQ: WATG), Brocade Communications Systems, Inc. (NASDAQ: BRCD), Total System Services, Inc. (NYSE: TSS) and China Automotive Systems Inc. (NASDAQ: CAAS) downgraded by analysts.

Wonder Auto Technology Inc. (WATG) was downgraded by analysts at Brean Murray from a “Buy” rating to a “Hold” rating.

AK Steel Holding Co. (AKS) was downgraded by Keybanc from a “Buy” rating to a “Hold” rating.

Brocade Communications Systems, Inc. (BRCD) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating. They have a price target of $3.30 on the company.

Total System Services, Inc. (TSS) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating.

China Automotive Systems Inc. (CAAS) was downgraded by Brean Murray from a “Buy” rating to a “Hold” rating.

Royal Gold, Inc. (RGLD) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.

Nucor (NUE) (X) (ZX) (AKS) (BTX) (STLD) Get New Coverage

Coverage was initiated on Nucor Co. (NYSE: NUE), U.S. Steel (NYSE: X), China Zenix Auto International (NYSE: ZX), AK Steel Holding Co. (NYSE: AKS), BioTime Inc. (NYSE: BTX) and Steel Dynamics, Inc. (NASDAQ: STLD).

UBS AG (NYSE:UBS) initiated coverage on U.S. Steel (X). They placed a “Buy” rating and a price target of $38.00 on the company.

William Blair initiated coverage on China Zenix Auto International (ZX). They placed an “Outperform” rating on the company.

UBS AG initiated coverage on AK Steel Holding Co. (AKS). They placed a “Buy” rating and a price target of $12.00 on the company.

UBS AG initiated coverage on Nucor Co. (NUE). They placed a “Neutral” rating and a price target of $35.00 on the company.

WBB Securities initiated coverage on BioTime Inc. (BTX). They placed a “Speculative Buy” rating and a price target of $6.00 on the company.

UBS AG initiated coverage on Steel Dynamics, Inc. (STLD). They placed a “Neutral” rating and a price target of $13.00 on the company.

Trina (TSL) (GG) (AKS) (GLW) (HES) (WLL) (NEE) Downgraded

Trina Solar (NYSE: TSL), Goldcorp Inc. (NYSE: GG), AK Steel Holding Co. (NYSE: AKS), Corning Inc. (NYSE: GLW), Hess Corp (NYSE: HES), Whiting Petroleum Co. (NYSE: WLL) and NextEra Energy, Inc. (NYSE: NEE) downgraded by analysts.

AK Steel Holding Co. (AKS) was downgraded by Susquehanna from a “Positive” rating to a “Neutral” rating.

Goldcorp Inc. (GG) was downgraded by TD Newcrest to a “Buy” rating.

Corning Inc. (GLW) was downgraded by Credit Agricole to an "Outperform” rating.

Hess Corp. (HES) was downgraded by Howard Weil from an “Outperform” rating to a “Market Perform” rating. They have a price target of $84.00 on the company.

Trina Solar (TSL) was downgraded by Collins Stewart from a “Buy” rating to a “Neutral” rating.

Whiting Petroleum Co. (WLL) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating.

NextEra Energy, Inc. (NEE) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $59.00 on the company.

AK Steel (AKS) (MUSA) (WFT) (SBUX) (RFMD) (PETM) Upgraded

AK Steel Holding Co. (NYSE: AKS), Metals USA Holdings Corp (NASDAQ: MUSA), Weatherford (NYSE: WFT), Starbucks (NASDAQ: SBUX), RF Micro Device (NASDAQ: RFMD) and Petsmart Inc (NASDAQ: PETM) upgraded by analysts.

AK Steel Holding Co. (AKS) was upgraded by CRT Capital to a “Buy” rating.

Metals USA Holdings Corp. (MUSA) was upgraded by Davenport from a “Neutral” rating to a “Buy” rating.

Weatherford (WFT) was upgraded by Pritchard from a “Neutral” rating to a “Buy” rating.

Starbucks (SBUX) was upgraded by Janney Montgomery Scott from a “Neutral” rating to a “Buy” rating.

RF Micro Device (RFMD) was upgraded by Craig Hallum from a “Hold” rating to a “Buy” rating.

Petsmart (PETM) was upgraded by Piper Jaffray (NYSE:PJC) from a “Neutral” rating to an “Overweight” rating. They have a price target of $53.00 on the company.

Coverage on (AKS) (ATPG) (CMC) (MRO) (LPR) Initiated by Analysts

Analysts initiated coverage on AK Steel Holding Co. (NYSE: AKS), ATP Oil & Gas Co. (NASDAQ: ATPG), Commercial Metals (NYSE: CMC), Marathon Oil Co. (NYSE: MRO) and Lone Pine Resources (NYSE: LPR).

Jefferies (NYSE:JEF) initiated coverage on shares of AK Steel Holding Co. (AKS). They placed a “hold” rating and a price target of $18.00 on the company.

Rodman & Renshaw initiated coverage on ATP Oil & Gas Co. (ATPG). They placed an “outperform” rating and a price target of $22.00 on the company.

Jefferies initiated coverage on Commercial Metals (CMC). They placed a “hold” rating and a price target of $16.50 on the company.

Morgan Stanley (NYSE:MS) initiated coverage on shares of Marathon Oil Co. (MRO). They placed an “equal weight” rating and a price target of $41.00 on the company.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on shares of Lone Pine Resources (LPR). They placed an “outperform” rating on the company.

AK Steel closed Friday at $16.22, down $0.39, or 2.35 percent. ATP Oil & Gas closed at $15.81, falling $0.04, or 0.25 percent. Commercial Metals closed at $14.31, dropping $0.05, or 0.35 percent. Marathon Oil ended the session at $32.67, losing $0.43, or 1.30 percent. Lone Pine Resources closed at $11.11, gaining $0.20, or 1.83 percent.

Steel's (WOR) (MEA) (AKS) (MT) (CRS) Face Uncertainty

Steelmakers Worthington Industries, Inc. (NYSE:WOR), Metalico Inc. (AMEX:MEA), AK Steel Holding Corporation (NYSE:AKS), ArcelorMittal (NYSE:MT) and Carpenter Technology (NYSE:CRS) are under pressure as costs mount for raw materials and steel demand slows.

A lot of uncertainty surrounds the steel sector as evidenced by the guidance given by the largest steelmaker in the world - ArcelorMittal (NYSE:MT), even after beating estimates for the latest quarter the stock was punished on a weak outlook.

In the short term Arcelor was able to offset higher costs of raw materials by boosting prices, but for the overall steel industry it's questionable as to how high and long they'll be able to do that.

Softer steel prices in North America and Europe point to major challenges going forward for steel companies, as margins will continue to come under pressure.

According to Banco Santander SA, costs of coking coal jumped 68 percent and iron ore 77 percent in the first quarter of 2011.

The steel industry is projected to grow at a 5.9 percent clip this year, says the World Steel Association. Some think that's at the high end of the spectrum.

Pricing will remain a challenge in light of the new pricing system put in place where steelmakers say it's harder to pass on costs to customers because of difficulty in projecting costs.

Expectations are the second half of 2011 will be slow for the industry.

Steel's (WOR) (MEA) (AKS) (MT) (CRS) Face Uncertainty

Steelmakers Worthington Industries, Inc. (NYSE:WOR), Metalico Inc. (AMEX:MEA), AK Steel Holding Corporation (NYSE:AKS), ArcelorMittal (NYSE:MT) and Carpenter Technology (NYSE:CRS) are under pressure as costs mount for raw materials and steel demand slows.

A lot of uncertainty surrounds the steel sector as evidenced by the guidance given by the largest steelmaker in the world - ArcelorMittal (NYSE:MT), even after beating estimates for the latest quarter the stock was punished on a weak outlook.

In the short term Arcelor was able to offset higher costs of raw materials by boosting prices, but for the overall steel industry it's questionable as to how high and long they'll be able to do that.

Softer steel prices in North America and Europe point to major challenges going forward for steel companies, as margins will continue to come under pressure.

According to Banco Santander SA, costs of coking coal jumped 68 percent and iron ore 77 percent in the first quarter of 2011.

The steel industry is projected to grow at a 5.9 percent clip this year, says the World Steel Association. Some think that's at the high end of the spectrum.

Pricing will remain a challenge in light of the new pricing system put in place where steelmakers say it's harder to pass on costs to customers because of difficulty in projecting costs.

Expectations are the second half of 2011 will be slow for the industry.

ArcelorMittal (NYSE:MT) closed Wednesday at $34.51, plunging $2.25, or 6.12 percent. After hours they continued down, falling to $34.43, down another $0.08, or 0.23 percent.

AK Steel (AKS) in the Years Ahead

AK Steel Holding Corporation (NYSE:AKS) will be affected by the anticipated slowdown in steel production in China which will also affect imports, as China will start rolling blackouts earlier than usual, which is always directed towards the steel industry in the country at the beginning of the process and onwards.

Tightening of the economy is also a major factor as China continues to attempt to rein in inflation after overstimulating the economy by printing too much money.

According to the China Iron & Steel Association, the Chinese government is pushing to slow down economic growth, with one of the consequences being the demand for steel slowing down.

Expectations are steel consumption in China will drop by up to 4.6 percent in 2011, with the minimum outlook being a 2.6 percent drop in consumption.

Higher input costs and product prices are weighing heavily on the industry, and it's not clear how much the industry will be able to past on to their customers before they cut back on buying.

Industry observers see the next five year as being challenging for the industry as far as growth goes.

AK Steel Holding Corporation participates in the production of flat-rolled carbon, stainless, and electrical steels, and tubular products primarily in the United States and around the world.

AK Steel Holding Corporation (AKS) closed Friday at $14.23, falling $0.47, or 3.20 percent.

Steel's (AKS) (FRD) (NUE) (SUTR) (PKX) and China Demand

For the most part, as goes China so goes the demand for steel, and in that regard it doesn't look good for steel companies like AK Steel Holding Corporation (NYSE:AKS), Friedman Industries Inc. (AMEX:FRD), Nucor (NYSE:NUE), Sutor Technology Group, Ltd. (Nasdaq:SUTR) and POSCO (NYSE:PKX), which are going to be pressured in the years ahead from declining demand from the Middle Kingdom.

According to the China Iron & Steel Association, the Chinese government is pushing to slow down economic growth, which will result in demand for steel in the country to slow down.

Estimates under the current scenario for the steel sector have steel consumption declining in China by a minimum of 2.6 percent to as high as 4.6 percent in 2011.

Globally it doesn't look good for the next five years or so either, as the top estimates are for steel demand to grow at a 5 percent rate annually, although many think it'll be less than that.

In the short term, the U.S. steel industry should ship product at 14 percent above 2010 levels, reaching about 95 million tons in 2011.

All the companies are being affected by soaring iron ore prices and other inputs, which are putting stress on margins and earnings because buyers are hesitating to acquire product at too high of prices; something that will continue for several years.

For the steel industry, there isn't much to be optimistic about, no matter how the situation is spun. It's going to remain tough for some time.

AK Steel Holding Corporation closed Wednesday at $15.47, falling $0.36, or 2.27 percent.

Dividend Yields for (NEM) (ECL) (AKS) (SIAL) (ATI)

Indicated dividend yields for Standard & Poor's 500 Index companies Newmont Mining Corp (NEM), Ecolab Inc (ECL), AK Steel Holding Corp (AKS), Sigma-Aldrich Corp (SIAL) and Allegheny Technologies Inc (ATI).

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.

Newmont Mining Corp (SHW) has a dividend yield of 1.36 percent on a declared dividend of $0.20. The payout ratio is 14.4 percent.

Ecolab Inc (ECL) has a dividend yield of 1.33 percent on a declared dividend of $0.17. The payout ratio is 43.4 percent.

AK Steel Holding Corp (AKS) has a dividend yield of 1.23 percent on a declared dividend of $0.05. The payout ratio is 63.0 percent.

Sigma-Aldrich Corp (SIAL) has a dividend yield of 1.02 percent on a declared dividend of $0.18. The payout ratio is 18.5 percent.

Allegheny Technologies Inc (ATI) has a dividend yield of 1.00 percent on a declared dividend of $0.18. The payout ratio is 31.2 percent.

Steel Firms (STLD) (HAYN) (CMC) (AKS) (MT) Pressured on Low Growth Outlook

The steel sector, even with some strong recent quarters from companies, looks weak, as over the next five years it is projected to grow at a pace of about 5 percent or less annually, placing downward pressure on steel producers like Steel Dynamics Inc. (Nasdaq:STLD), Haynes International Inc. (Nasdaq:HAYN), Commercial Metals Company (NYSE:CMC), AK Steel Holding Corporation (NYSE:AKS) and ArcelorMittal (NYSE:MT). And that's the more positive outlook by most analysts. A large number don't believe growth will even happen at that rate.

A majority of steel companies are being pressured to increase prices on their products in order to protect margins and earnings as the price of inputs and commodities rise.

That's not to say steel demand is falling completely, because it's not. But rising demand in some segments doesn't guarantee rising profits, as the industry is experiencing. A number of weak economies around the world could cut also into demand if steel prices and products rise to prohibitive levels.

There's no way to spin the outlook for the steel industry positively. The industry will struggle for years even in the midst of strong demand in some segments, as they attempt to work out the balance between steel demand, rising inputs, and ability for companies and countries to afford price increases from producers.

Steel Dynamics closed Friday at $18.19, up $0.01, or 0.06 percent.

AK Steel (AKS) (GGB) (GNI) (IIIN) (MTL) (ZEUS) Pressured on Low Growth Steel Outlook

The steel industry, even with some strong recent quarters, looks weak, as over the next five years it is expected to grow at a pace of about 5 percent or less annually, putting downward pressure on steel companies like AK Steel Holding Corporation (NYSE:AKS), Gerdau S.A. (NYSE:GGB), Great Northern Iron Ore Proper (NYSE:GNI), Insteel Industries Inc. (Nasdaq:IIIN), Mechel OAO (NYSE:MTL) and Olympic Steel Inc. (Nasdaq:ZEUS); although they traded a little stronger Thursday.

A majority of steel companies are being forced to raise prices on their products in order to protect margins and earnings as the price of inputs and commodities rise.

That's not to say steel demand is falling, because it's not. But rising demand doesn't guarantee rising profits, as the industry is experiencing. A number of weak economies around the world could cut also into demand if steel prices and products rise to prohibitive levels.

There's no way to spin the outlook for the steel industry positively. The industry will struggle for years even in the midst of strong demand, as they attempt to work out the balance between steel demand, rising inputs, and ability for companies and countries to afford price increases from producers.

It also looks like the U.S. economy is starting to sputter again, and that's not good news for the steel industry either.

AK Steel (AKS) (FNB) (KNOL) (WBSN) (CLUB) Get Ratings Upgrades

AK Steel Holding Co. (NYSE: AKS), F.N.B. Corp (NYSE: FNB), Knology, Inc. (NASDAQ: KNOL), Websense Inc. (NASDAQ: WBSN) and Town Sports International Holdings, Inc. (NASDAQ: CLUB) all upgraded today.

DA Davidson upgraded AK Steel Holding Co. (AKS) to a “Buy” rating. They now have a price target $22.00 on the company.

Keefe, Bruyette & Woods, Inc upgraded F.N.B. Corp (FNB) from a “Market Perform” rating to an “Outperform” rating.

BWS Financial upgraded Knology, Inc. (KNOL) from a “Hold” rating to a “Buy” rating. They now have a price target of $18.00 placed on them, up from $11.50.

Craig Hallum upgraded Websense Inc. (WBSN) from an “Accumulate” rating to a “Buy” rating.

ThinkEquity upgraded Town Sports International Holdings, Inc. (CLUB) from a “Hold” rating to a “Buy” rating.