Echelon (ELON) (CNI) (ENS) (GPN) (STT) (ZFSVY) (IR) (RA) Ratings, Price Targets

Echelon Co. (NASDAQ: ELON), Canadian National Railway (NYSE: CNI), EnerSys (NYSE: ENS), Global Payments Inc. (NYSE: GPN), State Street Co. (NYSE: STT), Zurich Financial Services (NASDAQ: ZFSVY), Ingersoll-Rand (NYSE: IR) and RailAmerica, Inc. (NYSE: RA) had ratings and price targets on them adjusted by analysts.

Canadian National Railway (CNI) had its “Market Perform” rating reiterated by BMO Capital Markets.

EnerSys (ENS) had its price target raised by Ardour Capital from $31.00 to $38.00. They have an “Accumulate” rating on the company.

Echelon Co. (ELON) had its “Buy” rating reiterated by Jefferies Group (NYSE:JEF).

Global Payments Inc. (GPN) had its “Buy” rating reiterated by Nomura (NYSE:NMR).

State Street Co. (STT) had its “Neutral” rating reiterated by Nomura.

UBS AG (NYSE:UBS) initiated coverage on Zurich Financial Services (ZFSVY). They placed a “Neutral” rating on the company.

Ingersoll-Rand (IR) had its price target raised by Bank of America (NYSE:BAC) from $40.00 to $46.00. They have a “Buy” rating on the company.

RailAmerica, Inc. (RA) had its price target raised by JPMorgan Chase & Co. (NYSE:JPM) from $17.00 to $21.00. They have an “Overweight” rating on the company.

VMware (VMW) (CNI) (VIT) (ECL) (ED) (NUVA) Upgraded

VMware, Inc. (NYSE: VMW), Canadian National Railway (NYSE: CNI), VanceInfo Technologies Inc. (NYSE: VIT), Ecolab Inc. (NYSE: ECL), Consolidated Edison, Inc. (NYSE: ED) and NuVasive (NASDAQ: NUVA) upgraded by analysts.

VMware, Inc. (VMW) was upgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Outperform” rating. They have a price target of $115.00 on the company.

Canadian National Railway (CNI) was upgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Outperform” rating.

VanceInfo Technologies Inc. (VIT) was upgraded by Kaufman Brothers from a “Hold” rating to a “Buy” rating. They have a price target of $25.00 on the company.

Ecolab Inc. (ECL) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $58.00 on the company, up from $53.00.

Consolidated Edison, Inc. (ED) was upgraded by ISI Group from a “Sell” rating to a “Hold” rating.

NuVasive (NUVA) was upgraded by Rodman & Renshaw from a “Market Perform” rating to an “Outperform” rating. They have a price target of $33.00 on the company.

RSC (RRR) (ITW) (CNI) (CTCM) (PH) (RGDX) (STXS) Downgraded

RSC Holdings Inc. (NYSE: RRR), Illinois Tool Works Inc. (NYSE: ITW), Canadian National Railway (NYSE: CNI), CTC Media, Inc. (NASDAQ: CTCM), Parker-Hannifin Co. (NYSE: PH), Response Genetics (NASDAQ: RGDX) and Stereotaxis, Inc. (NASDAQ: STXS) downgraded by analysts.

Illinois Tool Works Inc. (ITW) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating.

RSC Holdings Inc. (RRR) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating.

Canadian National Railway (CNI) was downgraded by Goldman Sachs from a “Neutral” rating to a “Sell” rating.

CTC Media, Inc. (CTCM) was downgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Underperform” rating.

Parker-Hannifin Co. (PH) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating.

Response Genetics (RGDX) was downgraded by Ladenburg Thalmann from a “Buy” rating to a “Neutral” rating.

Stereotaxis, Inc. (STXS) was downgraded by Oppenheimer from an “Outperform” rating to a “Perform” rating.

Cogent (CCOI) (XOXO) (NOA) (ACLS) (CNI) (VMW) Upgraded

Cogent Communications (NASDAQ: CCOI), XO Group Inc (NASDAQ: XOXO), North American Energy Partners Inc (NYSE: NOA), Axcelis Technologies Inc (NASDAQ: ACLS), Canadian National Railway (NYSE: CNI) and VMWare, Inc. (NYSE: VMW) upgraded by analysts.

Cogent Communications (CCOI) was upgraded by Collins Stewart from a “Neutral” rating to a “Buy” rating. They have a price target of $18.00 on the company.

XO Group Inc. (XOXO) was upgraded by ThinkEquity from a “Hold” rating to a “Buy” rating.

North American Energy Partners Inc. (NOA) was upgraded by BMO Capital Markets to a “Market Perform” rating.

Axcelis Technologies Inc. (ACLS) was upgraded by Pacific Crest to a “Sector Perform” rating.

Canadian National Railway (CNI) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $88.00 on the company.

VMWare, Inc. (VMW) was upgraded by Wells Fargo & Co. (NYSE:WFC) from a “Market Perform” rating to an “Outperform” rating.

SunPower (SPWRA) (NVDA) (RCII) (CNI) (HCA) (HLIT) Downgraded

SunPower Co. (NASDAQ: SPWRA), NVIDIA (NASDAQ: NVDA), Rent-A-Center, Inc (NASDAQ: RCII), Canadian National Railway (NYSE: CNI), HCA Holdings Inc (NYSE: HCA) and Harmonic (NASDAQ: HLIT) downgraded by analysts.

SunPower (SPWRA) was downgraded by Stifel Nicolaus from a “Hold” rating to a “Sell” rating.

NVIDIA (NVDA) was downgraded by Needham & Company from a “Hold” rating to an “Underperform” rating.

Rent-A-Center, Inc (RCII) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

Canadian National Railway (CNI) was downgraded by Dahlman Rose from a “Buy” rating to a “Hold” rating.

HCA Holdings Inc (HCA) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating. They have a price target of $31.00 on the company.

Harmonic (HLIT) was downgraded by Bank of America (NYSE:BAC) to a “Neutral” rating.

Coverage on (CNI) (CSX) (CVU) (FDX) (GNC) Initiated

Coverage on shares Canadian National Railway (NYSE: CNI), CSX Corp. (NYSE: CSX), CPI Aerostructures, Inc. (NYSE: CVU), FedEx (NYSE: FDX) and GNC Corp. (NYSE: GNC) was initiated by analysts.

Sanford C. Bernstein initiated coverage on Canadian National Railway (CNI). They placed a “market perform” rating and a price target of $84.00 on the company.

Sanford C. Bernstein initiated coverage on CSX Corp. (CSX). They placed a “market perform” rating and a price target $74.00 on the company.

EarlyBird Capital initiated coverage on CPI Aerostructures, Inc. (CVU). They placed a “buy” rating on the company.

Sanford C. Bernstein initiated coverage on FedEx (FDX). They placed a “market perform” rating and a price target of $105.00 on the company.

BMO Capital Markets initiated coverage on GNC Corp. (GNC). They placed a “market perform” rating on the company.