Dorman (DORM) (OII) (OIS) (PCP) (DRQ) (DVN) Get New Coverage

Dorman Products Inc. (NASDAQ: DORM), Oceaneering International (NYSE: OII), Oil States International, Inc. (NYSE: OIS), Precision Castparts (NYSE: PCP), Dril-Quip (NYSE: DRQ) and Devon Energy Co. (NYSE: DVN) getting new coverage from analysts.

BWS Financial initiated coverage on Dorman Products Inc. (DORM). They placed a “Sell” rating and a price target of $20.00 on the company.

Jefferies (NYSE:JEF) initiated coverage on Oceaneering International (OII). They placed a “Hold” rating on the company.

Jefferies initiated coverage on Oil States International, Inc. (OIS). They placed a “Buy” rating on the company.

Sterne Agee initiated coverage on Precision Castparts (PCP). They placed a “Buy” rating and a price target of $190.00 on the company.

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

Robert W. Baird initiated coverage on Devon Energy Co. (DVN). They placed an “Outperform” rating and a price target of $83.00 on the company.

Amtrust (AFSI) (ANTH) (OII) (RDEN) (SKH) (SUNH) Downgraded

Amtrust Financial Services, Inc. (NASDAQ: AFSI), Anthera Pharmaceuticals, Inc. (NASDAQ: ANTH), Oceaneering International (NYSE: OII), Elizabeth Arden, Inc. (NASDAQ: RDEN), Skilled Healthcare Group, Inc. (NYSE: SKH) and Sun Healthcare Group, Inc. (NASDAQ: SUNH) downgraded by analysts.

Amtrust Financial Services, Inc. (AFSI) was downgraded by Keefe, Bruyette & Woods, Inc from an “Outperform” rating to a “Market Perform” rating.

Anthera Pharmaceuticals, Inc. (ANTH) was downgraded by Wedbush from an “Outperform” rating to a “Neutral” rating. They have a price target of $7.00 on the company, down from $9.00.

Oceaneering International (OII) was downgraded by Credit Suisse (NYSE:CS) from an “Outperform” rating to a “Neutral” rating. They have a price target of $48.00 on the company.

Elizabeth Arden, Inc. (RDEN) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.

Skilled Healthcare Group, Inc. (SKH) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $6.75 on the company, down from $14.00.

Sun Healthcare Group, Inc. (SUNH) was downgraded by Morgan Keegan from an “Outperform” rating to a “Market Perform” rating. They have a price target of $4.00 on the company, down from $11.00.

Ratings on (NTAP) (OII) (ROVI) (RWEOY) Upgraded

Ratings on shares of NetApp Inc. (NASDAQ: NTAP), Oceaneering International (NYSE: OII), Rovi Corp (NASDAQ: ROVI) and RWE AG (NASDAQ: RWEOY) were upgraded by analysts.

RBC Capital upgraded NetApp Inc. (NTAP) from a “sector perform” rating to an “outperform” rating. They have a price target of $70.00 on the company, up from $55.00.

Wells Fargo & Co. (NYSE:WFC) upgraded Oceaneering International (OII) from a “market perform” rating to an “outperform” rating.

Maxim Group upgraded Rovi Corp (ROVI) from a “hold” rating to a “buy” rating. They have a price target of $67.00 on the company.

Societe Generale upgraded RWE AG (RWEOY) from a “sell” rating to a “hold” rating.

Ratings on (NTAP) (OII) (ROVI) (RWEOY) Upgraded

Ratings on shares of NetApp Inc. (NASDAQ: NTAP), Oceaneering International (NYSE: OII), Rovi Corp (NASDAQ: ROVI) and RWE AG (NASDAQ: RWEOY) were upgraded by analysts.

RBC Capital upgraded NetApp Inc. (NTAP) from a “sector perform” rating to an “outperform” rating. They have a price target of $70.00 on the company, up from $55.00.

Wells Fargo & Co. (NYSE:WFC) upgraded Oceaneering International (OII) from a “market perform” rating to an “outperform” rating.

Maxim Group upgraded Rovi Corp (ROVI) from a “hold” rating to a “buy” rating. They have a price target of $67.00 on the company.

Societe Generale upgraded RWE AG (RWEOY) from a “sell” rating to a “hold” rating.

Dividends on (TSN) (LCNB) (RBCAA) (SHBI) (OII) Declared

Tyson Foods Inc. (TSN), LCNB Corp. (LCNB), Republic Bancorp Inc. (RBCAA), Shore Bancshares Inc. (SHBI) and Oceaneering International Inc. (OII) declare dividends.

The Board of Directors of Tyson Foods Inc. (TSN) declared a quarterly common stock dividend of $0.04 per share payable 9/15/11 to shareholders of record at the close of business on 9/1/11.

The Board of Directors of LCNB Corp. (LCNB) declared a quarterly common stock dividend of $0.16 per share payable 6/15/11 to shareholders of record at the close of business on 6/1/11.

The Board of Directors of Republic Bancorp Inc. (RBCAA) declared a quarterly common stock dividend of $0.154 per share payable 7/15/11 to shareholders of record at the close of business on 6/17/11.

The Board of Directors of Shore Bancshares Inc. (SHBI) declared a quarterly common stock dividend of $0.01 per share payable 5/31/11 to shareholders of record at the close of business on 5/19/11.

The Board of Directors of Oceaneering International Inc. (OII) declared a quarterly common stock dividend of $0.15 per share payable 6/29/11 to shareholders of record at the close of business on 6/17/11.

Price Targets on (MTW) (OII) (HSIC) (PCS) Updated by Analysts

Analysts updated price targets on Manitowoc Company, Inc. (NYSE: MTW), Oceaneering International (NYSE: OII), Henry Schein, Inc. (NASDAQ: HSIC) and MetroPCS (NYSE: PCS).

Barclays Capital (NYSE:BCS) raised their price target on Henry Schein, Inc. (HSIC) from $69.00 to $75.00. They have an “equal weight” rating on the company.

Boenning & Scattergood raised their price target on Manitowoc Company, Inc. (MTW) from $24.00 to $30.00. They have an “outperform” rating on the company.

Barclays Capital raised their price target on Oceaneering International ( OII) from $86.00 to $91.00. They have an “overweight” rating on the company.

Hudson Square Research raised their price target on MetroPCS (PCS) from $17.00 to $20.00. They have a “buy” rating on the company.

Price Targets On (MSI) (BWA) (NTGR) (OII) (PG) Updated

Motorola Solutions (NYSE: MSI), BorgWarner Inc (NYSE: BWA), NetGear Inc (NASDAQ: NTGR), Oceaneering International (NYSE: OII) and Procter & Gamble (NYSE: PG) had their price targets updated by analysts.

Barclays Capital (NYSE:BCS) raised their price target on shares of BorgWarner Inc (BWA) from $80.00 to $85.00. They have an “equal weight” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on Motorola Solutions (MSI) from $35.00 to $40.00. They have a “hold” rating on the company.

Goldman Sachs (NYSE:GS) raised their price target on NetGear Inc (NTGR) to $38.00. They have a “neutral” rating on the company.

Global Hunter Securities raised their price target on Oceaneering International (OII) from $81.00 to $90.00. They have a “neutral” rating on the company.

Caris & Company cut their price target on Procter & Gamble (PG) from $73.00 to $71.00. They have an “average” rating on the company.

Price Targets on (KBR) (LKQX) (MJN) (OII) (OXY) Updated

Price targets on KBR, Inc. (NYSE: KBR), LKQ Co. (NASDAQ: LKQX), Mead Johnson Nutrition (NYSE: MJN), Oceaneering International (NYSE: OII) and Occidental Petroleum Co. (NYSE: OXY) get updated.

Jefferies (NYSE:JEF) raised their price target on shares of KBR, Inc. (KBR) from $33.00 to $42.00. They have a “hold” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on LKQ Co. (LKQX) from $20.00 to $27.50. They have a “hold” rating on the company.

Deutsche Bank raised their price target on Mead Johnson Nutrition (MJN) from $59.00 to $68.00.

Howard Weil raised their price target on Oceaneering International (OII) from $89.00 to $93.00. They have a “market perform” rating on the company.

Deutsche Bank raised their price target on Occidental Petroleum Co. (OXY) from $120.00 to $125.00.

Northern (NOG), Oceaneering (OII) Soar on LNG Demand from Japan

Being the largest importer of coal and liquefied natural gas, Japan is expected to boost its purchases of liquefied natural gas to offset the loss in energy from the nuclear challenges in the country, with Northern Oil and Gas(AMEX:NOG), Oceaneering (NYSE:OII), and others receiving the benefits of that.

The EIA said in a report, “As a result of the March 11 earthquake, the country is likely to import more spot LNG along with other fuels to cover the nuclear power outages as occurred after the last earthquake disruption at the Kashiwazaki-Kariwa nuclear facility in 2007. Only one small regasification terminal, Shin Minato LNG, shut down as a result of the recent earthquake, allowing the country to continue importing LNG and potentially compensate for some portion of lost nuclear capacity.”

Coal miners are also getting a push from the expected growth in demand for electricity in Japan.

Oceaneering International closed Thursday at $79.81, gaining $3.35, or 4.38 percent. Northern Oil & Gas closed at $29.58, up $1.52, or 5.42 percent.