Coverage on (INTC) (MDAS) (PCG) (PHH) (PMC) Initiated by Analysts

Intel Corporation (NASDAQ:INTC), MedAssets, INC. (NASDAQ:MDAS), PG&E Corp. (NYSE:PCG), PHH CORPORATION (NYSE:PHH) and PharMerica Corporation (NYSE:PMC) had coverage initiated on them by analysts.

Deutsche Bank (NYSE:DB) initiated coverage on Intel Corporation (INTC), starting them off with a "Buy" rating. They placed a price target of $27 on the company.

Deutsche Bank initiated coverage on MedAssets, INC. (MDAS), starting them off with a "Hold" rating. They raised their price target from $17.50 to $18 on the company.

Deutsche Bank initiated coverage on PG&E Corp. (PCG), starting them off with a "Hold" rating. They lowered their price target from $49 to $45 on the company.

FBR Capital Markets initiated coverage on PHH CORPORATION (PHH), starting them off with an "Outperform" rating. They placed a price target of $28 on the company.

Credit Suisse (NYSE:CS) initiated coverage on PharMerica Corporation (PMC), starting them off with a "Neutral" rating. They raised their price target from $11 to $12 on the company.

Analyst Downgrades for (OTEX) (PLCE) (PMC) (PTSI) (PX)

Analysts downgraded Open Text (NASDAQ: OTEX), Children’s Place Retail Stores, Inc. (NASDAQ: PLCE), Pharmerica Corporation (NYSE: PMC), P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) and Praxair, Inc. (NYSE: PX) today.

Benchmark Co. downgraded Open Text (OTEX) from a “hold” rating to a “sell” rating. They have a price target of $56 on the company.

JPMorgan Chase & Co. (NYSE:JPM) downgraded Children’s Place Retail Stores, Inc. (PLCE) from an “overweight” rating to a “neutral” rating.

Stifel Nicolaus downgraded Pharmerica Corporation (PMC) from a “buy” rating to a “hold” rating.

Morgan Keegan downgraded P.A.M. Transportation Services, Inc. (PTSI) from an “outperform” rating to a “market perform” rating.

Piper Jaffray downgraded Praxair, Inc. (PX) from an “overweight” rating to a “neutral” rating. They now have a price target of $106 on the company, up from $104.