PPG (PPG) (VAL) (APD) (DOW) (EMN) (PX) (SHW) (CE) Get New Coverage

Celanese Co. (NYSE: CE), PPG (NYSE: PPG), The Valspar Co. (NYSE: VAL), Air Products & Chemicals, Inc. (NYSE: APD), The Dow Chemical Company (NYSE: DOW), Eastman Chemical Co (NYSE: EMN), Praxair, Inc. (NYSE: PX) and The Sherwin Williams Co (NYSE: SHW) getting new coverage from analysts.

Barclays Capital initiated coverage on Air Products & Chemicals, Inc. (APD). They have an "Overweight" rating and a price target of $97.00 on the company.

Barclays Capital initiated coverage on Celanese Co. (CE). They have an "Overweight" rating and a price target of $49.00 on the company.

Barclays Capital initiated coverage on Dow Chemical Company (DOW). They have an "Equal Weight" rating and a price target of $34.00 on the company.

Barclays Capital initiated coverage on Eastman Chemical Co. (EMN). They have an "Equal Weight" rating and a price target of $92.00 on the company.

Barclays Capital initiated coverage on PPG (PPG). They have an "Equal Weight" rating and a price target of $85.00 on the company.

Barclays Capital initiated coverage on Praxair, Inc. (PX). They have an "Equal Weight" rating and a price target of $105.00 on the company.

Barclays Capital initiated coverage on the Sherwin Williams Co. (SHW). They have an "Equal Weight" rating and a price target of $81.00 on the company.

Barclays Capital initiated coverage on the Valspar Co. (VAL). They have an "Equal Weight" rating and a price target of $35.00 on the company.

Dividend Yields for (PPG) (VMC) (SEE) (PX (FCX)

Indicated dividend yields for Standard & Poor's 500 Index companies PPG Industries Inc (PPG), Vulcan Materials Co (VMC), Sealed Air Corp (SEE), Praxair Inc (PX) and Freeport-McMoRan Copper & Gold (FCX).

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.

PPG Industries Inc (PPG) has a dividend yield of 2.41 percent on a declared dividend of $0.57. The payout ratio is 38.7 percent.

Vulcan Materials Co (VMC) has a dividend yield of 3.06 percent on a declared dividend of $0.25. The payout ratio is 303.6 percent.

Sealed Air Corp (SEE) has a dividend yield of 2.02 percent on a declared dividend of $0.13. The payout ratio is 34.6 percent.

Praxair Inc (PX) has a dividend yield of 1.88 percent on a declared dividend of $0.50. The payout ratio is 38.2 percent.

Freeport-McMoRan Copper & Gold (FCX) has a dividend yield of 1.82 percent on a declared dividend of $0.50. The payout ratio is 15.8 percent.

Praxair (PX) (REGN) (RNOW) (RNR) (RRC) Price Targets Raised

Price targets on Praxair, Inc. (NYSE: PX), Regeneron Pharms (NASDAQ: REGN), RightNow Technologies (NASDAQ: RNOW), RenaissanceRe Holdings Ltd. (NYSE: RNR) and Range Resources (NYSE: RRC) raised by analysts.

Jefferies (NYSE:JEF) raised their price target on Praxair, Inc. (PX) from $113.00 to $122.00. They have a “buy” rating on the company.

RBC Capital raised their price target on Regeneron Pharms (REGN) from $48.00 to $70.00. They have an “outperform” rating on the company.

Needham & Company raised their price target on RightNow Technologies (RNOW) from $31.00 to $36.00. Theyhave a “buy” rating on the company.

RBC Capital raised their price target on RenaissanceRe Holdings Ltd. (RNR) from $68.00 to $73.00. They have a “sector perform” rating on the company.

RBC Capital raised their price target on Range Resources (RRC) from $68.00 to $70.00. They have an “outperform” rating 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.