Eldorado (EGO) (GOLD) (TC) (BAC) (RJF) (DB) (FGP) Ratings, Price Targets

Eldorado Gold Co. (EGO), Randgold Resources Ltd. (GOLD), Thompson Creek Metals (TC), Bank of America (BAC), Raymond James (RJF), Deutsche Bank (DB) and Ferrellgas Partners (FGP) had ratings and price targets on them adjusted by analysts.

Canaccord Genuity upgraded Eldorado Gold Co. (EGO) from a "Hold" rating to a "Buy" rating.

Stifel Nicolaus upgraded Randgold Resources Ltd. (GOLD) from a "Hold" rating to a "Buy" rating. They placed a price target of $110.00 on the company.

Deutsche Bank upgraded Thompson Creek Metals (TC) from a "Sell" rating to a "Hold" rating.

Guggenheim upgraded Bank of America (BAC) from a "Neutral" rating to a "Buy" rating. They placed a price target of $11.00 on the company.

Wells Fargo & Co. initiated coverage on Raymond James (RJF). They have an "Outperform" rating on the company.

TheStreet upgraded Deutsche Bank (DB) to a "Hold" rating.

JPMorgan Chase & Co. initiated coverage on Ferrellgas Partners (FGP). They placed an "Underweight" rating and a price target of $12.00 on the company.

Thompson (TC) (JPM) (LNKD) (BMO) (NYX) (APOL) (ARB) Ratings, Price Targets

Thompson Creek Metals (TC), JPMorgan Chase & Co. (JPM), Linkedin Co. (LNKD), Bank of Montreal (BMO), NYSE Euronext (NYX), Apollo Group, Inc. (APOL) and Arbitron Inc. (ARB) had ratings and price targets initiated or adjusted by analysts.

Dahlman Rose downgraded Thompson Creek Metals (TC) from a "Buy" rating to a "Hold" rating.

Standpoint Research initiated coverage on JPMorgan Chase & Co. (JPM). They have a "Buy" rating and price target of $47.00 on the company.

Avondale Partners initiated coverage on Linkedin Co. (LNKD). They have a "Market Perform" rating and price target of $87.00 on the company.

Macquarie downgraded Bank of Montreal (BMO) from an "Outperform" rating to a "Neutral" rating.

Raymond James downgraded NYSE Euronext (NYX) from a "Strong-Buy" rating to an "Outperform" rating.

Deutsche Bank downgraded Apollo Group, Inc. (APOL) from a "Buy" rating to a "Hold" rating. They have a price target of $45.00 on the company..

CJS Securities upgraded Arbitron Inc. (ARB) to an "Outperform" rating.

St. Jude (STJ) (TC) (TDG) (AMT) (ASML) (ATHN) Ratings, Price Targets

St. Jude Medical, Inc. (STJ), Thompson Creek Metals Co. Inc. (TC), Transdigm Group (TDG), American Tower Corporation (AMT), ASML Holding (ASML) and AthenaHealth (ATHN) ratings and price targets.

Morgan Keegan reiterated its “Outperform” rating on St. Jude Medical, Inc. (STJ).

JPMorgan Chase & Co. (NYSE:JPM) upgraded Thompson Creek Metals Co. Inc. (TC) to an “Overweight” rating.

Goldman Sachs (NYSE:GS) initiated coverage on Transdigm Group (TDG). They placed a “Neutral” rating on the company.

Collins Stewart raised its price target on American Tower Corporation (AMT) from $65.00 to $70.00. They have a “Buy” rating on the company.

Zacks Investment Research upgraded ASML Holding (ASML) from a “Neutral” rating to an “Outperform” rating.

Jefferies (NYSE:JEF) lowered its price target on AthenaHealth (ATHN) to $50.00.

SatCon (SATC) (AEIS) (TC) (CB) (TXN) All Downgraded

SatCon Tech (NASDAQ: SATC), Advanced Energy Industries, Inc. (NASDAQ: AEIS), Thompson Creek Metals Co Inc (NYSE: TC), The Chubb Corp (NYSE: CB) and Texas Instruments (NYSE: TXN) downgraded by analysts.

Advanced Energy Industries, Inc. (AEIS) was downgraded by Dougherty & Co. from a “Buy” rating to a “Neutral” rating. They have a price target of $13.50 on the company, down from $17.00.

Thompson Creek Metals Co. Inc (TC) was downgraded by JPMorgan Chase & Co. (NYSE: JPM) from an “Overweight” rating to a “Neutral” rating.

Texas Instruments (TXN) was downgraded by BNP Paribas from a “Neutral” rating to an “Underperform” rating.

The Chubb Corp (CB) was downgraded by Goldman Sachs (NYSE: GS) from a “Buy” rating to a “Neutral” rating.

SatCon Tech (SATC) was downgraded by Dougherty & Co. from a “Buy” rating to a “Neutral” rating. They have a price target of $2.50 on the company, down from $3.50.

Price Targets on (THC) (TC) (ROSE) (RAX) Updated

Price targets on Tenet Healthcare Co. (NYSE: THC), Thompson Creek Metals Co Inc (NYSE: TC), Rosetta Resources Inc. (NASDAQ: ROSE) and Rackspace Hosting, Inc. (NYSE: RAX) updated by analysts.

The Benchmark Company raised their price target on Rackspace Hosting, Inc. (RAX) from $43.00 to $50.00. They have a “buy” rating on the company.

FBR Capital raised their price target on Rosetta Resources Inc. (ROSE) from $55.00 to $65.00. They now have an “outperform” rating on the company.

RBC Capital cut their price target on Tenet Healthcare Co. (THC) to $6.75.

Stifel Nicolaus raised their price target on Rackspace Hosting, Inc. (RAX) from $45.00 to $50.00. They have a “buy” rating on the company.

Global Hunter Securities raised their price target on Rosetta Resources Inc. (ROSE) from $51.00 to $62.00. They have a “buy” rating on the company.

Dahlman Rose cut their price target on Thompson Creek Metals Co Inc (TC) from $18.00 to $16.00. They have a “buy” rating on the company.

JPMorgan (JPM) Recommends Newmont (NEM), (FCX), (MUSA), (STLD), Others

JPMorgan (NYSE:JPM), says Newmont Mining Corp. (NYSE:NEM), Metals USA Holdings Corp. (NYSE:MUSA), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) and Steel Dynamics Inc. (NASDAQ:STLD) are solid picks if an investor believes oil prices will remain high.

Also noted were Thompson Creek Metals Co. (NYSE:TC), DHT Holdings Inc. (NYSE:DHT), Amgen Inc. (NASDAQ:AMGN), Jabil Circuit Inc. (NYSE:JBL) and Gilead Sciences Inc. (NASDAQ:GILD) as having a lot of potential in a high oil price environment.

Thomas Lee, chief U.S. equity strategist at JPMorgan said there’s “downside risk” to the 2011 S&P 500 earnings-per-share estimate of $97.50, though not to the 1,425 year-end forecast.

Lee said every $20-a-barrel rise in the price of oil has an impact of $2.22 in earnings per share for the Standard & Poor’s 500 Index.

Stocks JPMorgan sees as those to avoid in this economic environment are Affymetrix Inc. (NASDAQ:AFFX), Standard Pacific Corp. (NYSE:SPF), MDC Holdings Inc. (NYSE:MDC) and Beazer Homes USA Inc. (NYSE:BZH).

Thompson Creek (NYSE:TC) Goes as Molybdenum Goes, Good News in Short Term

Thompson Creek (NYSE:TC) will be driven by the performance of molybdenum in the short term, says Deutsche (NYSE:DB), and they say that's a good thing for the company.

Deutsche said, "TC’s development of the Mt. Milligan copper-gold mine should reduce its single-product valuation discount.

"Given its single-product exposure to molybdenum (moly) in the near term, Thompson Creek's (TC) outlook is closely tied to the performance of this metal. We maintain a positive view for moly given demand from new applications, uncertain supply growth, and a shifting industry cost structure as higher-cost primary product accounts for a greater proportion of world output. DB expects moly price to continue rising till 2013 which should drive share price performance."

Deutsche Bank reiterates a "Buy" rating on Thompson Creek, which closed Tuesday at $15.08, gaining $0.57, or 3.93 percent. Deutsche has a price target of $18 on them, increasing it from $16.

First Majestic Silver (NYSE:AG), U.S. Gold (NYSE:UXG), Jaguar Mining (NYSE:JAG), Thompson Creek Metals (NYSE:TC) Among Tuesday's Top Performers

Of the top performers on Tuesday, five of the top ten, as measured by percentages on the NYSE, were miners, including First Majestic Silver (NYSE:AG), U.S. Gold (NYSE:UXG), Jaguar Mining (NYSE:JAG) and Thompson Creek Metals (NYSE:TC).

First Majestic Silver and U.S. Gold were No.1 and No. 2 respectively among all stocks on the exchange.

Much of this was centered around the fall in value of the U.S. dollar and gold and silver's safe haven status as well as being increasingly considered as an alternative currency if the U.S. dollar were to completely collapse.

First Majestic Silver closed Tuesday at $13.60, gaining $1.51, or 12.49 percent. U.S. Gold ended at $7.96, up $0.67, or 9.19 percent.

Jaguar Mining, which was the No. 4 gainer on Tuesday, based on percentages, closed at $7.18, up $0.50, or 7.49 percent. In 9th place Tuesday was Thompson Creek Metals, closing at $13.94, gaining $13.94, up $0.72, or 5.45 percent.

Other than Jaguar Mining, all the companies were above their 3-month daily trading volume.

Thompson Creek (NYSE:TC) Should Generate Higher Unit Prices

After their recent earnings report, Thompson Creek Metals (NYSE:TC) has shown that while its unit prices should rise through 2012, they will experience lower volumes during that time.

Consequently, Canaccord Genuity maintained a "Hold" rating on them, although they raised their price target on the mining company.

Canaccord said, "Thompson Creek reported Q3/10 financial results on November 4. Adjusted diluted EPS of US$0.32 was above our forecast of US$0.19 and the 14-analyst Bloomberg consensus of US$0.20, with a low income tax rate the primary difference to our forecasts. Operating results were in line. TCM provided 2011 and 2012 operating guidance, confirming expectations of lower volumes and higher unit prices into 2012.

"Our new 2011E and 2012E EBITDA forecasts are US$226 million and US$143 million, down from US$242 million and US$148 million. Our new 2011 and 2012 adjusted EPS forecasts are US$0.60 and US$0.23."

Thompson was trading at $13.38 in New York, gaining $0.26, or 1.98 percent as of 12:41 PM EDT. Canaccord increased their price target on them from C$10.30 to C$12.00.

Thompson Creek (NYSE:TC) Could be Prime Acquisition Target

With a number of large attempt to merge with large cap and mid-cap stocks, Deutsche Bank (NYSE:DB) says they see Thompson Creek (NYSE:TC) being an attractive acquisition candidate, and upgraded them from "Hold" to "BUY."

Deutsche said, "US Fed Quantitative Easing clearly favors hard asset producers. As a result we upgrade TC to Buy and raise our PT from $13 to $16 based on 12x 2011E EPS from 10x previously as we believe near-term valuations will rise as investors seek to re-allocate to dollar-defensive stocks. Further, given recent failed large cap M&A, mid-cap stocks may become renewed focus of consolidation, fueling further revaluation, supporting upgrade."

Thompson Creek primarily focuses on all aspects of the molybdenum market, from mining to marketing them across North America.

They closed Friday at $13.12, gaining $0.69, or 5.55 percent. Deutsche has a price target of $16 on them, raising it from $13 a share.

New Gold (Amex:NGD), Hecla Mining (NYSE:HL), Thompson Creek (NYSE:TC) Downgraded by UBS (NYSE:UBS)

UBS (NYSE:UBS) took aim at some companies it feels are weak in the mining sector, and downgraded New Gold, Inc. (Amex:NGD), Hecla Mining (NYSE:HL), Thompson Creek Metals (NYSE:TC).

Hecla was downgraded from "Buy" to "Neutral," New Gold from "Buy" to "Neutral," and Thompson Creek Metals was cut from "Buy" to "Neutral" as well.

Thompson Creek Metals closed the trading day Tuesday at $10.76, losing $0.82, or 7.08 percent.

Hecla Mining dropped to $6.60, dropping $0.56, or 7.82 percent. UBS has a price target of $7.75 on them, increasing it from $6.75.

New Gold fell to $6.46, declining $0.56, or 7.98 percent. They have a price target of $7.25 on them from UBS.

Goldcorp (NYSE:GG) Agrees to Terrane Metals (CDNX:TRX.V) Deal

Goldcorp (NYSE:GG) (TSE:G) said Thursday that it wouldn't oppose the acquisition of all outstanding common and preferred shares of Terrane Metals Corp. (NYSE:TC) by Thompson Creek Metals (NYSE:TC).

The stake held by Goldcorp in Terrane outstanding shares is 58 percent; owning 240 million preferred shares and 27.3 million common shares in the company.

Once the deal is completed, Goldcorp will own 13.9 million common shares of Thompson Creek Metals, an 8 percent stake, and receive C$240.5 million in cash as well.

Goldcorp is one of the largest and low-cost gold miners in the world, only recently surpassed in costs by Newmont Mining (NYSE:NEM).