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Equity Brief: Ratings Changes for November 19th: ETFC, FLO, FLT, GCAP, GMLP, GOLD, H, HAL, HOT


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Copyright © Thomson Reuters 2012. All rights reserved.
2012-11-19 16:16:41 -

A number of stocks were upgraded and downgraded by equities research analysts
today, as reported by Analyst Ratings Network ( bit.ly/equitybriefdaily)
and Equity Brief:

Evercore Partners upgraded shares of E TRADE Financial Co. (NASDAQ: ETFC) from
an underweight rating to an equal weight rating. Evercore Partners now has a
$7.75 price target on the stock.

KeyBanc upgraded shares of Flowers Foods, Inc. (NYSE: FLO) from a hold rating to
a buy rating. KeyBanc now has a $25.00 price target on the stock.

Evercore Partners initiated coverage on shares of FleetCor Technologies, Inc.
(NYSE: FLT). They issued an overweight rating on the stock.

BGB Securities initiated coverage on shares of Gain Capital Holdings (NASDAQ:
GCAP). They issued a hold rating on the stock and set a $4.25 price target.

Citigroup upgraded shares of 
Golar LNG Partners (NASDAQ: GMLP) from a neutral rating to a buy rating. Citigroup now has a $33.50 price target on the stock. RBC Capital upgraded shares of Randgold Resources Ltd. (GOLD) from a sector perform rating to an outperform rating. MKM Partners upgraded shares of Hyatt Hotels (H) from a neutral rating to a buy rating. Macquarie upgraded shares of Halliburton (HAL) from a neutral rating to an outperform rating. Macquarie now has a $38.00 price target on the stock. Jefferies Group initiated coverage on shares of Starwood Hotels (HOT). They issued a buy rating on the stock. They wrote, "We find a lot to like about Starwood. An asset-light operator, the company has a strong domestic heritage, but the business is evolving towards faster-growing Emerging Markets. Starwood comes top on our qualitative Jefferies Scorecard. The company stands on 10.3x FY13E EV/EBITDA, an 8% discount to Marriott, despite its more positive attributes. Our price target offers 17% upside potential." Jefferies Group upgraded shares of Infineon Technologies AG (IFNNY) from an underperform rating to a hold rating. Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at bit.ly/equitybriefdaily Content and Media Contact: newseditor@equitybrief.net This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Equity Brief via Thomson Reuters ONE [HUG#1659151]


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