Tuesday, January 31, 2012

Acme (APKT) (REGN) (SIVB) (TNB) (CMI) (GEVA) Ratings, Price Targets

Acme Packet, Inc. (NASDAQ: APKT), Regeneron Pharma (NASDAQ: REGN), SVB Financial Group (NASDAQ: SIVB), Thomas & Betts Co. (NYSE: TNB), Cummins (NYSE: CMI) and Synageva BioPharma (NASDAQ: GEVA) ratings and price targets.

Regeneron Pharma (REGN) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.

SVB Financial Group (SIVB) was upgraded by FIG Partners to an “Outperform” rating.

Thomas & Betts Co. (TNB) was upgraded by Macquarie to a “Neutral” rating.

Morgan Stanley (NYSE:MS) initiated coverage on Acme Packet, Inc. (APKT). They placed an “Equal Weight” rating on the company.

William Blair initiated coverage on Cummins (NYSE: CMI). They placed a “Market Perform” rating on the company.

Cowen initiated coverage on Synageva BioPharma (GEVA). They placed an “Outperform” rating on the company.

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