Wednesday, February 8, 2012

BP (BP) (PXP) (NOR) (LPX) (SJM) (PEET) Ratings and Price Targets

BP Plc (NYSE:BP), Plains Exploration (NYSE:PXP), Noranda Aluminum (NYSE:NOR), Louisiana-Pacific (NYSE:LPX), J.M. Smucker (NYSE:SJM) and Peet’s Coffee & Tea (NASDAQ:PEET) had ratings and price targets on them adjusted by analysts.

Plains Exploration (PXP) was upgraded by Susquehanna from a "Neutral" rating to a "Positive" rating.

BP Plc (BP) was downgraded by Société Générale from a "Buy" rating to a "Hold" rating.

Noranda Aluminum (NOR) was downgraded by Bank of America (NYSE:BAC) from a "Buy" rating to a "Neutral" rating.

Louisiana-Pacific (LPX) was downgraded by UBS (NYSE:UBS) from a "Neutral" rating to a "Sell" rating.

KeyBanc Capital initiated coverage on J.M. Smucker (SJM). They have a "Buy" rating and price target of $95.00 on the company.

KeyBanc Capital initiated coverage on Peet’s Coffee & Tea (PEET). They have a "Buy" rating and price target of $80.00 on the company.

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