Wednesday, February 1, 2012

CF (CF) (REXX) (RRC) (THRX) (VECO) (ENTR) Ratings, Price Targets

CF Industries Holdings (NYSE: CF), Rex Energy (NASDAQ: REXX), Range Resources (NYSE: RRC), Theravance, Inc. (NASDAQ: THRX), Veeco Instruments Inc. (NASDAQ: VECO) and Entropic (NASDAQ: ENTR) ratings and price targets.

Rex Energy (REXX) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating.

CF Industries Holdings (CF) was upgraded by Goldman Sachs (NYSE:GS)from a “Neutral” rating to a “Buy” rating.

Range Resources (RRC) was upgraded by Canaccord Genuity from a “Sell” rating to a “Hold” rating. They have a price target of $59.00 on the company, down from $60.00.

Morgan Stanley (NYSE:MS) initiated coverage on Theravance, Inc. (THRX). They placed an “Underweight” rating and a price target of $12.00 on the company.

Exane BNP Paribas initiated coverage on Veeco Instruments Inc. (VECO). They placed a “Neutral” rating on the company.

Roth Capital initiated coverage on Entropic (ENTR). They placed a “Buy” rating on the company.

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