Friday, March 16, 2012

Vantage (VTG) (VE) (NCT) (AXTI) (DAN) (GLNG) (IRIS) Ratings, Price Targets

Vantage Drilling Company (VTG), Veolia Environnement (VE), Newcastle Investment (NCT), AXT, Inc. (AXTI), Dana Holding Co. (DAN), Golar LNG Limited (GLNG) and IRIS International, Inc. (IRIS) had ratings and price targets on them adjusted by analysts.

SunTrust downgraded Abraxas Petroleum Corp. (AXAS) from a "Buy" rating to a "Neutral" rating.

UBS AG downgraded Veolia Environnement (VE) from a "Sell" rating to a "Neutral" rating.

Dahlman Rose upgraded Vantage Drilling Company (VTG) from a "Hold" rating to a "Buy" rating. They have a price target of $2.20 on the company.

Compass Point initiated coverage on Newcastle Investment (NCT). They have a "Buy" rating and a price target of $9.00 on the company.

Northland Securities AXT, Inc. (AXTI) from a "Market Perform" rating to a "Outperform" rating. They have a price target of $8.00 on the company.

Bank of America initiated coverage on Dana Holding Co. (DAN). They have a "Buy" rating on the company.

Wells Fargo & Co. initiated coverage on Golar LNG Limited (GLNG). They have a "Market Perform" rating on the company.

Sidoti upgraded initiated coverage on IRIS International, Inc. (IRIS). They have a "Buy" rating on the company.

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