Monday, September 24, 2012

Chevron (CVX), (FSM), (AKS), (BTU), (TLM) (WLT) (DRQ) Ratings Changes


Ratings on shares of Chevron (CVX), Dril-Quip (DRQ), AK Steel Holding Co. (AKS), Peabody Energy Corp. (BTU), Fortuna Silver Mines (FSM), Talisman Energy (TLM), Walter Energy (WLT) and U.S. Steel (X) were adjusted by analysts.

Howard Weil upgraded shares of Chevron (CVX) from a "Market Perform" rating to an "Outperform" rating. They have a price target of $135.00 on the company.

ISI Group upgraded Dril-Quip (DRQ) from a "Hold" rating to a "Buy" rating.

Citigroup (C) downgraded AK Steel Holding Co. (AKS) from a "Neutral" rating to a "Sell" rating. They lowered their price from $5.50 to $3.50 on the company.

Bank of America (BAC) downgraded Peabody Energy Corp. (BTU) from a "Buy" rating to an "Underperform" rating. They lowered their price target from $32.00 to $22.00 on the company.

Dundee Securities downgraded Fortuna Silver Mines (FSM) from a "Buy" rating to a "Neutral" rating.

Credit Suisse (CS) downgraded Talisman Energy (TLM) from an "Outperform" rating to a "Neutral"rating.

Bank of America Walter Energy (WLT) Buy Neutral $45.00 $37.00

Citigroup U.S. Steel (X) Buy Neutral $30.00 $23.00

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