Friday, October 26, 2012

Agnico (AEM) (CVE) (HERO) (MPC) (PSX) (RUS) (SCHN) Upgraded by Analysts


Agnico Eagle Mines (AEM), Cenovus Energy Inc (CVE), Hercules Offshore, Inc. (HERO), Marathon
Petroleum (MPC), Phillips 66 (PSX), Russel Metals Inc (RUS) and Schnitzer Steel (SCHN) were
upgraded by analysts.

Barclays Capital upgraded Agnico Eagle Mines (AEM) from an "Underperform" rating to a
"Sector Perform" rating. They have a price target of $69.00 on the company.

Cormark upgraded Cenovus Energy Inc (CVE) from an "Outperform" rating to a "Buy" rating.

Dahlman Rose upgraded Hercules Offshore, Inc. (HERO) from a "Hold" rating to a "Buy" rating. They have a price target of $6.50 on the company. Jefferies Group also upgraded Hercules from a Hold rating to a Buy rating, although they have a price target of $4.50 on the company.

Credit Suisse upgraded Marathon Petroleum (MPC) from a "Neutral" rating to an "Outperform" rating. They have a price target of $75.00 on the company.

Credit Suisse upgraded Phillips 66 (PSX)  from a "Neutral" rating to an "Outperform" rating. They have a price target of $60.00 on the company.

CIBC upgraded Russel Metals (RUS)  from a "Sector Perform" rating to an "Outperform" rating.

DA Davidson upgraded Schnitzer Steel (SCHN) from a "Neutral" rating to a "Buy" rating. They have a price target of $36.00 on the company.

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