Equity Analyst Upgrades and Downgrades You Must Know Monday

Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded the shares on April 23rd.

Upgrades

Suncor Energy (NYSE:SU):

BMO Capital Markets upgraded its rating on this company from Market Perform to Outperform and changed its price target from $38 to $39.

Chesapeake Utilities (NYSE:CPK):

Hilliard Lyons upgraded its rating on this company from Neutral to Long-term Buy and changed its price target to $45.

Lions Gate Entertainment (NYSE:LGF):

Caris & Company upgraded its rating on this company from Average to Above Average and changed its price target to .

JAKKS Pacific (NASDAQ:JAKK):

Needham upgraded its rating on this company from Hold to Buy and changed its price target to $22.

Downgrades

Knology (NASDAQ:KNOL): Reports Q1 revenue $196.7M, consensus $206.67M

RBC Capital Mkts downgraded its rating on this company from Outperform to Sector Perform and changed its price target from $19 to $19.75.

Abovenet (NYSE:ABVT):

RBC Capital Mkts downgraded its rating on this company from Outperform to Sector Perform and changed its price target from $86 to $84.

Ardea Biosciences (NASDAQ:RDEA):

Brean Murray downgraded its rating on this company from Buy to Hold and changed its price target to .

Rambus (NASDAQ:RMBS):

BWS Financial downgraded its rating on this company from Buy to Hold and changed its price target to .

SemGroup (NYSE:SEMG):

Imperial Capital downgraded its rating on this company from Outperform to In-line and changed its price target from $26.87 to $31.

First Solar (NASDAQ:FSLR):

Maxim Group downgraded its rating on this company from Hold to Sell and changed its price target to $9.

MB Financial (NASDAQ:MBFI):

Stifel Nicolaus downgraded its rating on this company from Buy to Hold and changed its price target to .

Forward Air (NASDAQ:FWRD):

Dahlman Rose downgraded its rating on this company from Buy to Hold and changed its price target to . Robert W. Baird downgraded its rating on this company from Outperform to Neutral and changed its price target to $40.

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