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Equity Brief: Ratings Changes for November 28th: OTEX, P, PES, PNC, PPL, PTEN, QSII, RAH


A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/equitybriefdaily) and Equity Brief:

RBC Capital upgraded shares of Open Text (NASDAQ: OTEX) from a sector perform rating to an outperform rating. RBC Capital now has a $70.00 price target on the stock, up previously from $60.00.

Cowen initiated coverage on shares of Pandora Media (NYSE: P). They issued a neutral rating on the stock.

Deutsche Bank upgraded shares of Pioneer Energy Services Corp (NYSE: PES) from a hold rating to a buy rating. Deutsche Bank now has a $10.00 price target on the stock, up previously from $7.00.

Oppenheimer lowered its price target on shares of PNC Financial Services (NYSE: PNC) from $75.00 to $72.00. They have an outperform rating on the stock.

Macquarie upgraded shares of PPL Co. (NYSE: PPL) from a neutral rating to an outperform rating.

Deutsche Bank upgraded shares of Patterson-UTI (PTEN) from a hold rating to a buy rating. Deutsche Bank now has a $28.00 price target on the stock, up previously from $17.00.

JMP Securities initiated coverage on shares of Quality Systems Inc (QSII). They issued a market perform rating on the stock.

UBS AG downgraded shares of Ralcorp Holdings, Inc. (RAH) from a buy rating to a neutral rating. Their analysts now have a $90.00 price target on the stock.

Stifel Nicolaus downgraded shares of Ralcorp Holdings, Inc. (RAH) from a buy rating to a hold rating. Their analysts now have a $78.00 price target on the stock.

Deutsche Bank downgraded shares of Rowan Companies, Inc. (RDC) from a buy rating to a hold rating.

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Source: Equity Brief via Thomson Reuters ONE

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