Nokia (NYSE: NOK): Wunderlich Securities on Monday downgraded its rating on the company to Hold from Buy.
MGM Resorts International (NYSE: MGM): Bernstein Upgraded its rating on the stock to Outperform from Market Perform citing increased projections for Macau growth.
Transocean Ltd. (NYSE: RIG): Argus this morning upgraded Transocean to Buy from Hold citing valuation. Price target is $85.
Cliffs Natural Resources (NYSE: CLF): UBS initiated coverage on the company with a Buy rating and a price target of $122.
Linkedin Corporation (NYSE: LNKD): Evercore Partners initiated coverage on the company with an Equal-weight rating and $70 price target.
Renren (NASDAQ: RENN): Oppenheimer initiated coverage on the company with an Outperform rating and $12 price target.
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