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JPMorgan upgrades Melco Crown Enter. (Nasdaq: MPEL) from Neutral to Overweight with a price target of $20.
Janney Montgomery Scott raises McDonald’s (NYSE: MCD) from Neutral to Buy, moving its price target up $8 to $104.
Oracle Investment Research boosts Freeport-McMoRan (NYSE: FCX) to Strong Buy with a price target of $60. Click Here for more color.
Credit Suisse lifts Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) from Neutral to Outperform.
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Piper Jaffray downgrades Regal Entertainment (NYSE: RGC) from Overweight to Neutral.
Sandler O’Neill trims Prudential Financial (NYSE: PRU) from Buy to Hold, moving its price target from $63 down to $57.
Stephens lowers InterDigital Inc. (Nasdaq: IDCC) from Overweight to Equal Weight.
TD Securities cuts Teck Resources (NYSE: TCK) from Buy to Hold, easing its target $2 to $38. Click Here for more color.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
BB&T Capital initiates 3D Systems (NYSE: DDD) with a Buy and $60 price target.
SunTrust Robinson Humphrey assumes Citi (NYSE: C) at Buy and $43 target.
Barclays reinstates Hertz Global (NYSE: HTZ) with a Overweight and $21 target.
Topeka Capital starts PulteGroup (NYSE: PHM) with a Buy and $22 target. Click Here for more color.
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