Tuesday, December 6, 2011

Patterson (PDCO) (PETD) (RAM) (ETR) (FTNT) (GE) Ratings, Price Targets

Patterson Companies Inc. (PDCO), Petroleum Development Co. (PETD), Ram Energy Resources (RAM), Entergy Corp. (ETR), Fortinet, Inc. (FTNT) and
General Electric (GE) ratings and price targets.

Deutsche Bank (NYSE:DB) initiated coverage on Patterson Companies Inc.
(PDCO). They placed a “Hold” rating on the company.

Brean Murray initiated coverage on Petroleum Development Co. (PETD). They placed a “Buy” rating and a price target of $46.00 on the company.

Global Hunter Securities initiated coverage on Ram Energy Resources (RAM). They placed an “Accumulate” rating on the company.

Bank of America (NYSE:BAC) upgraded Entergy Corp. (ETR) to a “Neutral”
rating.

Robert W. Baird downgraded Fortinet, Inc. (FTNT) from an “Outperform” rating to a “Neutral” rating. They have a price target of $27.00 on the company.

Sanford C. Bernstein upgraded General Electric (GE) from a “Market Perform” rating to an “Outperform” rating.

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