Petrobras Brasileiro (NYSE:PBR), Jefferies Group (NYSE:JEF), CNinsure (NASDAQ:CISG), ARM Holdings (NASDAQ:ARMH), ArthroCare (NASDAQ:ARTC) and Leap Wireless (NASDAQ:LEAP) had ratings and price targets on them adjusted by analysts.
Raymond James (NYSE:RJF) initiated coverage on Jefferies Group (JEF). They placed a "Market Perform" rating on the company.
Oppenheimer (NYSE:OPY) initiated coverage on CNinsure (CISG). They placed a "Perform" rating on the company.
ARM Holdings (ARMH) was upgraded by Natixis from a "Reduce" rating to a "Neutral" rating.
Petrobras Brasileiro (PBR) was downgraded by Barclays (NYSE:BCS) from an "Overweight" rating to an "Equal Weight" rating.
ArthroCare (ARTC) was downgraded by Jefferies from a "Buy" rating to a "Hold" rating.
Leap Wireless (LEAP) was downgraded by Collins Stewart from a "Buy" rating to a "Neutral rating. They slashed their price target on the company from $18.00 to $12.00.
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