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Analysts' Rating And Target Changes: AIG, DRI, NVDA, LMCA, P, PAY

 December 05, 2012 01:13 PM

(By Balachander) A number of stocks were upgraded, downgraded and price targets changed by equities research analysts on Wednesday.

American International Group Inc. (NYSE: AIG): Argus upgraded its rating on the stock to "buy" from "hold". Shares gained 2.76 percent to trade at $34.24.

Darden Restaurants Inc. (NYSE: DRI): Jefferies (JEF) downgraded its rating on the stock to "hold" from "buy". Shares dipped 0.78 percent to trade at $47.03.

[Related -Pandora Media Inc (NYSE: P): Why Should You Invest In Pandora In 2014?]

NVIDIA Corp. (NASDAQ: NVDA): Oppenheimer downgraded its rating on the stock to "perform" from "outperform". Shares retreated 1.65 percent to trade at $11.90.

Liberty Media Corp. (NASDAQ: LMCA): Wunderlich downgraded its rating on the stock to "hold" from "buy". Lazard Capital lowered price target on the stock to $134 from $142. Shares traded 0.21 percent lower at $105.34.

Pandora Media Inc. (NYSE: P): Canaccord Genuity reduced its price target on the stock to $12 from $16. Stifel Nicolaus lowered price target to $14 from $17. Shares plunged 17.25 percent to trade at $7.82.

[Related -Pandora Media Inc (NYSE:P): Improved Mobile Monetization Should Boost Profits]

VeriFone Systems Inc. (NYSE: PAY): UBS upgraded its rating on the stock to "buy" from "neutral". Shares jumped 6.45 percent to trade at $32.20.

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