Ratings changed on Tellabs, Smurfit-Stone
The following is a list of stocks, on which analysts changed their ratings or began coverage today. The stock symbols are listed in parentheses after the companies' names.
• Naperville-based Tellabs Inc (TLAB US) was downgraded to "Hold" from "Buy" at Soleil Securities by equity analyst Michael Genovese. The 12-month target price is $8.00 per share.
• Chicago-based Smurfit-Stone Container Corp (SSCC US) was raised to "Outperform" from "Market Perform" at BMO Capital Markets by equity analyst Stephen Atkinson. The 12-month target price is $26.00 per share.
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