Notable Analyst Upgrades and Downgrades (NASDAQ: JAKK) (TSX: IAE)

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The following stocks were upgraded/downgraded on June 06, 2014
Company Name Exchange Ticker Last Price Total Analyst Coverage Upgrade/
Downgrade
Analyst Name Rating Company Target Price Upside/
Downside (%)
Ithaca Energy Inc TSX IAE 2.56 840.7 Upgrade to buy from hold Werner Riding Peel Hunt 2.89 12.9%
Transcontinental Inc TSX TCL/A 15.75 1,229.0 Upgrade to buy from market perform David McFadgen Cormark Securities Inc. 18.00 14.3%
Marquee Energy Ltd TSXV MQL 1.06 127.5 Initiate with outperform Robert J Fitzmartyn FirstEnergy Capital Corp 1.50 41.5%
DeeThree Exploration Ltd TSX DTX 11.17 990.7 Initiate with outperform Kurt B Molnar Raymond James 14.00 25.3%
ViXS Systems Inc TSX VXS 1.40 70.5 Downgrade to hold from buy Blair Abernethy Cantor Fitzgerald 1.25 -10.7%

Peel Hunt upgraded Ithaca Energy Inc (TSX: IAE), a North Sea oil and gas operator, to buy from hold raising its price target to C$2.89 from C$2.74, indicating an upside of 12.9% from current levels.

Transcontinental Inc (TSX: TCL/A), a printer and provider of media and marketing activation solutions, was upgraded to buy from market perform at Cormark Securities Inc. increasing its price target to C$18.00 from C$16.50, indicating an upside of 14.3% from current levels.

FirstEnergy Capital Corp initiated coverage on Marquee Energy Ltd (TSXV: MQL), a junior oil and gas company engaged in the acquisition, exploration, development and production of petroleum and natural gas reserves, with an outperform rating assigning a 12-month price target of C$1.50, indicating an upside of 41.5% from current levels.

Raymond James initiated coverage on DeeThree Exploration Ltd (TSX: DXE), engaged in natural gas and light crude oil exploration, development and production, with an outperform rating assigning a 12-month price target of C$14.00, indicating an upside of 25.3% from current levels.

Cantor Fitzgerald downgraded ViXS Systems Inc (TSX: VXS), ViXS Systems Inc (TSX: VXS), engaged in designing media processing semiconductor solutions for the broadcasting and consumer electronics industries, to hold from buy lowering its price target to C$1.25 from C$4.50, indicating a downside of 10.7% from current levels.

The following stocks were upgraded/downgraded on June 06, 2014
Company Name Exchange Ticker Last Price Total Analyst
Coverage
Upgrade/
Downgrade
Analyst Name Rating Company Target Price Upside/
Downside (%)
JAKKS Pacific Inc NASDAQ JAKK 7.51 174.8 Upgrade to buy from hold Sean P McGowan Needham & Co 10.00 33.2%
Armstrong World Industries Inc NYSE AWI 55.36 3,034.2 Upgrade to outperform from neutral Michael R Wood Macquarie 67.00 21.0%
Spirit AeroSystems Holdings Inc NYSE SPR 33.69 4,674.5 Upgrade to outperform from market perform Cai Von Rumohr Cowen and Company 40.00 18.7%
Steiner Leisure Ltd NASDAQ STNR 42.57 625.9 Initiate with buy Frank A Camma Sidoti & Company LLC 56.00 31.5%
Rally Software Development Corp NYSE RALY 8.71 216.5 Downgrade to hold from buy Nandan Amladi Deutsche Bank 15.00 72.2%

Needham & Co upgraded JAKKS Pacific Inc (NASDAQ: JAKK), a multi-line, multi-brand toy company that designs, produces, markets and distributes toys and related products, to buy from hold with a price target of $10.00, indicating an upside of 33.2% from current levels.

Armstrong World Industries Inc (NYSE: AWI), a global producer of flooring products and ceiling systems for use in the construction and renovation of residential, commercial and institutional buildings, was upgraded to outperform from neutral at Macquarie increasing its price target to $67.00 from $57.00, indicating an upside of 21% from current levels.

Cowen and Company upgraded Spirit AeroSystems Holdings Inc (NYSE: SPR), an independent non- original equipment manufacturer (OEM) aircraft parts designers and manufacturers of commercial aero-structures, to outperform from market perform with a price target of $40.00 from $32.00, indicating an upside of 18.7% from current levels.

Sidoti & Company LLC initiated coverage on Steiner Leisure Ltd (NASDAQ: STNR), a provider of spa services, with a buy rating assigning a 12-month price target of $56.00, indicating an upside of 31.5% from current levels.

Deutsche Bank downgraded Rally Software Development Corp (NYSE: RALY), a global provider of cloud-based solutions for managing Agile software development, to hold from buy lowering its price target to $15.00 from $30.00, indicating an upside of 72.2% from current levels.

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