Stifel Nicolaus Rating and Price Target Updates 6/22

Stifel Nicolaus made a number of rating and price target changes in a research report published today.

Boston Scientific Corporation (NYSE: BSX) had its rating upgraded from Hold to Buy. At the same time, its new price target was set at $9. On Tuesday, Boston Scientific closed the day at $6.92. Its shares moved higher in today's pre-market trading, however, rising 1.88% to $7.05.

Forest Oil Corporation (NYSE: FST) had its rating upgraded from Hold Buy. At the same time, its new price target was set at $34. On Tuesday, Forest Oil ended the day at $26.30. Its shares climbed 0.99% higher to $26.56 in today's pre-market trading.

MYR Group Inc. (NASDAQ: MYRG) had its rating reiterated at Buy and its price target lowered from $34.50 to $34.00. On Tuesday, MYR finished the day at $22.10.

Thomas & Betts Corporation (NYSE: TNB) had its rating reiterated at Buy and its price target lowered from $67.50 $66.50. On Tuesday, Thomas & Betts closed the day at $51.71.

Valmont Industries (NYSE: VMI) had its rating maintained at Buy and its price target reduced from $128 to $125. At the moment, Valmont is trading around $89.55.