September 13, 2012 - 10:16 AM EDT
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Equity Brief: Upgrades and Downgrades for September 13th: SIG, SN, STNG, T, TGB, TIF, TJX, TNP, TOT, TROW

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/arndailyr) and Equity Brief:

Citigroup  initiated coverage on shares of Signet Jewelers Ltd. (NYSE: SIG). They issued a buy rating on the stock and set a $60.00 price target.

Canaccord Genuity  raised its price target on shares of Sanchez Energy Corp (NYSE: SN) from $36.00 to $38.00. They have a buy rating on the stock.

Global Hunter Securities  initiated coverage on shares of Scorpio Tankers (NASDAQ: STNG). They issued a buy rating on the stock and set a $7.00 price target.

Hudson Square Research  downgraded shares of AT&T Inc. (NYSE: T) from a buy rating to a hold rating.

Bank of America  initiated coverage on shares of Taseko Mines Limited (NYSE: TGB). They issued an underperform rating on the stock.

Citigroup  initiated coverage on shares of Tiffany & Co. (NYSE: TIF). They issued a buy rating on the stock and set a $80.00 price target.

Citigroup  initiated coverage on shares of TJX Companies Inc (NYSE: TJX). They issued a buy rating on the stock and set a $55.00 price target.

Global Hunter Securities  initiated coverage on shares of Tsakos Energy Navigation (NYSE: TNP). They issued a buy rating on the stock and set a $8.00 price target.

Citigroup  upgraded shares of TOTAL S.A. (NYSE: TOT) from a sell rating to a neutral rating.

Credit Suisse  downgraded shares of T. Rowe Price (NASDAQ: TROW) from an outperform rating to a neutral rating. Their analysts now have a $66.00 price target on the stock.

Wunderlich  raised its price target on shares of Time Warner Inc. (NYSE: TWX) from $51.00 to $54.00. They have a buy rating on the stock.

Barclays Capital  downgraded shares of Tyco International Ltd (NYSE: TYC) from an overweight rating to an equal weight rating. Their analysts now have a $60.00 price target on the stock, down previously from $64.00.

Barclays Capital  downgraded shares of United Parcel Service, Inc. (NYSE: UPS) from an overweight rating to an equal weight rating. Their analysts now have a $145.00 price target on the stock, up previously from $138.00.

Citigroup  initiated coverage on shares of Urban Outfitters, Inc. (NASDAQ: URBN). They issued a neutral rating on the stock and set a $40.00 price target.

Maxim Group  initiated coverage on shares of Ultratech, Inc. (NASDAQ: UTEK). They issued a buy rating on the stock and set a $37.00 price target.

Dahlman Rose  raised its price target on shares of Valero Energy Co. (NYSE: VLO) from $32.00 to $42.00. They have a buy rating on the stock.

Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at http://bit.ly/arndailyr

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Source: Equity Brief via Thomson Reuters ONE

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Source: Thomson Reuters ONE (September 13, 2012 - 10:16 AM EDT)

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