Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
 August 20, 2012 - 10:23 AM EDT
Print Email Article Font Down Font Up Charts














Equity Briefing: Upgrades and Downgrades for August 20th: ORCL, PB, PCYC, PEG, PSA, RDA, RDNT, REPYY, RES

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 Briefing:

Longbow Research  initiated coverage on shares of Oracle (NASDAQ: ORCL). They issued a buy rating on the stock and set a $36.00 price target.

BMO Capital Markets  upgraded shares of Prosperity Bancshares, Inc. (NYSE: PB) from a market perform rating to an outperform rating. BMO Capital Markets now has a $48.00 price target on the stock.

Roth Capital  downgraded shares of Pharmacyclics, Inc. (NASDAQ: PCYC) from a buy rating to a neutral rating.

Morgan Stanley  downgraded shares of Public Service Enterprise Group Inc. (NYSE: PEG) from an equal weight rating to an underweight rating. Their analysts now have a $31.00 price target on the stock, down previously from $34.00.

RBC Capital  downgraded shares of Public Storage (NYSE: PSA) from a sector perform rating to an underperform rating. Their analysts now have a $139.00 price target on the stock, up previously from $134.00.

UBS AG  downgraded shares of Rda Microelectronics Inc (NYSE: RDA) from a buy rating to a neutral rating. Their analysts now have a $11.00 price target on the stock, down previously from $15.00.

Jefferies Group  reiterated its hold rating on shares of Radnet Incorporated (NASDAQ: RDNT).

RBC Capital  downgraded shares of Repsol (NASDAQ: REPYY) from a top pick rating to a sector perform rating. Their analysts now have a $16.00 price target on the stock.

Iberia  upgraded shares of RPC, Inc (NYSE: RES) from a sector perform rating to an outperform rating.

Bank of America  upgraded shares of Ross Stores, Inc. (NASDAQ: ROST) from a neutral rating to a buy rating. Bank of America now has a $80.00 price target on the stock, up previously from $68.00.

Canaccord Genuity  reiterated its hold rating on shares of SandRidge Energy Inc. (NYSE: SD).

Roth Capital  downgraded shares of Stemcells  Inc (NASDAQ: STEM) from a buy rating to a neutral rating. Their analysts now have a $1.80 price target on the stock, down previously from $5.00.

RBC Capital  upgraded shares of Statoil (NYSE: STO) from a sector perform rating to a top pick rating. RBC Capital now has a $175.00 price target on the stock, up previously from $160.00.

Stifel Nicolaus  downgraded shares of Seagate (NYSE: STX) from a buy rating to a hold rating.

Longbow Research  initiated coverage on shares of SolarWinds, Inc. (NYSE: SWI). They issued a neutral rating on the stock.

Barclays Capital  downgraded shares of Stanley Black & Decker Inc (NYSE: SWK) from an overweight rating to an equal weight rating. Their analysts now have a $75.00 price target on the stock.

Canaccord Genuity  reiterated its hold rating on shares of Southwestern Energy (NYSE: SWN).

Sanford C. Bernstein  downgraded shares of Telefonica SA (NYSE: TEF) from a market perform rating to an underperform rating.

JPMorgan Chase  downgraded shares of Telecom Italia (NYSE: TI) from an overweight rating to a neutral rating.

Raymond James  downgraded shares of Toro (NYSE: TTC) from an outperform rating to a market perform rating.

Brean Murray  reiterated its sell rating on shares of Urban Outfitters, Inc. (NASDAQ: URBN).

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

Content and Media Contact: newseditor@equitybriefing.com





This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Equity Briefing via Thomson Reuters ONE

HUG#1635018


Source: Thomson Reuters ONE (August 20, 2012 - 10:23 AM EDT)

News by QuoteMedia
www.quotemedia.com
Tags: