Equity Briefing: Upgrades and Downgrades for August 7th: TUMI, UFCS, VASC, VOG, VRNG, VRTX, VVUS, WMS
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:
Credit Suisse upgraded shares of Tumi Holdings Inc (NASDAQ: TUMI) from a neutral rating to an outperform rating. Credit Suisse now has a $25.00 price target on the stock, up previously from $23.00.
Sandler O'Neill upgraded shares of United Fire & Casualty (NASDAQ: UFCS) from a hold rating to a buy rating.
Sidoti downgraded shares of Vascular Solutions Inc (NASDAQ: VASC) from a buy rating to a neutral rating.
Global Hunter Securities downgraded shares of Voyager Oil & Gas (NYSE: VOG) from an accumulate rating to a neutral rating. Their analysts now have a $2.50 price target on the stock, down previously from $3.50.
Maxim Group initiated coverage on shares of Vringo, Inc. (NASDAQ: VRNG). They issued a buy rating on the stock and set a $6.50 price target.
Lazard Capital initiated coverage on shares of Vertex Pharmaceuticals (NASDAQ: VRTX). They issued a buy rating on the stock and set a $57.00 price target.
Lazard Capital upgraded shares of VIVUS, Inc. (NASDAQ: VVUS) from a neutral rating to a buy rating. Lazard Capital now has a $36.00 price target on the stock.
Nomura downgraded shares of WMS Industries Inc. (NYSE: WMS) from a neutral rating to a reduce rating.
JPMorgan Chase downgraded shares of WMS Industries Inc. (NYSE: WMS) from a neutral rating to an underweight rating.
Bank of America downgraded shares of WMS Industries Inc. (NYSE: WMS) from a neutral rating to an underperform rating.
Stephens initiated coverage on shares of Wal Mart Stores Inc (NYSE: WMT). They issued an overweight rating on the stock and set a $86.00 price target.
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Source: Equity Briefing via Thomson Reuters ONE
HUG#1632393
Source: Thomson Reuters ONE
(August 7, 2012 - 10:32 AM EDT)
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