August 7, 2012 - 10:32 AM EDT
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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

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Source: Thomson Reuters ONE (August 7, 2012 - 10:32 AM EDT)

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