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Equity Briefing: Upgrades and Downgrades for July 31st: DNDN, DNDN, DOW, DTV, EXC, FB, HCBK, HOLX, LECO, LM, L
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:
JPMorgan Chase downgraded shares of Dendreon Co. (NASDAQ: DNDN) from an overweight rating to a neutral rating.
Deutsche Bank downgraded shares of Dendreon Co. (NASDAQ: DNDN) from a buy rating to a hold rating.
Argus downgraded shares of The Dow Chemical Company (NYSE: DOW) from a buy rating to a hold rating.
Jefferies Group initiated coverage on shares of DirecTV (NYSE: DTV). They issued a buy rating on the stock.
Morgan Stanley initiated coverage on shares of Exelon Co. (NYSE: EXC). They issued an equal-weight rating on the stock.
Sanford C. Bernstein upgraded shares of Facebook (NASDAQ: FB) from an underperform rating to a market perform rating.
Guggenheim upgraded shares of Hudson City Bancorp, Inc. (NASDAQ: HCBK) from a neutral rating to a buy rating.
Dougherty & Co upgraded shares of Hologic, Inc. (NASDAQ: HOLX) from a neutral rating to a buy rating.
Longbow Research downgraded shares of Lincoln Electric Holdings Inc (NASDAQ: LECO) from a buy rating to a neutral rating.
Susquehanna downgraded shares of Legg Mason, Inc. (NYSE: LM) from a neutral rating to a neutral rating. Their analysts now have a $19.00 price target on the stock, down previously from $27.00.
Roth Capital initiated coverage on shares of Limoneira Company (NASDAQ: LMNR). They issued a buy rating on the stock.
William Blair downgraded shares of Luminex (NASDAQ: LMNX) from an outperform rating to a market perform rating.
Piper Jaffray upgraded shares of Luminex (NASDAQ: LMNX) from an underweight rating to a neutral rating.
Argus downgraded shares of Las Vegas Sands Corp. (NYSE: LVS) from a buy rating to a hold rating.
Compass Point initiated coverage on shares of AG Mortgage Investment Trust (NASDAQ: MITT). They issued a neutral rating on the stock and set a $22.50 price target. They noted that the move was a valuation call.
Compass Point downgraded shares of American Capital Mortgage Investment Crp (NASDAQ: MTGE) from a buy rating to a neutral rating. Their analysts now have a $23.00 price target on the stock, up previously from $20.00.
Piper Jaffray upgraded shares of Nanosphere Inc (NASDAQ: NSPH) from a neutral rating to an overweight rating.
Stephens initiated coverage on shares of OmniVision Technologies, Inc. (NASDAQ: OVTI). They issued an overweight rating on the stock.
Brean Murray downgraded shares of Pitney Bowes Inc. (NYSE: PBI) from a buy rating to a hold rating.
Wunderlich downgraded shares of PMC-Sierra, Inc. (NASDAQ: PMCS) from a buy rating to a hold rating. Their analysts now have a $6.50 price target on the stock, down previously from $8.00.
Jefferies Group downgraded shares of PMC-Sierra, Inc. (NASDAQ: PMCS) from a buy rating to a hold rating.
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