Equity Briefing: Upgrades and Downgrades for July 24th: NOW, NOW, NRG, NXY, OLP, PAG, PCS, PEET, PGRX, PHM, PO

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing: Citigroup  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued a buy rating on the stock and set a $30.00 price target. Morgan Stanley  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued an equal weight rating on the stock...

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:

Citigroup  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued a buy rating on the stock and set a $30.00 price target.

Morgan Stanley  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued an equal weight rating on the stock.

JPMorgan Chase  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued an overweight rating on the stock.

Deutsche Bank  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued a buy rating on the stock and set a $34.00 price target.

Barclays Capital  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued an overweight rating on the stock.

Pacific Crest  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued an outperform rating on the stock.

Wells Fargo & Co.  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued an outperform rating on the stock.

Credit Suisse  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued a neutral rating on the stock.

UBS AG  initiated coverage on shares of ServiceNow Inc (NYSE: NOW). They issued a neutral rating on the stock.

Deutsche Bank  downgraded shares of NRG Energy, Inc. (NYSE: NRG) from a buy rating to a hold rating.

CIBC  downgraded shares of Nexen Inc. (NYSE: NXY) to an underperform rating.

Raymond James  downgraded shares of Nexen Inc. (NYSE: NXY) from an outperform rating to a market perform rating.

Compass Point  raised its price target on shares of One Liberty Properti (NYSE: OLP) from $18.00 to $21.00. They have a buy rating on the stock.

Goldman Sachs  downgraded shares of Penske Automotive (NYSE: PAG) from a neutral rating to a sell rating. They noted that the move was a valuation call.

Macquarie  upgraded shares of MetroPCS (NYSE: PCS) from a neutral rating to an outperform rating.

Jefferies Group  downgraded shares of Peet S Coffee & Tea  Inc (NASDAQ: PEET) from a buy rating to a hold rating.

Dahlman Rose  initiated coverage on shares of Prospect Global Resources Inc (NASDAQ: PGRX). They issued a buy rating on the stock and set a $5.00 price target.

Susquehanna  downgraded shares of PulteGroup, Inc. (NYSE: PHM) from a neutral rating to a neutral rating.

Goldman Sachs  upgraded shares of Portland General Electric Company (NYSE: POR) from a sell rating to a neutral rating.

Morgan Stanley  downgraded shares of RailAmerica, Inc. (NYSE: RA) from an equalweight rating to an underweight rating.

Wells Fargo & Co.  downgraded shares of RailAmerica, Inc. (NYSE: RA) from an outperform rating to a market perform rating.

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

Copyright Thomson Reuters


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: %s via Thomson Reuters ONE


[HUG#1629010]