Equity Briefing: Upgrades and Downgrades for August 6th: SM, SPP, SUSS, TE, WCG, WCRX, WMT, ZEUS

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: Oppenheimer  lowered its price target on shares of SM Energy (NYSE: SM) from $92.00 to $65.00. They have an outperform rating on the stock. Citigroup  upgraded shares of Sappi Limited (NYSE: SPP) from a neutral rating to a buy rating. Benchmark Co.  raised its price target on shares of Susser Holdings Co...

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:

Oppenheimer  lowered its price target on shares of SM Energy (NYSE: SM) from $92.00 to $65.00. They have an outperform rating on the stock.

Citigroup  upgraded shares of Sappi Limited (NYSE: SPP) from a neutral rating to a buy rating.

Benchmark Co.  raised its price target on shares of Susser Holdings Co. (NASDAQ: SUSS) from $38.00 to $42.00. They have a buy rating on the stock.

Williams Capital  downgraded shares of TECO Energy, Inc. (NYSE: TE) from a buy rating to a hold rating.

Susquehanna  upgraded shares of WellCare Group (NYSE: WCG) from a neutral rating to a positive rating. Susquehanna now has a $70.00 price target on the stock, up previously from $61.00.

Wedbush  upgraded shares of WellCare Group (NYSE: WCG) from a neutral rating to an outperform rating. Wedbush now has a $72.00 price target on the stock.

Morgan Stanley  downgraded shares of Warner Chilcott (NASDAQ: WCRX) from an overweight rating to an equal weight rating.

Stifel Nicolaus  upgraded shares of Wal Mart Stores Inc (NYSE: WMT) from a hold rating to a buy rating. Stifel Nicolaus now has a $83.00 price target on the stock.

Jefferies Group  reiterated its buy rating on shares of Olympic Steel, Inc. (NASDAQ: ZEUS). They have a $22.00 price target on the stock, down previously from $25.00.

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