Equity Briefing: Upgrades and Downgrades for July 20th: NUE, NXTM, ONXX, ORB, PBCT, PRGO, PWE, RTN, SLM, SNA

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing: Nomura reiterated its buy rating on shares of Nucor Co. (NYSE: NUE). They noted that the move was a valuation call. ThinkEquity initiated coverage on shares of Nxstage Medical (NASDAQ: NXTM). They issued a buy rating on the stock. Leerink Swann upgraded shares of Onyx Pharmaceuticals, Inc...

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

Nomura reiterated its buy rating on shares of Nucor Co. (NYSE: NUE). They noted that the move was a valuation call.

ThinkEquity initiated coverage on shares of Nxstage Medical (NASDAQ: NXTM). They issued a buy rating on the stock.

Leerink Swann upgraded shares of Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) from a market perform rating to an outperform rating.

Jefferies Group reiterated its buy rating on shares of Orbital Sciences Corp. (NYSE: ORB).

Keefe, Bruyette & Woods downgraded shares of People's United Financial, Inc. (NASDAQ: PBCT) from an outperform rating to a market perform rating.

UBS AG downgraded shares of Perrigo (NASDAQ: PRGO) from a buy rating to a neutral rating.

Stifel Nicolaus downgraded shares of Penn West Energy Trust (NYSE: PWE) from a buy rating to a hold rating.

Lazard Capital initiated coverage on shares of Raytheon Company (NYSE: RTN). They issued a neutral rating on the stock.

Janney Montgomery Scott upgraded shares of SLM Co. (NYSE: SLM) from a neutral rating to a buy rating.

Barrington Research downgraded shares of Snap-On Incorporated (NYSE: SNA) from an outperform rating to a market perform rating.

Jefferies Group reiterated its buy rating on shares of SanDisk Co. (NASDAQ: SNDK).

Caris & Co. upgraded shares of SanDisk Co. (NASDAQ: SNDK) from an average rating to an above average rating.

Nomura reiterated its buy rating on shares of SanDisk Co. (NASDAQ: SNDK).

Morgan Stanley upgraded shares of Steel Dynamics, Inc. (NASDAQ: STLD) from an equal weight rating to an overweight rating.

KeyBanc upgraded shares of Stanley Black & Decker Inc (NYSE: SWK) from a hold rating to a buy rating. KeyBanc now has a $80.00 price target on the stock.

Brean Murray upgraded shares of Suncoke Energy Inc (NYSE: SXC) from a hold rating to a buy rating.

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