Equity Briefing: Upgrades and Downgrades for August 7th: ACI, AGU, AMAT, AMGN, AMT, ATML, BMO, BMRN, BNS, CM

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: Argus  upgraded shares of Arch Coal, Inc. (NYSE: ACI) from a hold rating to a buy rating. Argus now has a $10.00 price target on the stock. Macquarie  downgraded shares of Agrium (NYSE: AGU) from an outperform rating to a neutral rating. Their analysts now have a $101.00 price target on the stock...

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:

Argus  upgraded shares of Arch Coal, Inc. (NYSE: ACI) from a hold rating to a buy rating. Argus now has a $10.00 price target on the stock.

Macquarie  downgraded shares of Agrium (NYSE: AGU) from an outperform rating to a neutral rating. Their analysts now have a $101.00 price target on the stock.

Goldman Sachs  upgraded shares of Applied Materials, Inc. (NASDAQ: AMAT) from a neutral rating to a buy rating.

Lazard Capital  upgraded shares of Amgen, Inc. (NASDAQ: AMGN) from a sell rating to a buy rating. Lazard Capital now has a $101.00 price target on the stock.

Credit Suisse  downgraded shares of American Tower Corporation (NYSE: AMT) from an outperform rating to a neutral rating. Their analysts now have a $75.00 price target on the stock.

Goldman Sachs  downgraded shares of Atmel (NASDAQ: ATML) from a buy rating to a neutral rating. Their analysts now have a $6.50 price target on the stock.

Barclays Capital  downgraded shares of Bank of Montreal (NYSE: BMO) from an equal weight rating to an underweight rating.

Lazard Capital  initiated coverage on shares of Biomarin Pharm (NASDAQ: BMRN). They issued a buy rating on the stock and set a $57.00 price target.

Barclays Capital  upgraded shares of Bank of Nova Scotia (NYSE: BNS) from an underweight rating to an equal weight rating.

Barclays Capital  downgraded shares of CIBC (NYSE: CM) from an overweight rating to an equal weight rating.

Nomura  initiated coverage on shares of Concur Technologies, Inc. (NASDAQ: CNQR). They issued a buy rating on the stock and set a $80.00 price target.

Canaccord Genuity  upgraded shares of Coach (NYSE: COH) from a hold rating to a buy rating. Canaccord Genuity now has a $71.00 price target on the stock.

Jefferies Group  initiated coverage on shares of Campbell Soup Company (NYSE: CPB). They issued a hold rating on the stock and set a $36.00 price target.

Barclays Capital  downgraded shares of Ceragon Networks Ltd. (NASDAQ: CRNT) from an overweight rating to an equal weight rating. Their analysts now have a $9.00 price target on the stock, down previously from $11.00.

CLSA  upgraded shares of Changyou.com Ltd (NASDAQ: CYOU) from an outperform rating to a buy rating. CLSA now has a $30.00 price target on the stock.

Credit Agricole  upgraded shares of Changyou.com Ltd (NASDAQ: CYOU) from an outperform rating to a buy rating.

UBS AG  initiated coverage on shares of Dell Inc. (NASDAQ: DELL). They issued a neutral rating on the stock and set a $12.50 price target.

Wunderlich  raised its price target on shares of Walt Disney (NYSE: DIS) from $46.00 to $50.00. They have a hold rating on the stock.

BB&T  downgraded shares of Dole Food (NASDAQ: DOLE) from a buy rating to a hold rating.

Lazard Capital  initiated coverage on shares of Discovery Laboratori (NASDAQ: DSCO). They issued a buy rating on the stock and set a $8.00 price target.

Morgan Stanley  downgraded shares of East West Bancorp Inc (NASDAQ: EWBC) from an overweight rating to an equalweight rating. Their analysts now have a $25.00 price target on the stock, down previously from $26.00.

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