Equity Briefing: Upgrades and Downgrades for August 2nd: RAH, RFP, RLH, RNR, SBUX, SM, SRDX, SYK, TIE, TISI, T
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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:
Credit Suisse upgraded shares of Ralcorp Holdings, Inc. (NYSE: RAH) from a neutral rating to an outperform rating.
TD Securities upgraded shares of Resolute Forest Products Inc (NYSE: RFP) from a reduce rating to a hold rating.
Robert W. Baird upgraded shares of Red Lion Hotels Corp (NYSE: RLH) from an underperform rating to a neutral rating. Robert W. Baird now has a $7.00 price target on the stock.
Deutsche Bank upgraded shares of RenaissanceRe Holdings Ltd. (NYSE: RNR) from a sell rating to a hold rating.
Argus downgraded shares of Starbucks (NASDAQ: SBUX) from a buy rating to a hold rating.
Simmons downgraded shares of SM Energy (NYSE: SM) from an overweight rating to a neutral rating.
Feltl & Co. upgraded shares of SurModics, Inc. (NASDAQ: SRDX) from a hold rating to a buy rating. Feltl & Co. now has a $20.00 price target on the stock, up previously from $15.00.
Piper Jaffray downgraded shares of Stryker (NYSE: SYK) from an overweight rating to a neutral rating.
JPMorgan Chase upgraded shares of Titanium Metals Corp (NYSE: TIE) from a neutral rating to an overweight rating.
Johnson Rice downgraded shares of Team, Inc. (NASDAQ: TISI) from an overweight rating to an equal weight rating.
Howard Weil upgraded shares of Tesoro Co. (NYSE: TSO) from an outperform rating to a focus stock rating. Howard Weil now has a $33.00 price target on the stock.
Craig Hallum upgraded shares of United Online, Inc. (NASDAQ: UNTD) from a sell rating to a buy rating.
Bank of America downgraded shares of Veolia Environnement (NYSE: VE) from a buy rating to a neutral rating.
SunTrust upgraded shares of Verisk Analytics Inc (NASDAQ: VRSK) from a neutral rating to a buy rating.
Longbow Research initiated coverage on shares of Werner Enterprises, Inc. (NASDAQ: WERN). They issued a buy rating on the stock and set a $29.00 price target.
BMO Capital Markets upgraded shares of Wright Medical (NASDAQ: WMGI) from a market perform rating to an outperform rating.
Sterne Agee downgraded shares of Wright Express Co. (NYSE: WXS) from a buy rating to a neutral rating.
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