Equity Briefing: Upgrades and Downgrades for July 30th: ACI, ACI, AKZOY, ARIA, ARO, ARQL, BCS, BG, CERN, CHS,
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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:
Sterne Agee upgraded shares of Arch Coal, Inc. (NYSE: ACI) from a neutral rating to a buy rating.
Global Hunter Securities upgraded shares of Arch Coal, Inc. (NYSE: ACI) from a neutral rating to a buy rating. Global Hunter Securities now has a $18.00 price target on the stock.
ING Group downgraded shares of Akzo Nobel (NASDAQ: AKZOY) from a buy rating to a hold rating.
William Blair initiated coverage on shares of Ariad Pharmaceutical (NASDAQ: ARIA). They issued an outperform rating on the stock and set a $25.00 price target.
RBC Capital upgraded shares of Aeropostale, Inc. (NYSE: ARO) from a sector perform rating to an outperform rating. RBC Capital now has a $30.00 price target on the stock, up previously from $21.00.
Caris & Co. upgraded shares of Aeropostale, Inc. (NYSE: ARO) from an above average rating to a buy rating.
Needham & Company initiated coverage on shares of Arqule Inc. (NASDAQ: ARQL). They issued a buy rating on the stock and set a $11.00 price target.
Societe Generale upgraded shares of Barclays Capital (NYSE: BCS) from a hold rating to a buy rating.
Topeka Capital upgraded shares of Bunge Limited (NYSE: BG) from a hold rating to a buy rating.
Cowen downgraded shares of Cerner Corp (NASDAQ: CERN) from an outperform rating to a neutral rating.
Piper Jaffray upgraded shares of Chico's (NYSE: CHS) from a neutral rating to an overweight rating. Piper Jaffray now has a $22.00 price target on the stock.
Jefferies Group upgraded shares of Ciena Corp. (NASDAQ: CIEN) from an underperform rating to a hold rating.
Buckingham Research upgraded shares of Colgate-Palmolive Company (NYSE: CL) from a neutral rating to a buy rating. Buckingham Research now has a $120.00 price target on the stock.
Robert W. Baird upgraded shares of Con-way Inc. (NYSE: CNW) from a neutral rating to an outperform rating. Robert W. Baird now has a $43.00 price target on the stock, up previously from $42.00.
Piper Jaffray downgraded shares of Conceptus, Inc. (NASDAQ: CPTS) from an overweight rating to a neutral rating.
Canaccord Genuity initiated coverage on shares of Cirrus Logic, Inc. (NASDAQ: CRUS). They issued a buy rating on the stock and set a $35.00 price target.
Janney Montgomery Scott upgraded shares of Cash America (NYSE: CSH) from a neutral rating to a buy rating.
Piper Jaffray upgraded shares of Deere & Company (NYSE: DE) from a neutral rating to an overweight rating. Piper Jaffray now has a $93.00 price target on the stock.
Maxim Group upgraded shares of Dendreon Co. (NASDAQ: DNDN) from a sell rating to a hold rating.
Nomura reiterated its buy rating on shares of Dover Co. (NYSE: DOV).
Longbow Research downgraded shares of Electronic Arts Inc. (NYSE: EA) from a buy rating to a neutral rating.
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