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Equity Briefing: Analysts' Upgrades and Downgrades for Friday, July 13th: SIGM, SKS, THOR, TITN, TJX, TSS, TWGP, UBNT, VIVEF, VMW, VRX, WLL, WNC
A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:
UBS AG downgraded shares of Sigma Designs Inc. (SIGM) from a neutral rating to a sell rating.
Bank of America downgraded shares of Saks Inc (SKS) from a neutral rating to an underperform rating.
Goldman Sachs upgraded shares of Thoratec (thor) from a neutral rating to a buy rating. Goldman Sachs now has a $45.00 price target on the stock, up previously from $34.00.
Northcoast Research initiated coverage on shares of Titan Machinery (TITN). They issued a buy rating on the stock.
Zacks reiterated its neutral rating on shares of TJX Companies Inc (TJX). They have a $46.00 price target on the stock.
Barclays Capital downgraded shares of Total System Services, Inc. (TSS) from an overweight rating to an equalweight rating. Their analysts now have a $26.00 price target on the stock. They noted that the move was a valuation call.
Zacks reiterated its neutral rating on shares of Tower Group Inc. (TWGP). They have a $22.00 price target on the stock.
Capstone initiated coverage on shares of Ubiquiti Networks (UBNT). They issued a buy rating on the stock and set a $18.00 price target.
BNP Paribas upgraded shares of VIVENDI ORD (VIVEF) from an underperform rating to a neutral rating.
UBS AG cut their EPS estimates on shares of VMware, Inc. (VMW). They now have a buy rating and a $125.00 price target on the stock.
Goldman Sachs initiated coverage on shares of Valeant Pharmaceuticals (VRX). They issued a neutral rating on the stock.
Macquarie upgraded shares of Whiting Petroleum Co. (WLL) from a neutral rating to an outperform rating.
FBR Capital initiated coverage on shares of Wabash National Co. (WNC). They issued an outperform rating on the stock and set a $9.00 price target.
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