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Equity Briefing: Upgrades and Downgrades for August 7th: LEAP, LEAP, LFL, LMNX, LSI, N, NGLS, NTAP, OIS, PCYC
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:
Robert W. Baird downgraded shares of Leap Wireless (NASDAQ: LEAP) from a neutral rating to an underperform rating. Their analysts now have a $3.00 price target on the stock, down previously from $6.00.
Hudson Square Research downgraded shares of Leap Wireless (NASDAQ: LEAP) from a buy rating to a hold rating. Their analysts now have a $5.00 price target on the stock, down previously from $15.00.
Bank of America downgraded shares of Lan Airlines S.A. (NYSE: LFL) from a neutral rating to an underperform rating.
Cowen upgraded shares of Luminex (NASDAQ: LMNX) from an underperform rating to a neutral rating.
Goldman Sachs upgraded shares of LSI Co. (NYSE: LSI) from a neutral rating to a buy rating. Goldman Sachs now has a $9.00 price target on the stock.
Nomura initiated coverage on shares of NetSuite Inc. (NYSE: N). They issued a neutral rating on the stock.
Robert W. Baird upgraded shares of Targa Resources Partners (NASDAQ: NGLS) from a neutral rating to an outperform rating. Robert W. Baird now has a $46.00 price target on the stock, up previously from $45.00.
UBS AG initiated coverage on shares of NetApp Inc. (NASDAQ: NTAP). They issued a buy rating on the stock and set a $45.00 price target.
Dahlman Rose initiated coverage on shares of Oil States International, Inc. (NYSE: OIS). They issued a buy rating on the stock and set a $99.00 price target.
Lazard Capital initiated coverage on shares of Pharmacyclics, Inc. (NASDAQ: PCYC). They issued a buy rating on the stock and set a $69.00 price target.
BMO Capital Markets downgraded shares of Children's Place Retail Stores, Inc. (NASDAQ: PLCE) from an outperform rating to a market perform rating.
Lazard Capital initiated coverage on shares of Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR). They issued a buy rating on the stock and set a $51.00 price target.
Lazard Capital initiated coverage on shares of Regeneron Pharms (NASDAQ: REGN). They issued a neutral rating on the stock.
Sterne Agee downgraded shares of Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) from a buy rating to a neutral rating.
Barclays Capital downgraded shares of RBC Capital (NYSE: RY) from an equal weight rating to an underweight rating.
Goldman Sachs downgraded shares of Sanmina-SCI Co. (NASDAQ: SANM) from a neutral rating to a sell rating. Their analysts now have a $8.00 price target on the stock.
Morgan Stanley downgraded shares of Smithfield Foods, Inc. (NYSE: SFD) from an equal weight rating to an underweight rating.
William Blair initiated coverage on shares of Solera Holdings, Inc. (NYSE: SLH). They issued a market perform rating on the stock.
Credit Suisse initiated coverage on shares of Splunk Inc (NASDAQ: SPLK). They issued an outperform rating on the stock and set a $40.00 price target.
Raymond James upgraded shares of Stantec Inc (NYSE: STN) from a market perform rating to an outperform rating. Raymond James now has a $36.00 price target on the stock, up previously from $32.00.
Stephens upgraded shares of Tyson Foods, Inc. (NYSE: TSN) from an equal weight rating to an overweight rating. Stephens now has a $19.00 price target on the stock, up previously from $14.00.
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