Varie
Equity Briefing: Upgrades and Downgrades for August 2nd: AGP, AGU, AMGN, ANF, AVGO, AWI, CERN, CMCSA, DRYS, DV
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:
Citigroup downgraded shares of AMERIGROUP Co. (NYSE: AGP) from a buy rating to a neutral rating.
Dahlman Rose downgraded shares of Agrium (NYSE: AGU) from a buy rating to a hold rating.
Argus downgraded shares of Amgen, Inc. (NASDAQ: AMGN) from a buy rating to a hold rating.
Robert W. Baird downgraded shares of Abercrombie & Fitch (NYSE: ANF) from an outperform rating to a neutral rating. Their analysts now have a $32.00 price target on the stock, down previously from $55.00.
Caris & Co. downgraded shares of Abercrombie & Fitch (NYSE: ANF) from a buy rating to an average rating.
Goldman Sachs initiated coverage on shares of Avago Technologies (NASDAQ: AVGO). They issued a neutral rating on the stock.
RBC Capital downgraded shares of Armstrong World Industries (NYSE: AWI) from a top pick rating to a sector perform rating.
Leerink Swann downgraded shares of Cerner Corp (NASDAQ: CERN) from an outperform rating to a market perform rating.
Nomura reiterated its buy rating on shares of Comcast Co. (NASDAQ: CMCSA).
Deutsche Bank downgraded shares of DryShips Inc. (NASDAQ: DRYS) from a buy rating to a hold rating.
Macquarie downgraded shares of Devon Energy Co. (NYSE: DVN) from an outperform rating to a neutral rating.
UBS AG initiated coverage on shares of Embraer (NYSE: ERJ). They issued a buy rating on the stock.
Stifel Nicolaus initiated coverage on shares of Exar (NASDAQ: EXAR). They issued a buy rating on the stock and set a $12.00 price target.
HSBC downgraded shares of Fresenius Medical (NYSE: FMS) from an overweight rating to a neutral rating.
Cantor Fitzgerald upgraded shares of First Solar, Inc. (NASDAQ: FSLR) from a hold rating to a buy rating. Cantor Fitzgerald now has a $23.00 price target on the stock.
Robert W. Baird upgraded shares of First Solar, Inc. (NASDAQ: FSLR) from a neutral rating to an outperform rating. Robert W. Baird now has a $30.00 price target on the stock, up previously from $25.00.
ThinkEquity upgraded shares of First Solar, Inc. (NASDAQ: FSLR) from a sell rating to a hold rating.
Gabelli upgraded shares of Frontier Communications (NYSE: FTR) from a hold rating to a buy rating.
Global Hunter Securities initiated coverage on shares of Gold Resource Co. (NASDAQ: GORO). They issued an accumulate rating on the stock and set a $22.00 price target.
Wedbush upgraded shares of Garmin Ltd. (NASDAQ: GRMN) from a neutral rating to an outperform rating.
Longbow Research downgraded shares of Harley-Davidson, Inc. (NYSE: HOG) from a buy rating to a neutral rating.
Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at http://bit.ly/arndailyr
Copyright Thomson Reuters
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: %s via Thomson Reuters ONE