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:
Canaccord Genuity reiterated its buy rating on shares of NetQin Mobile (NYSE: NQ).
Morgan Stanley downgraded shares of Newell Rubbermaid (NYSE: NWL) from an overweight rating to an equal weight rating.
Dahlman Rose raised its price target on shares of Oceaneering International (NYSE: OII) from $59.00 to $62.00. They have a buy rating on the stock.
Morgan Stanley downgraded shares of Pacific Biosciences of California (NASDAQ: PACB) from an equal weight rating to an underweight rating.
Citigroup upgraded shares of PetroLogistics LP (NYSE: PDH) from a neutral rating to a buy rating.
KeyBanc downgraded shares of Peet S Coffee & Tea Inc (NASDAQ: PEET) from a buy rating to a hold rating.
Nomura downgraded shares of Petsmart Inc (NASDAQ: PETM) from a buy rating to a neutral rating. They noted that the move was a valuation call.
Citigroup downgraded shares of PulteGroup, Inc. (NYSE: PHM) from a buy rating to a neutral rating.
Barclays Capital upgraded shares of Phillips 66 (NYSE: PSX) from an equalweight rating to an overweight rating.
Barrington Research upgraded shares of Regal Entertainment (NYSE: RGC) from a market perform rating to an outperform rating. Barrington Research now has a $18.00 price target on the stock.
Axiom Securities initiated coverage on shares of Rio Tinto (NYSE: RIO). They issued a sell rating on the stock and set a $33.00 price target.
Susquehanna upgraded shares of SAIC, Inc. (NYSE: SAI) from a negative rating to a neutral rating.
ThinkEquity downgraded shares of Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP) from a buy rating to a hold rating.
Susquehanna downgraded shares of Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP) from a positive rating to a neutral rating.
Cantor Fitzgerald downgraded shares of Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP) from a buy rating to a hold rating. Their analysts now have a $59.00 price target on the stock, down previously from $61.00.
HSBC upgraded shares of Siliconware Precisio (NASDAQ: SPIL) from a neutral rating to an overweight rating.
ING Group downgraded shares of Syngenta AG (NYSE: SYT) from a hold rating to a sell rating.
BB&T downgraded shares of Teledyne Technologies Incorporated (NYSE: TDY) from a buy rating to a hold rating.
JPMorgan Chase upgraded shares of Domtar Corp. (NYSE: UFS) from a neutral rating to an overweight rating. JPMorgan Chase now has a $83.00 price target on the stock.
Standpoint Research initiated coverage on shares of URS Co. (NYSE: URS). They issued a buy rating on the stock and set a $44.00 price target.
Deutsche Bank initiated coverage on shares of Vodafone (NYSE: VOD). They issued a buy rating on the stock.
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