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 Brief:
Monness, Crespi, Hardt initiated coverage on shares of Hewlett-Packard (NYSE: HPQ). They issued a neutral rating on the stock.
JPMorgan Chase downgraded shares of Hubbell Inc B (NASDAQ: HUB.B) from an overweight rating to a neutral rating.
Jefferies Group upgraded shares of ICON plc (NASDAQ: ICLR) from a hold rating to a buy rating. Jefferies Group now has a $29.00 price target on the stock, up previously from $24.00.
Sterne Agee downgraded shares of ICON plc (NASDAQ: ICLR) from a buy rating to a neutral rating. Their analysts now have a $26.00 price target on the stock.
Deutsche Bank downgraded shares of Infineon Technologies AG (NASDAQ: IFNNY) from a buy rating to a hold rating.
Natixis Bleichroeder downgraded shares of Infineon Technologies AG (NASDAQ: IFNNY) from a buy rating to a neutral rating.
Deutsche Bank downgraded shares of International Paper Company (NYSE: IP) from a buy rating to a hold rating. Their analysts now have a $39.00 price target on the stock.
RBC Capital upgraded shares of Kraft Foods Inc. (NYSE: KFT) from a sector perform rating to an outperform rating. RBC Capital now has a $44.00 price target on the stock, up previously from $42.00.
KeyBanc upgraded shares of Koppers Holdings (NYSE: KOP) from a hold rating to a buy rating. KeyBanc now has a $45.00 price target on the stock.
Deutsche Bank downgraded shares of KapStone Paper and Packaging (NYSE: KS) from a buy rating to a hold rating.
Lazard Capital upgraded shares of Moodys Corporation (NYSE: MCO) from a neutral rating to a buy rating. Lazard Capital now has a $52.00 price target on the stock.
Stephens upgraded shares of Martin Marietta Materials, Inc. (NYSE: MLM) from an equal weight rating to an overweight rating.
Canaccord Genuity reiterated its buy rating on shares of Mylan Inc. (NYSE: MYL).
Wells Fargo & Co. upgraded shares of NextEra Energy, Inc. (NYSE: NEE) from a market perform rating to an outperform rating.
Goldman Sachs upgraded shares of NRG Energy, Inc. (NYSE: NRG) from a neutral rating to a buy rating. Goldman Sachs now has a $25.00 price target on the stock.
Monness, Crespi, Hardt initiated coverage on shares of NetApp Inc. (NASDAQ: NTAP). They issued a neutral rating on the stock.
Dahlman Rose initiated coverage on shares of PetroLogistics LP (NYSE: PDH). They issued a buy rating on the stock and set a $16.00 price target.
Goldman Sachs downgraded shares of Koninklijke Philips Electronics ADR (NYSE: PHG) from a buy rating to a neutral rating.
Deutsche Bank downgraded shares of Packaging Co. of America (NYSE: PKG) from a buy rating to a hold rating.
Oppenheimer upgraded shares of PNC Financial Services (NYSE: PNC) from a perform rating to an outperform rating. Oppenheimer now has a $75.00 price target on the stock.
Jefferies Group upgraded shares of PPG (NYSE: PPG) from a hold rating to a buy rating. Jefferies Group now has a $135.00 price target on the stock, up previously from $117.00.
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