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Equity Briefing: Upgrades and Downgrades for July 23rd: GDI, GDI, GEN, HXL, ILMN, IMAX, KBH, KGC, LGND, LHO, L

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:Janney Montgomery Scott downgraded shares of Gardner Denver (NYSE: GDI) from a buy rating to a neutral rating.Credit Suisse upgraded shares of Gardner...

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:

Janney Montgomery Scott downgraded shares of Gardner Denver (NYSE: GDI) from a buy rating to a neutral rating.

Credit Suisse upgraded shares of Gardner Denver (NYSE: GDI) from a neutral rating to an outperform rating.

Macquarie upgraded shares of RRI Energy, Inc. (NYSE: GEN) from a neutral rating to an outperform rating.

RBC Capital downgraded shares of Hexcel Co. (NYSE: HXL) from an outperform rating to a sector perform rating.

Leerink Swann upgraded shares of Illumina, Inc. (NASDAQ: ILMN) from a market perform rating to an outperform rating.

Goldman Sachs initiated coverage on shares of Imax Corporation (NASDAQ: IMAX). They issued a buy rating on the stock.

Goldman Sachs upgraded shares of KB Home (NYSE: KBH) from a neutral rating to a buy rating.

Macquarie downgraded shares of Kinross Gold Corp (NYSE: KGC) from an outperform rating to a neutral rating.

Cantor Fitzgerald raised its price target on shares of Ligand Pharmaceutica (NASDAQ: LGND) from $19.00 to $24.00. They have a buy rating on the stock.

Goldman Sachs downgraded shares of LaSalle Hotel Properties (NYSE: LHO) from a buy rating to a neutral rating.

Leerink Swann upgraded shares of Luminex (NASDAQ: LMNX) from a market perform rating to an outperform rating.

Citigroup upgraded shares of The Mosaic Company (NYSE: MOS) from a neutral rating to a buy rating. Citigroup now has a $66.00 price target on the stock, up previously from $62.00.

Tudor Pickering initiated coverage on shares of Marathon Petroleum (NYSE: MPC). They issued a buy rating on the stock.

Barclays Capital upgraded shares of NRG Energy, Inc. (NYSE: NRG) from an equalweight rating to an overweight rating.

Goldman Sachs downgraded shares of NVR, Inc. (NYSE: NVR) from a neutral rating to a sell rating.

Sanford C. Bernstein downgraded shares of Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) from an outperform rating to a market perform rating.

Deutsche Bank reiterated its buy rating on shares of Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX).

Jefferies Group upgraded shares of Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) from a hold rating to a buy rating.

KeyBanc downgraded shares of Penn National Gaming (NASDAQ: PENN) from a buy rating to a hold rating.

B. Riley downgraded shares of Pervasive Software Incorporated (NASDAQ: PVSW) from a buy rating to a neutral rating.

Leerink Swann initiated coverage on shares of Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR). They issued an outperform rating on the stock.

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