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:
Jefferies Group downgraded shares of Anglo American plc (NASDAQ: AAUKY) from a buy rating to a hold rating.
JPMorgan Chase downgraded shares of Autodesk (NASDAQ: ADSK) from an overweight rating to a neutral rating. Their analysts now have a $32.50 price target on the stock, down previously from $43.00.
Canaccord Genuity downgraded shares of Autodesk (NASDAQ: ADSK) from a buy rating to a hold rating. Their analysts now have a $32.00 price target on the stock, down previously from $47.00.
Bank of America downgraded shares of Autodesk (NASDAQ: ADSK) from a neutral rating to an underperform rating. Their analysts now have a $32.00 price target on the stock, down previously from $39.00.
Goldman Sachs reiterated its sell rating on shares of Autodesk (NASDAQ: ADSK).
Jefferies Group reiterated its buy rating on shares of Autodesk (NASDAQ: ADSK).
Avondale Partners initiated coverage on shares of Advent Software Inc (NASDAQ: ADVS). They issued an outperform rating on the stock and set a $28.00 price target.
Bank of America upgraded shares of American Eagle (NYSE: AEO) from an underperform rating to a neutral rating. Bank of America now has a $24.00 price target on the stock, up previously from $18.00.
ThinkEquity initiated coverage on shares of Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN). They issued a hold rating on the stock.
Needham & Company raised its price target on shares of Aruba Networks, Inc. (NASDAQ: ARUN) from $20.00 to $23.00. They have a buy rating on the stock.
HSBC upgraded shares of Braskem SA (NYSE: BAK) from a neutral rating to an overweight rating.
Nomura reiterated its buy rating on shares of Baidu.com, Inc. (NASDAQ: BIDU).
Benchmark Co. lowered its price target on shares of Big Lots, Inc. (NYSE: BIG) from $45.00 to $33.00. They have a hold rating on the stock.
Northcoast Research downgraded shares of Big Lots, Inc. (NYSE: BIG) from a buy rating to a neutral rating.
Gabelli upgraded shares of Black Hills Corp. (NYSE: BKH) from a hold rating to a buy rating.
Barclays Capital initiated coverage on shares of Biomarin Pharm (NASDAQ: BMRN). They issued an overweight rating on the stock and set a $46.00 price target.
Bank of America upgraded shares of Bristol Myers Squibb Co. (NYSE: BMY) from a neutral rating to a buy rating. Bank of America now has a $36.00 price target on the stock.
JPMorgan Chase downgraded shares of Bona Film Group (NASDAQ: BONA) from an overweight rating to a neutral rating.
UBS AG downgraded shares of Bio-Reference Laboratories, Inc. (NASDAQ: BRLI) from a buy rating to a neutral rating. Their analysts now have a $28.00 price target on the stock. They noted that the move was a valuation call.
Jefferies Group reiterated its buy rating on shares of China Unicom Hong Kong (NYSE: CHU).
Credit Suisse initiated coverage on shares of Campbell Soup Company (NYSE: CPB). They issued a neutral rating on the stock and set a $35.00 price target.
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
Content and Media Contact: [email protected]
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: Equity Briefing via Thomson Reuters ONE
HUG#1636212