A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/equitybriefdaily) and Equity Brief:
JPMorgan Chase reiterated its underweight rating on shares of Anglo American (AAL). They have a $26.95 price target on the stock.
UBS AG downgraded shares of Anglo American plc (AAUKY) from a buy rating to a neutral rating.
Credit Suisse upgraded shares of Access Midstream Partners LP (ACMP) from a neutral rating to an outperform rating. Credit Suisse now has a $41.00 price target on the stock.
Janney Montgomery Scott downgraded shares of Adobe Systems (ADBE) from a buy rating to a neutral rating.
JMP Securities upgraded shares of Adobe Systems (ADBE) from an underperform rating to an outperform rating. JMP Securities now has a $42.00 price target on the stock, up previously from $26.00.
JPMorgan Chase initiated coverage on shares of ADTRAN, Inc. (ADTN). They issued a neutral rating on the stock and set a $19.00 price target.
SunTrust initiated coverage on shares of Albemarle Co. (ALB). They issued a buy rating on the stock and set a $70.00 price target.
Needham & Company initiated coverage on shares of Angie's List (ANGI). They issued a buy rating on the stock and set a $13.00 price target.
SunTrust initiated coverage on shares of Ashland Inc. (ASH). They issued a buy rating on the stock and set a $95.00 price target.
Pacific Crest downgraded shares of ASML Holding (ASML) from an outperform rating to a sector perform rating.
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