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Equity Briefing: Upgrades and Downgrades for July 17th: TGT, UNF, VIAB, WERN, WFC, WY


July 17, 2012 - Vancouver

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

Citigroup downgraded shares of Target Corp. (NYSE: TGT) from a buy rating to a neutral rating. Their analysts now have a $68.00 price target on the stock.

Robert W. Baird downgraded shares of Unifirst Corp (NYSE: UNF) from an outperform rating to a neutral rating. Their analysts now have a $73.00 price target on the stock, up previously from $72.00. They noted that the move was a valuation call.

Bank of America downgraded shares of Viacom, Inc. (NASDAQ: VIAB) from a buy rating to a neutral rating. Their analysts now have a $54.00 price target on the stock.

Sterne Agee downgraded sharesof Werner Enterprises, Inc. (NASDAQ: WERN) from a buy rating to a neutral rating.

Compass Point raised its price target on shares of Wells Fargo & Co. (NYSE: WFC) from $39.00 to $41.00. They have a buy rating on the stock.

BMO Capital Markets downgraded shares of Weyerhaeuser (NYSE: WY) from a market perform rating to an underperform rating.

RBC Capital initiated coverage on shares of Wynn Resorts, Limited (NASDAQ: WYNN). They issued an outperform rating on the stock.

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Source: Equity Briefing via Thomson Reuters ONE

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