AndhraNews.net
Home » Business News » 2012 » July » July 24, 2012

Equity Briefing: Upgrades and Downgrades for July 23rd: AAPL, CKSW, DWA, GEN, HES, HSNI, JCI, JCP, LIFE, LINTA


July 24, 2012 -

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:
Sterne Agee reiterated its buy rating on shares of Apple, Inc (NASDAQ: AAPL). They have a $780.00 price target on the stock.
Maxim Group upgraded shares of ClickSoftware Technologies Ltd. (NASDAQ: CKSW) from a hold rating to a buy rating. Maxim Group now has a $8.50 price target on the stock, up previously from $8.00.
Janney Montgomery Scott reiterated its sell rating on shares of DreamWorks Animation (NYSE: DWA).
UBS AGÂ upgraded shares of RRI Energy, Inc. (NYSE: GEN) from a neutral rating to a buy rating.
Barclays Capital upgraded shares of RRI Energy, Inc. (NYSE: GEN) from an equalweight rating to an overweight rating.
Standpoint Research initiated coverage on shares of Hess Corp (NYSE: HES). They issued a buy rating on the stock and set a $60.00 price target.
Wells Fargo & Co. initiated coverage on shares of HSN, Inc. (NASDAQ: HSNI). They issued a positive rating on the stock.
Morgan Stanley cut their EPS estimates on shares of Johnson Controls, Inc. (NYSE: JCI). They now have an overweight rating and a $38.00 price target on the stock. They previously had issued a $42.00 price target.
Oppenheimer initiated coverage on shares of J.C. Penney Company, Inc. (NYSE: JCP). They issued an outperform rating on the stock.
Citigroup lowered its price target on shares of Life Technologies Corporation (NASDAQ: LIFE) to $55.00.
Wells Fargo & Co. initiated coverage on shares of Liberty Media Corp (NASDAQ: LINTA). They issued a market perform rating on the stock.
Zacks reiterated its neutral rating on shares of L-3 Communications (NYSE: LLL). They have a $76.00 price target on the stock.
Bank of America reiterated its buy rating on shares of NRG Energy, Inc. (NYSE: NRG).
Canaccord Genuity downgraded shares of Nexen Inc. (NYSE: NXY) from a buy rating to a sell rating.
Macquarie downgraded shares of Nexen Inc. (NYSE: NXY) from an outperform rating to a neutral rating.
Maxim Group raised its price target on shares of Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) from $75.00 to $92.00. They have a buy rating on the stock.
Zacks reiterated its neutral rating on shares of Prudential Financial, Inc. (NYSE: PRU). They have a $49.00 price target on the stock.
UBS AGÂ reiterated its buy rating on shares of Silicon Laboratories (NASDAQ: SLAB).
UBS AGÂ reiterated its buy rating on shares of Schlumberger (NYSE: SLB).
Brean Murray initiated coverage on shares of Unit Co. (NYSE: UNT). They issued a buy rating on the stock.
Janney Montgomery Scott reiterated its neutral rating on shares of Viacom, Inc. (NASDAQ: VIAB).
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




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#1629006

Copyright 2012 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

ACN Newswire

Comment on this story

Share