Notable Analyst Rating Changes 07/06: (SBH) Upgraded; (DECK) (INFA) (TOL) Downgraded
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UPGRADES
BofA/Merrill Lynch upgrades Sally Beauty Holdings (NYSE: SBH) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Longbow Research downgrades Deckers Outdoor (Nasdaq: DECK) from Buy to Neutral.
BofA/Merrill Lynch trims The Macerich Company (NYSE: MAC) from Buy to Neutral.
FBN Securities reduces Toll Bros. (NYSE: TOL) from Sector Perform to Underperform.
Raymond James lowers ADP (Nasdaq: ADP) from Strong Buy to Outperform.
Informatica (Nasdaq: INFA) cut by three today:
NEW COVERAGE
CIMB starts Qihoo 360 Technology (NYSE: QIHU) with a Outperform and $28 price target.
Pacific Crest initiates Teradyne (NYSE: TER) with a Sector Perform.
Wells Fargo assumes Limited Brands (NYSE: LTD) at Market Perform and valuation range of $44 - $47. Click Here for more color.
CIMB begins Baidu (Nasdaq: BIDU) with a Outperform rating and price target of $200.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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BofA/Merrill Lynch upgrades Sally Beauty Holdings (NYSE: SBH) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Longbow Research downgrades Deckers Outdoor (Nasdaq: DECK) from Buy to Neutral.
BofA/Merrill Lynch trims The Macerich Company (NYSE: MAC) from Buy to Neutral.
FBN Securities reduces Toll Bros. (NYSE: TOL) from Sector Perform to Underperform.
Raymond James lowers ADP (Nasdaq: ADP) from Strong Buy to Outperform.
Informatica (Nasdaq: INFA) cut by three today:
- BofA/Merrill Lynch from Buy to Underperform;
- Deutsche Bank from Buy to Hold with a price target of $35.00 (from $53.00). Click Here for more color; and
- Jefferies from Buy to Hold with a price target of $36.00 (from $54.00).
NEW COVERAGE
CIMB starts Qihoo 360 Technology (NYSE: QIHU) with a Outperform and $28 price target.
Pacific Crest initiates Teradyne (NYSE: TER) with a Sector Perform.
Wells Fargo assumes Limited Brands (NYSE: LTD) at Market Perform and valuation range of $44 - $47. Click Here for more color.
CIMB begins Baidu (Nasdaq: BIDU) with a Outperform rating and price target of $200.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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Deutsche Bank, Raymond James, Jefferies & Co, Merrill Lynch, Bank of America, Longbow Research, Pacific Crest Securities, Notable Analyst Rating Changes, Wells Fargo
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