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Notable Analyst Rating Changes 08/02: (SOHU) (IPG) (LVS) Upgraded; (WMT) (TEVA) (SLE) Downgraded

August 2, 2011 10:49 AM EDT
UPGRADES
Sohu.com (Nasdaq: SOHU) upgraded by two firms today:
  • Credit Suisse from Neutral to Outperform with a price target of $109.60 (from $101.60); and

  • Nomura Securities from Reduce to Neutral, its price target moves from $64 to $85.
Morgan Stanley lifts Interpublic Group (NYSE: IPG) from Equal Weight to Overweight.

Kaufman Bros. raises TriQuint Semiconductor (Nasdaq: TQNT) from Hold to Buy with a price target of $9.00. Click Here for more color.

Argus upgrades Las Vegas Sands (NYSE: LVS) from Hold to Buy, and set a price target of $58.00. Click Here for more color.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Jefferies reduces Wal-Mart (NYSE: WMT) from Buy to Hold with a price target of $56 (from $61). Click Here for more color.

Oppenheimer downgrades Teva Pharma (Nasdaq: TEVA) from Outperform to Perform.

Bernstein lowers Sara Lee (NYSE: SLE) from Outperform to Market Perform with a price target of $20.00.

ISI Group cuts Illinois Tool Works (NYSE: ITW) from Buy to Hold, its price target raised from $54 to $62.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Wells Fargo initiates Constellation Energy (NYSE: CEG) with a Market Perform, and valuation range of $43 to $44. Click Here for more color.

Vanguard Health Systems (NYSE: VHS) started by three firms today:
  • Citi with a Buy, and $19.00 price target;

  • Leerink Swann at Outperform; and

  • BofA/Merrill Lynch with a Buy, and $22 price target.
Citi begins TravelCenters of America (NYSE: TA) at Buy, with a price target of $8.00.

Janney Capital starts shares of Mitek Systems (Nasdaq: MITK) with a Buy rating and $18.00 price target.

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Credit Suisse, Kaufman Bros., Citi, Morgan Stanley, Jefferies & Co, Argus, Nomura, Notable Analyst Rating Changes, Vanguard, Wells Fargo