Notable Analyst Rating Changes 08/21: (URBN) (NFLX) (JEF) Upgraded; (GRPN) (FOSL) (ABB) Downgraded
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UPGRADES
Urban Outfitters, Inc. (Nasdaq: URBN) raised by two firms Tuesday:
Rochdale Securities' Richard Bove upgrades Jefferies Group (NYSE: JEF) from Fairly Valued to Undervalued.
CapitalOne boosts REX Energy (Nasdaq: REXX) from Add to Strong Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Barclays downgrades Groupon, Inc. (Nasdaq: GRPN) from Equalweight to Underweight with a price target of $4.00 (from $15.00).
ISI Group trims Fossil (Nasdaq: FOSL) from Buy to Hold with a price target of $100.
Deutsche Bank lowers ABB Ltd (NYSE: ABB) from Hold to Sell. Click Here for more color.
Guggenheim cuts Diamond Offshore (NYSE: DO) from Buy to Neutral with a price target of $77.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Stifel Nicolaus resumes Corning (NYSE: GLW) at Buy and $15 price target.
Barclays initiates GNC Corp. (NYSE: GNC) with an Overweight and $47 target.
Mizuho Securities starts VMware (NYSE: VMW) with a Buy and $115 price target.
Raymond James begins Aruba Networks (Nasdaq: ARUN) with a Market Perform.
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Urban Outfitters, Inc. (Nasdaq: URBN) raised by two firms Tuesday:
- Brean Murray Carret & Co. from Sell to Hold. Click Here for more color.; and
- William Blair from Market Perform to Outperform.
Rochdale Securities' Richard Bove upgrades Jefferies Group (NYSE: JEF) from Fairly Valued to Undervalued.
CapitalOne boosts REX Energy (Nasdaq: REXX) from Add to Strong Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES
Barclays downgrades Groupon, Inc. (Nasdaq: GRPN) from Equalweight to Underweight with a price target of $4.00 (from $15.00).
ISI Group trims Fossil (Nasdaq: FOSL) from Buy to Hold with a price target of $100.
Deutsche Bank lowers ABB Ltd (NYSE: ABB) from Hold to Sell. Click Here for more color.
Guggenheim cuts Diamond Offshore (NYSE: DO) from Buy to Neutral with a price target of $77.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades
NEW COVERAGE
Stifel Nicolaus resumes Corning (NYSE: GLW) at Buy and $15 price target.
Barclays initiates GNC Corp. (NYSE: GNC) with an Overweight and $47 target.
Mizuho Securities starts VMware (NYSE: VMW) with a Buy and $115 price target.
Raymond James begins Aruba Networks (Nasdaq: ARUN) with a Market Perform.
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
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Stifel Nicolaus, Deutsche Bank, Brean Murray Carret & Co., William Blair, Raymond James, Jefferies & Co, Barclays, Richard Bove, Notable Analyst Rating Changes
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