Close

Notable Analyst Rating Changes 08/20: (ROST) (PB) (STO) Upgraded; (STEM) (STX) (PCYC) Downgraded

August 20, 2012 10:57 AM EDT
UPGRADES
BofA/Merrill Lynch upgrades Ross Stores, Inc. (Nasdaq: ROST) from Neutral to Buy.

BMO Capital raises Prosperity Bancshares (NYSE: PB) from Market Perform to Outperform, moving its price target up $1 to $48.

RBC Capital boosts call on Statoil ASA (NYSE: STO) from Sector Perform to Top Pick.

ISI Group lifts Gap, Inc. (NYSE: GPS) from Sell to Hold with a price target of $38.

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

DOWNGRADES
Roth Capital trims StemCells (Nasdaq: STEM) from Buy to Neutral, lowering its price target from $5 down to $1.80.

Stifel Nicolaus downgrades Seagate Technology (Nasdaq: STX) from Buy to Hold.

Roth Capital lowers Pharmacyclics (Nasdaq: PCYC) from Buy to Neutral with a price target of $57.

Janney Montgomery Scott reduces Capital Source (NYSE: CSE) from Buy to Neutral with a price target of $8.

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

NEW COVERAGE
E2open (Nasdaq: EOPN) started by several firms Monday:
  • Pacific Crest with a Outperform and $16 target;

  • Canaccord Genuity at Buy and $15 target. Click Here for more color;

  • William Blair with a Outperform; and

  • Needham & Company at Buy and $18 target. Click Here for more color.
Longbow Research initiates Microsoft (Nasdaq: MSFT) with a Buy and $36 target.

Chuy's Holdings (Nasdaq: CHUY) stared by several firms:
  • Jefferies with a Hold and $19 target. Click Here for more color;

  • KeyBanc at Hold;

  • Raymond James at Market Perform; and

  • Baird with a Outperform and $24 target.
Hyperion Therapeutics (Nasdaq: HPTX) started by three today:
  • Cowen with an Outperform;

  • Needham & Company at Buy and $15 target. Click Here for more color; and

  • Leerink Swann at Outperform and $18 target. Click Here for more color.
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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Stifel, William Blair, KeyBanc, Raymond James, Jefferies & Co, Robert W Baird, Needham & Company, BMO Capital, Roth Capital, RBC Capital, Janney Montgomery Scott, Longbow Research, Pacific Crest Securities, Notable Analyst Rating Changes, Cowen & Co, Canaccord Genuity