Notable Analyst Rating Changes 07/02: (JPM) (ZQK) (STX) Upgraded; (ABX) (PFE) (CACI) Downgraded

July 2, 2013 10:52 AM EDT
UPGRADES
Raymond James upgrades JPMorgan (NYSE: JPM) from Outperform to Strong Buy, moving its price target from $55 to $64

B. Riley boosts Quiksilver (NYSE: ZQK) from Neutral to Buy, adjusting its price target from $6.70 to $9.25.

Barclays lifts Seagate Technology (Nasdaq: STX) from Underweight to Equalweight.

Goldman Sachs moves Syngenta (NYSE: SYT) from Buy to Conviction Buy. Click Here for more color.

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

DOWNGRADES
Jefferies cuts Barrick Gold (NYSE: ABX) from Buy to Hold with a price target of $14. Click Here for more color.

Standpoint Research trims Pfizer (NYSE: PFE) from Hold to Sell with a price target of $24. Click Here for more color.

RBC Capital downgrades CACI International (NYSE: CACI) from Sector Perform to Underperform, moving its price target from $56 to $58.

Raymond James lowers DaVita (NYSE: DVA) from Outperform to Market Perform.

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

NEW COVERAGE
Global Brass and Copper Holdings, Inc. (NYSE: BRSS) started by several firms today:
  • William Blair at Outperform. Click Here for more color;

  • Morgan Stanley with a Overweight and $20 price target;

  • KeyBanc at Hold. Click Here for more color; and

  • Goldman Sachs with a Buy rating and a price target of $20. Click Here for more color.

Wunderlich Securities starts Groupon, Inc. (Nasdaq: GRPN) with a Buy and $11 price target.

Morgan Stanley begins Avago Technologies (Nasdaq: AVGO) with a Overweight and price target of $45.

Argus initiates Blackhawk Network (Nasdaq: HAWK) with a Buy and price target of $28.

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William Blair, JPMorgan, KeyBanc, Raymond James, Morgan Stanley, Jefferies & Co, RBC Capital, B. Riley, Barclays, Argus, Notable Analyst Rating Changes, Wunderlich Securities, Standpoint Research