Notable Analyst Rating Changes 08/21: (URBN) (NFLX) (JEF) Upgraded; (GRPN) (FOSL) (ABB) Downgraded

August 21, 2012 10:10 AM EDT
UPGRADES
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.
Caris & Co. raises Netflix (Nasdaq: NFLX) from Below Average to Average with a price target of $59.

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.


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

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Stifel, Deutsche Bank, Brean Murray Carret & Co., William Blair, Raymond James, Jefferies & Co, Barclays, Richard Bove, Notable Analyst Rating Changes