Equity Briefing: Upgrades and Downgrades for July 17th: ACI, ACW, ADC, AEM, ALNY, ALTE, ALU, AMTD, AMZN, AOL |
| Tuesday, July 17, 2012 |
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Vancouver, BC, July 17, 2012 - (ACN Newswire) - A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:
CRT Capital downgraded shares of Arch Coal, Inc. (NYSE: ACI) from a buy rating to a fair value rating.Their analysts now have a $7.00 price target on the stock. Credit Suisse initiated coverage on shares of Accuride Corp (NYSE: ACW). They issued a neutral rating on the stock and set a $6.00 price target. Compass Point initiated coverage on shares of Agree Realty Corp (NYSE: ADC). They issued a buy rating on the stock and set a $28.00 price target. Raymond James downgraded shares of Agnico-Eagle Mines Limited (NYSE: AEM) from an outperform rating to a market perform rating. Leerink Swann initiated coverage on shares of Alnylam Pharma (NASDAQ: ALNY). They issued an outperform rating on the stock. Macquarie upgraded shares of Alterra Capital Holdings Ltd. (NASDAQ: ALTE) from a neutral rating to an outperform rating. DeutscheBank downgraded shares of Alcatel Lucent (NYSE: ALU) from a buy rating to a hold rating. Wells Fargo & Co. reiterated its outperform rating on shares of TD Ameritrade (NASDAQ: AMTD). Lazard Capital initiated coverage on shares of Amazon.com, Inc. (NASDAQ: AMZN). They issued a buy rating on the stock and set a $240.00 price target. Evercore Partners initiated coverage on shares of AOL (NYSE: AOL). They issued an equal weight rating on the stock. Morgan Stanley upgraded shares of Aeropostale, Inc. (NYSE: ARO) from an underweight rating to an equalweight rating. Barrington Research initiated coverage on shares of Belden (NYSE: BDC). They issued an outperform rating on the stock and set a $40.00 price target. RBC Capital initiated coverage on shares of Boyd Gaming (NYSE: BYD). They issued a sector perform rating on the stock. Canaccord Genuity upgraded shares of Continental Resources, Inc. (NYSE: CLR) from a hold rating to a buy rating. Citigroup upgraded shares ofChipotle Mexican Grill, Inc. (NYSE: CMG) from a neutral rating to a buy rating. Citigroup now has a $490.00 price target on the stock. Barrington Research downgraded shares of Cintas (NASDAQ: CTAS) from an outperform rating to a market perform rating. Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at http://bit.ly/arndaily This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Equity Briefing via Thomson Reuters ONE Copyright (c) Thomson Reuters 2012. All rights reserved. Copyright 2012 ACN Newswire. All rights reserved. |