Equity Briefing: Upgrades and Downgrades for July 17th: LTD, LVS, MCK, NASDAQ:, NOK, PCAR, PL, PRU, QNST
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:
Robert W. Baird upgraded shares of Limited Brands (NYSE: LTD) from a neutral rating to an outperform rating. Robert W. Baird now has a $54.00 price target on the stock, up previously from $50.00.
Susquehanna upgraded shares of Las Vegas Sands Corp. (NYSE: LVS) from a neutral rating to a positive rating.
JMP Securities initiated coverage on shares of McKesson Co. (NYSE: MCK). They issued an outperform rating on the stock.
Jefferies Group downgraded shares of Nokia Co. (NYSE: NOK) from a hold rating to an underperform rating.
Bank of America downgraded shares of PACCAR (NASDAQ: PCAR) from a buy rating to a neutral rating.
Raymond James downgraded shares of Protective Life Corp. (NYSE: PL) from a strong-buy rating to an outperform rating.
Raymond James upgraded shares of Prudential Financial, Inc. (NYSE: PRU) from an outperform rating to a strong-buy rating.
Bank of America downgraded shares of Quinstreet Incorporated (NASDAQ: QNST) from a neutral rating to an underperform rating.
Bank of America upgraded shares of ReachLocal Inc. (NASDAQ: RLOC) from an underperform rating to a buy rating.
Barclays Capital lowered its price target on shares of RadioShack (NYSE: RSH) from $6.00 to $3.00.
Credit Suisse raised its price target on shares of Sprint Nextel (NYSE: S) from $4.00 to $6.00.
JPMorgan Chase lowered its price target on shares of Starbucks (NASDAQ: SBUX) from $61.00 to $58.00. They have an overweight rating on the stock.
Wunderlich downgraded shares of Scana Corporation (NYSE: SCG) from a buy rating to a hold rating. Their analysts now havea $49.00 price target on the stock.
Stephens downgraded shares of Smithfield Foods, Inc. (NYSE: SFD) from an overweight rating to an equal weight rating.
Barclays Capital downgraded shares of Questar Co. (NYSE: STR) from an overweight rating to an equal weight rating.
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Source: Equity Briefing via Thomson Reuters ONE
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