Equity Briefing: Upgrades and Downgrades for July 17th: LTD, LVS, MCK, NASDAQ:, NOK, PCAR, PL, PRU, QNST |
| 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:
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. 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. |