Equity Briefing: Upgrades and Downgrades for July 30th: NQ, NWL, OII, PACB, PDH, PEET, PETM, PHM, PSX, RGC, RI

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/arndailyr) and Equity Briefing:

Canaccord Genuity  reiterated its buy rating on shares of NetQin Mobile NQ.

Morgan Stanley  downgraded shares of Newell Rubbermaid NWL from an overweight rating to an equal weight rating.

Dahlman Rose  raised its price target on shares of Oceaneering International OII from $59.00 to $62.00. They have a buy rating on the stock.

Morgan Stanley  downgraded shares of Pacific Biosciences of California PACB from an equal weight rating to an underweight rating.

Citigroup  upgraded shares of PetroLogistics LP PDH from a neutral rating to a buy rating.

KeyBanc  downgraded shares of Peet S Coffee & Tea  Inc PEET from a buy rating to a hold rating.

Nomura  downgraded shares of Petsmart  Inc PETM from a buy rating to a neutral rating. They noted that the move was a valuation call.

Citigroup  downgraded shares of PulteGroup, Inc. PHM from a buy rating to a neutral rating.

Barclays Capital  upgraded shares of Phillips 66 PSX from an equalweight rating to an overweight rating.

Barrington Research  upgraded shares of Regal Entertainment RGC from a market perform rating to an outperform rating. Barrington Research now has a $18.00 price target on the stock.

Axiom Securities  initiated coverage on shares of Rio Tinto RIO. They issued a sell rating on the stock and set a $33.00 price target.

Susquehanna  upgraded shares of SAIC, Inc. SAI from a negative rating to a neutral rating.

ThinkEquity  downgraded shares of Salix Pharmaceuticals, Ltd. SLXP from a buy rating to a hold rating.

Susquehanna  downgraded shares of Salix Pharmaceuticals, Ltd. SLXP from a positive rating to a neutral rating.

Cantor Fitzgerald  downgraded shares of Salix Pharmaceuticals, Ltd. SLXP from a buy rating to a hold rating. Their analysts now have a $59.00 price target on the stock, down previously from $61.00.

HSBC  upgraded shares of Siliconware Precisio SPIL from a neutral rating to an overweight rating.

ING Group  downgraded shares of Syngenta AG SYT from a hold rating to a sell rating.

BB&T  downgraded shares of Teledyne Technologies Incorporated TDY from a buy rating to a hold rating.

JPMorgan Chase  upgraded shares of Domtar Corp. UFS from a neutral rating to an overweight rating. JPMorgan Chase now has a $83.00 price target on the stock.

Standpoint Research  initiated coverage on shares of URS Co. URS. They issued a buy rating on the stock and set a $44.00 price target.

Deutsche Bank  initiated coverage on shares of Vodafone VOD. They issued a buy rating on the stock.

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/arndailyr