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Equity Briefing: Upgrades and Downgrades for July 31st: ALLT, APC, ARW, CRUS, DNDN, ENS, GPI, HSC, HUM, LOGM,


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:

Northland Securities  upgraded shares of Allot Communications Ltd. (NASDAQ: ALLT) from a market perform rating to an outperform rating. Northland Securities now has a $30.00 price target on the stock, up previously from $28.00.

Oppenheimer  reiterated its outperform rating on shares of Anadarko Petroleum (NYSE: APC).

Stifel Nicolaus  lowered its price target on shares of Arrow Electronics, Inc. (NYSE: ARW) from $48.00 to $45.00. They have a buy rating on the stock.

Stifel Nicolaus  raised its price target on shares of Cirrus Logic, Inc. (NASDAQ: CRUS) to $45.00.

Canaccord Genuity  raised its price target on shares of Cirrus Logic, Inc. (NASDAQ: CRUS) from $35.00 to $43.00.

Lazard Capital  downgraded shares of Dendreon Co. (NASDAQ: DNDN) from a neutral rating to a sell rating.

Needham & Company  downgraded shares of EnerSys (NYSE: ENS) from a buy rating to a hold rating.

Morgan Stanley  raised their EPS estimates on shares of Group 1 Automotive, Inc. (NYSE: GPI). They now have an underweight rating and a $46.00 price target on the stock. They previously had issued a $40.00 price target. They noted that the company is realizing better margins.

Buckingham Research  downgraded shares of Harsco Co. (NYSE: HSC) from a buy rating to a neutral rating.

Oppenheimer  reiterated its outperform rating on shares of Humana (NYSE: HUM).

Piper Jaffray  lowered its price target on shares of LogMeIn Inc (NASDAQ: LOGM) to $35.00.

Cowen  downgraded shares of LogMeIn Inc (NASDAQ: LOGM) from an outperform rating to a neutral rating.

JPMorgan Chase  upgraded shares of Mizuho Financial Gro (NYSE: MFG) from a neutral rating to an overweight rating.

UBS AG  reiterated its neutral rating on shares of MicroStrategy Incorporated (NASDAQ: MSTR).

Imperial Capital  initiated coverage on shares of Precision Castparts (NYSE: PCP). They issued an outperform rating on the stock and set a $190.00 price target.

Gabelli  downgraded shares of RPC, Inc (NYSE: RES) from a buy rating to a hold rating.

Bank of America  lowered its price target on shares of Seagate (NYSE: STX) to $31.00. They have a neutral rating on the stock.

Zacks  reiterated its neutral rating on shares of Terex Co. (NYSE: TEX). They have a $20.00 price target on the stock.

Zacks  reiterated its outperform rating on shares of VistaPrint (NASDAQ: VPRT). They have a $41.00 price target on the stock.

Bank of America  lowered its price target on shares of Vertex Pharmaceuticals (NASDAQ: VRTX) from $71.00 to $66.00.

Credit Suisse  cut their EPS estimates on shares of Weight Watchers International, Inc. (NYSE: WTW). They now have an outperform rating and a $82.00 price target on the stock.

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Source: Equity Briefing via Thomson Reuters ONE

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