Equity Briefing: Upgrades and Downgrades for August 9th: SRPT, STX, SWRAY, SXC, THS, TOL, TRMB, TTM, TX, UA

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:

WBB Securities  initiated coverage on shares of Sarepta Therapeutic SRPT. They issued a hold rating on the stock and set a $8.00 price target.

Lazard Capital  initiated coverage on shares of Seagate STX. They issued a buy rating on the stock and set a $38.00 price target.

Nomura  initiated coverage on shares of Swire Pacific Ltd. SWRAY. They issued a reduce rating on the stock.

Oppenheimer  reiterated its outperform rating on shares of Suncoke Energy Inc SXC. They have a $19.00 price target on the stock, up previously from $18.00.

SunTrust  downgraded shares of TreeHouse Foods Inc. THS from a buy rating to a neutral rating.

Stephens  downgraded shares of TreeHouse Foods Inc. THS from an overweight rating to an equal weight rating. Their analysts now have a $54.00 price target on the stock.

JPMorgan Chase  downgraded shares of Toll Brothers, Inc. TOL from a neutral rating to an underweight rating. Their analysts now have a $31.50 price target on the stock, up previously from $30.00.

Lazard Capital  initiated coverage on shares of Trimble Navigation TRMB. They issued a buy rating on the stock and set a $58.00 price target.

Credit Suisse  downgraded shares of Tata Motors TTM from a neutral rating to an underperform rating.

HSBC  initiated coverage on shares of Ternium S.A. TX. They issued an overweight rating on the stock.

Sterne Agee  reiterated its buy rating on shares of Under Armour, Inc. UA. They have a $64.00 price target on the stock.

Goldman Sachs  initiated coverage on shares of Ulta Salon, Cosmetics & Fragrance, Inc. ULTA. They issued a buy rating on the stock and set a $105.00 price target.

Sanford C. Bernstein  downgraded shares of United Microelectronics Corp UMC from a market perform rating to an underperform rating.

Needham & Company  upgraded shares of Warner Chilcott WCRX from a hold rating to a buy rating. Needham & Company now has a $20.00 price target on the stock.

Lazard Capital  initiated coverage on shares of Western Digital WDC. They issued a buy rating on the stock and set a $50.00 price target.

Deutsche Bank  downgraded shares of Boingo Wireless Inc WIFI from a buy rating to a hold rating. Their analysts now have a $8.00 price target on the stock, down previously from $13.00.

Canaccord Genuity  reiterated its hold rating on shares of XOMA Corp. XOMA.

Global Hunter Securities  downgraded shares of Crosstex Energy LP XTEX from an accumulate rating to a neutral rating.

Raymond James  upgraded shares of Yadkin Valley Financial Corp. YAVY from an underperform rating to a market perform rating.

Oppenheimer  reiterated its outperform rating on shares of Zogenix ZGNX. They have a $30.00 price target on the stock, up previously from $4.00.

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