Equity Briefing: Upgrades and Downgrades for August 10th: ROSE, RVM, SMI, SNY, SOHU, SPIL, SPRD, SSNC, SUBCY

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:

Global Hunter Securities  downgraded shares of Rosetta Resources Inc. ROSE from a buy rating to an accumulate rating. Their analysts now have a $52.00 price target on the stock, down previously from $63.00.

Global Hunter Securities  downgraded shares of Revett Minerals Inc RVM from a buy rating to an accumulate rating. Their analysts now have a $5.50 price target on the stock, down previously from $6.00.

HSBC  upgraded shares of Semiconductor Manufacturing Int'l SMI from a neutral rating to an overweight rating. HSBC now has a $2.35 price target on the stock, down previously from $2.70.

Cowen  upgraded shares of Sanofi-Aventis SNY from a neutral rating to an outperform rating.

UBS AG  downgraded shares of Sohu.Com Inc. SOHU from a buy rating to a neutral rating.

Sanford C. Bernstein  upgraded shares of Siliconware Precisio SPIL from a market perform rating to an outperform rating.

Bank of America  downgraded shares of Spreadtrum Comms SPRD from a neutral rating to an underperform rating. Their analysts now have a $15.50 price target on the stock.

Jefferies Group  downgraded shares of SS&C Technologies Holdings, Inc. SSNC from a buy rating to a hold rating. Their analysts now have a $25.00 price target on the stock.

RBC Capital  downgraded shares of Subsea 7 SA SUBCY from an outperform rating to a sector perform rating.

BMO Capital Markets  upgraded shares of Tim Hortons Inc. THI from a market perform rating to an outperform rating. BMO Capital Markets now has a $59.00 price target on the stock.

Credit Suisse  downgraded shares of Teekay Co. TK from an outperform rating to a neutral rating. Their analysts now have a $34.00 price target on the stock, up previously from $32.00.

Hilliard Lyons  downgraded shares of Tower Financial Co. TOFC from a buy rating to a neutral rating.

Bank of America  downgraded shares of Tessera Technologies TSRA from a neutral rating to an underperform rating.

UBS AG  downgraded shares of Ubiquiti Networks UBNT from a buy rating to a neutral rating. Their analysts now have a $11.00 price target on the stock, down previously from $40.00.

Deutsche Bank  downgraded shares of Ubiquiti Networks UBNT from a buy rating to a hold rating. Their analysts now have a $12.00 price target on the stock, down previously from $30.00.

Wunderlich  lowered its price target on shares of Ubiquiti Networks UBNT from $30.00 to $20.00. They have a buy rating on the stock.

Wedbush  downgraded shares of Ubiquiti Networks UBNT from an outperform rating to a neutral rating. Their analysts now have a $8.00 price target on the stock, down previously from $17.00.

Capstone  downgraded shares of Ubiquiti Networks UBNT from a buy rating to a hold rating. Their analysts now have a $15.00 price target on the stock, down previously from $18.00.

Pacific Crest  downgraded shares of Ubiquiti Networks UBNT from an outperform rating to a sector perform rating.

Barrington Research  downgraded shares of Viacom, Inc. VIAB from an outperform rating to a market perform rating.

Robert W. Baird  downgraded shares of Verisign, Inc. VRSN from an outperform rating to a neutral rating. Their analysts now have a $47.00 price target on the stock, up previously from $43.00. They noted that the move was a valuation call.

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