Market Overview

Equity Briefing: Upgrades and Downgrades for August 24th: ACM, AN, ARUN, BIOS, BRCD, CMCSA, CRM, CTSH, DDR


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:

UBS AG  reiterated its buy rating on shares of AECOM Technology Co. (NYSE: ACM). They have a $300.00 price target on the stock.

Zacks  upgraded shares of Autonation Inc. (NYSE: AN) from a neutral rating to an outperform rating. Zacks now has a $48.00 price target on the stock. To view Zacks' full report, visit http://bit.ly/zacksreport.

Barclays Capital  reiterated its overweight rating on shares of Aruba Networks, Inc. (NASDAQ: ARUN).

Zacks  reiterated its neutral rating on shares of BioScrip Inc. (NASDAQ: BIOS). They have a $8.00 price target on the stock.

Cantor Fitzgerald  reiterated its buy rating on shares of Brocade Communications Systems, Inc. (NASDAQ: BRCD). They have a $7.00 price target on the stock, up previously from $6.00.

Zacks  reiterated its neutral rating on shares of Comcast Co. (NASDAQ: CMCSA). They have a $36.00 price target on the stock.

Barclays Capital  reiterated its overweight rating on shares of Salesforce.com (NYSE: CRM).

Zacks  reiterated its neutral rating on shares of Cognizant (NASDAQ: CTSH). They have a $68.00 price target on the stock.

Zacks  reiterated its neutral rating on shares of DDR Corp. (NYSE: DDR). They have a $16.00 price target on the stock.

Zacks  reiterated its neutral rating on shares of DISH (NASDAQ: DISH). They have a $34.00 price target on the stock.

Zacks  reiterated its neutral rating on shares of Dollar Financial Corp. (NASDAQ: DLLR). They have a $19.00 price target on the stock.

Zacks  reiterated its neutral rating on shares of DexCom Inc (NASDAQ: DXCM). They have a $13.00 price target on the stock.

Zacks  reiterated its neutral rating on shares of Enterprise Products Partners (NYSE: EPD). They have a $55.00 price target on the stock.

Standpoint Research  upgraded shares of Guess Inc (NYSE: GES) from a hold rating to a buy rating.

Zacks  reiterated its neutral rating on shares of Guess Inc (NYSE: GES). They have a $27.00 price target on the stock.

Stifel Nicolaus  raised its price target on shares of General Growth Properties, Inc (NYSE: GGP) from $20.00 to $21.00. They have a buy rating on the stock.

Bank of America  raised its price target on shares of Home Depot (NYSE: HD) from $60.00 to $70.00. They have a buy rating on the stock.

UBS AG  reiterated its buy rating on shares of H.J. Heinz Company (NYSE: HNZ).

Zacks  reiterated its neutral rating on shares of Hewlett-Packard (NYSE: HPQ). They have a $19.00 price target on the stock.

JPMorgan Chase  lowered its price target on shares of IBM (NYSE: IBM) from $218.00 to $215.00. They have an overweight rating on the stock.

Zacks  reiterated its neutral rating on shares of ITT Industries (NYSE: ITT). They have a $22.00 price target on the stock.

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Source: Equity Briefing via Thomson Reuters ONE

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