Equity Briefing: Upgrades and Downgrades for August 27th: FDS, GMED, INTC, IRG, JAZZ, KEG, LYB, MOS, MRTN

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:

William Blair  initiated coverage on shares of FactSet FDS. They issued a market perform rating on the stock.

William Blair  initiated coverage on shares of Globus Medical Inc GMED. They issued an outperform rating on the stock.

Sterne Agee  lowered its price target on shares of Intel INTC from $25.00 to $24.00. They have a neutral rating on the stock.

KeyBanc  downgraded shares of Ignite Restaurant Group Inc IRG from a buy rating to a hold rating.

WallachBeth  initiated coverage on shares of Jazz Pharmaceuticals, Inc. JAZZ. They issued a buy rating on the stock and set a $63.00 price target.

SunTrust  upgraded shares of Key Energy KEG from a neutral rating to a buy rating. SunTrust now has a $12.00 price target on the stock.

UBS AG  downgraded shares of LyondellBasell LYB from a buy rating to a neutral rating. Their analysts now have a $51.00 price target on the stock, up previously from $49.00. They noted that the move was a valuation call.

Topeka Capital  initiated coverage on shares of The Mosaic Company MOS. They issued a hold rating on the stock.

Wunderlich  upgraded shares of Marten Transport, Ltd MRTN from a hold rating to a buy rating. Wunderlich now has a $23.00 price target on the stock, up previously from $20.00.

Susquehanna  upgraded shares of Madison Square Garden, Inc. MSG from a negative rating to a neutral rating. Susquehanna now has a $39.00 price target on the stock, up previously from $28.00.

Ladenburg Thalmann  initiated coverage on shares of New York Mortgage Trust, Inc. NYMT. They issued a buy rating on the stock and set a $7.50 price target.

Benchmark Co.  raised its price target on shares of OpenTable Inc OPEN from $45.00 to $49.00. They have a buy rating on the stock.

Canaccord Genuity  reiterated its hold rating on shares of Universal Display Co. PANL.

FBR Capital  downgraded shares of Public Service Enterprise Group Inc. PEG from a market perform rating to an underperform rating. Their analysts now have a $30.00 price target on the stock.

Jefferies Group  upgraded shares of Rue21 RUE from a hold rating to a buy rating. Jefferies Group now has a $40.00 price target on the stock, up previously from $32.00.

Jefferies Group  reiterated its buy rating on shares of China Petroleum and Chemical SNP.

Chardan Capital  downgraded shares of Spreadtrum Comms SPRD from a buy rating to a neutral rating. Their analysts now have a $20.00 price target on the stock.

ThinkEquity  initiated coverage on shares of Sarepta Therapeutic SRPT. They issued a buy rating on the stock.

Citigroup  upgraded shares of TreeHouse Foods Inc. THS from a neutral rating to a buy rating. Citigroup now has a $61.00 price target on the stock, up previously from $56.00.

UBS AG  downgraded shares of Westlake Chemical Corp WLK from a neutral rating to a sell rating. Their analysts now have a $61.00 price target on the stock, up previously from $54.00.

BMO Capital Markets  upgraded shares of Weyerhaeuser WY from an underperform rating to a market perform rating.

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