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Equity Briefing: Upgrades and Downgrades for August 28th: OGZPY, ORLY, PCYC, PDH, PPBI, PSE, PWRD, SBH, SDRL


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:

Credit Suisse  downgraded shares of Gazprom OAO (NASDAQ: OGZPY) from an outperform rating to a neutral rating.

Zacks  reiterated its neutral rating on shares of O'Reilly Automotive, Inc. (NASDAQ: ORLY). They have a $91.00 price target on the stock. To view Zacks' full report, visit http://bit.ly/zacksreport.

RBC Capital  downgraded shares of Pharmacyclics, Inc. (NASDAQ: PCYC) from an outperform rating to a sector perform rating. Their analysts now have a $60.00 price target on the stock, up previously from $34.00.

Citigroup  downgraded shares of PetroLogistics LP (NYSE: PDH) from a buy rating to a neutral rating. Their analysts now have a $12.75 price target on the stock.

DA Davidson  initiated coverage on shares of Pacific Premier Bancorp, Inc. (NASDAQ: PPBI). They issued a buy rating on the stock and set a $12.00 price target.

UBS AG  downgraded shares of Pioneer Southwest Energy (NYSE: PSE) from a neutral rating to a sell rating. Their analysts now have a $24.00 price target on the stock.

Nomura  reiterated its neutral rating on shares of Perfect World Co Ltd (NASDAQ: PWRD).

JPMorgan Chase  initiated coverage on shares of Sally Beauty Holdings Inc (NYSE: SBH). They issued an overweight rating on the stock and set a $33.00 price target.

Caris & Co.  raised its price target on shares of Sally Beauty Holdings Inc (NYSE: SBH) from $31.00 to $32.00. They have a buy rating on the stock.

Natixis  upgraded shares of Seadrill Ltd (NASDAQ: SDRL) from a reduce rating to a hold rating.

Stifel Nicolaus  initiated coverage on shares of Toronto-Dominion Bank (NYSE: TD). They issued a hold rating on the stock.

Sidoti  initiated coverage on shares of Teradyne, Inc. (NYSE: TER). They issued a buy rating on the stock and set a $20.00 price target.

Nomura  reiterated its neutral rating on shares of Tiffany & Co. (NYSE: TIF).

Oppenheimer  reiterated its outperform rating on shares of Tower Semiconductor Ltd (NASDAQ: TSEM).

Canaccord Genuity  reiterated its buy rating on shares of Zalicus Inc (NASDAQ: ZLCS).

Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at http://bit.ly/arndailyr

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Source: Equity Briefing via Thomson Reuters ONE

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