Market Overview

Equity Brief: Upgrades and Downgrades for September 4th: GIS, GME, GS, HUM, IBM, INFA, IR, LLTC, MANU, MDVN


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 Brief:

JPMorgan Chase  downgraded shares of General Mills (NYSE: GIS) from an overweight rating to a neutral rating. Their analysts now have a $40.00 price target on the stock, down previously from $43.00.

Goldman Sachs  upgraded shares of GameStop Corp (NYSE: GME) from a neutral rating to a buy rating. Goldman Sachs now has a $25.00 price target on the stock, up previously from $20.00.

Credit Agricole  upgraded shares of Goldman Sachs (NYSE: GS) from an outperform rating to a buy rating. Credit Agricole now has a $142.00 price target on the stock, up previously from $111.00.

JPMorgan Chase  downgraded shares of Goldman Sachs (NYSE: GS) from a neutral rating to an underweight rating. Their analysts now have a $107.00 price target on the stock.

Leerink Swann  upgraded shares of Humana (NYSE: HUM) from a market perform rating to an outperform rating.

Barclays Capital  upgraded shares of IBM (NYSE: IBM) from an equalweight rating to an overweight rating. Barclays Capital now has a $240.00 price target on the stock, up previously from $208.00.

Robert W. Baird  upgraded shares of Informatica Co. (NASDAQ: INFA) from a neutral rating to an outperform rating. Robert W. Baird now has a $40.00 price target on the stock, up previously from $38.00.

Evercore Partners  upgraded shares of Informatica Co. (NASDAQ: INFA) from an equal weight rating to an overweight rating.

Bank of America  downgraded shares of Ingersoll-Rand (NYSE: IR) from a buy rating to a neutral rating. Their analysts now have a $48.00 price target on the stock. They noted that the move was a valuation call.

Susquehanna  downgraded shares of Linear Technology Co. (NASDAQ: LLTC) from a positive rating to a neutral rating. Their analysts now have a $36.00 price target on the stock.

JPMorgan Chase  initiated coverage on shares of Manchester United PLC (NASDAQ: MANU). They issued an overweight rating on the stock and set a $17.00 price target.

Deutsche Bank  initiated coverage on shares of Manchester United PLC (NASDAQ: MANU). They issued a buy rating on the stock and set a $17.00 price target.

Jefferies Group  initiated coverage on shares of Manchester United PLC (NASDAQ: MANU). They issued a buy rating on the stock and set a $20.00 price target.

Credit Suisse  initiated coverage on shares of Manchester United PLC (NASDAQ: MANU). They issued an outperform rating on the stock and set a $18.00 price target.

Nomura  initiated coverage on shares of Manchester United PLC (NASDAQ: MANU). They issued a neutral rating on the stock and set a $13.00 price target.

Jefferies Group  reiterated its buy rating on shares of Medivation Inc (NASDAQ: MDVN). They have a $122.00 price target on the stock, up previously from $113.00.

Brean Murray  raised its price target on shares of Medivation Inc (NASDAQ: MDVN) from $105.00 to $125.00. They have a buy rating on the stock.

Deutsche Bank  initiated coverage on shares of Mellanox Technologies, Ltd. (NASDAQ: MLNX). They issued a buy rating on the stock and set a $140.00 price target.

Piper Jaffray  downgraded shares of Monolithic Power Systems  Inc (NASDAQ: MPWR) from an overweight rating to a neutral rating.

Nomura  upgraded shares of Marvell Technology Group (NASDAQ: MRVL) from a reduce rating to a neutral rating. Nomura now has a $11.00 price target on the stock.

Credit Suisse  upgraded shares of Medicis Pharmaceutic (NYSE: MRX) from an underperform rating to a neutral rating.

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