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:
Monness, Crespi, Hardt initiated coverage on shares of Hewlett-Packard HPQ. They issued a neutral rating on the stock.
JPMorgan Chase downgraded shares of Hubbell Inc B HUB from an overweight rating to a neutral rating.
Jefferies Group upgraded shares of ICON plc ICLR from a hold rating to a buy rating. Jefferies Group now has a $29.00 price target on the stock, up previously from $24.00.
Sterne Agee downgraded shares of ICON plc ICLR from a buy rating to a neutral rating. Their analysts now have a $26.00 price target on the stock.
Deutsche Bank downgraded shares of Infineon Technologies AG IFNNY from a buy rating to a hold rating.
Natixis Bleichroeder downgraded shares of Infineon Technologies AG IFNNY from a buy rating to a neutral rating.
Deutsche Bank downgraded shares of International Paper Company IP from a buy rating to a hold rating. Their analysts now have a $39.00 price target on the stock.
RBC Capital upgraded shares of Kraft Foods Inc. KFT from a sector perform rating to an outperform rating. RBC Capital now has a $44.00 price target on the stock, up previously from $42.00.
KeyBanc upgraded shares of Koppers Holdings KOP from a hold rating to a buy rating. KeyBanc now has a $45.00 price target on the stock.
Deutsche Bank downgraded shares of KapStone Paper and Packaging KS from a buy rating to a hold rating.
Lazard Capital upgraded shares of Moodys Corporation MCO from a neutral rating to a buy rating. Lazard Capital now has a $52.00 price target on the stock.
Stephens upgraded shares of Martin Marietta Materials, Inc. MLM from an equal weight rating to an overweight rating.
Canaccord Genuity reiterated its buy rating on shares of Mylan Inc. MYL.
Wells Fargo & Co. upgraded shares of NextEra Energy, Inc. NEE from a market perform rating to an outperform rating.
Goldman Sachs upgraded shares of NRG Energy, Inc. NRG from a neutral rating to a buy rating. Goldman Sachs now has a $25.00 price target on the stock.
Monness, Crespi, Hardt initiated coverage on shares of NetApp Inc. NTAP. They issued a neutral rating on the stock.
Dahlman Rose initiated coverage on shares of PetroLogistics LP PDH. They issued a buy rating on the stock and set a $16.00 price target.
Goldman Sachs downgraded shares of Koninklijke Philips Electronics ADR PHG from a buy rating to a neutral rating.
Deutsche Bank downgraded shares of Packaging Co. of America PKG from a buy rating to a hold rating.
Oppenheimer upgraded shares of PNC Financial Services PNC from a perform rating to an outperform rating. Oppenheimer now has a $75.00 price target on the stock.
Jefferies Group upgraded shares of PPG PPG from a hold rating to a buy rating. Jefferies Group now has a $135.00 price target on the stock, up previously from $117.00.
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