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Equity Brief: Upgrades and Downgrades for September 12th: RCI, RENN, SKYW, SMP, SNTS, SOHU, SPF, SRPT, SUN


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:

Bank of America  upgraded shares of Rogers Communications Inc. (NYSE: RCI) from a neutral rating to a buy rating.

Citigroup  initiated coverage on shares of Renren Inc. (NASDAQ: RENN). They issued a sell rating on the stock and set a $2.94 price target.

Dahlman Rose  upgraded shares of SkyWest, Inc. (NASDAQ: SKYW) from a sell rating to a hold rating.

Bank of America  initiated coverage on shares of Standard Motor Produ (NYSE: SMP). They issued a buy rating on the stock and set a $23.00 price target.

Stifel Nicolaus  raised its price target on shares of Santarus (NASDAQ: SNTS) from $8.00 to $11.00. They have a buy rating on the stock.

Citigroup  initiated coverage on shares of Sohu.Com Inc. (NASDAQ: SOHU). They issued a buy rating on the stock and set a $63.70 price target.

UBS AG  downgraded shares of Standard Pacific Corp (NYSE: SPF) from a buy rating to a neutral rating. Their analysts now have a $7.00 price target on the stock.

WBB Securities  downgraded shares of Sarepta Therapeutic (NASDAQ: SRPT) from a hold rating to a sell rating. Their analysts now have a $9.00 price target on the stock, up previously from $8.00.

Morgan Stanley  downgraded shares of Sunoco, Inc. (NYSE: SUN) from an overweight rating to an equal weight rating.

Needham & Company  downgraded shares of Synaptics (NASDAQ: SYNA) from a buy rating to a hold rating. Their analysts now have a $31.00 price target on the stock.

Canaccord Genuity  raised its price target on shares of United Natural Foods, Inc. (NASDAQ: UNFI) from $58.00 to $63.00. They have a buy rating on the stock.

Oppenheimer  raised its price target on shares of Visa Inc. (NYSE: V) from $140.00 to $150.00. They have an outperform rating on the stock.

Pacific Crest  initiated coverage on shares of Visa Inc. (NYSE: V). They issued an outperform rating on the stock and set a $150.00 price target.

Morgan Stanley  upgraded shares of Valero Energy Co. (NYSE: VLO) from an equalweight rating to an overweight rating. Morgan Stanley now has a $46.00 price target on the stock.

Nomura  downgraded shares of Vodafone Group plc (LON: VOD) from a buy rating to a neutral rating. Their analysts now have a $3.15 price target on the stock.

Citigroup  initiated coverage on shares of Youku.com Inc (NASDAQ: YOKU). They issued a buy rating on the stock and set a $36.00 price target.

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Source: Equity Brief via Thomson Reuters ONE

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