Equity Brief: Ratings Changes for November 27th: AAWW, ABX, ACOM, ALKS, AMRN, ANF, ANGI, ARAY

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/equitybriefdaily) and Equity Brief:

RBC Capital downgraded shares of Atlas Air Worldwide Holdings, Inc. AAWW from an outperform rating to a sector perform rating. Their analysts now have a $45.00 price target on the stock, down previously from $55.00.

Zacks upgraded shares of Barrick Gold Corp ABX from an underperform rating to a neutral rating. Zacks now has a $37.00 price target on the stock.

Benchmark Co. downgraded shares of Ancestry.com Inc ACOM from a buy rating to a hold rating.

Cantor Fitzgerald downgraded shares of Ancestry.com Inc ACOM from a buy rating to a hold rating.

Morgan Stanley initiated coverage on shares of Alkermes Inc. ALKS. They issued an equal weight rating on the stock.

Citigroup initiated coverage on shares of Amarin Co. plc AMRN. They issued a buy rating on the stock and set a $20.00 price target.

JPMorgan Chase raised its price target on shares of Abercrombie & Fitch (ANF) from $35.00 to $48.00. They have a neutral rating on the stock. They wrote, "After setting low enough expectations, ANF stepped over their low sales bar with a "less-worse" -3% comp decline and better-than-expected gross margins. With concerns over brand equity and the company's inability to stabilize comps heading into the print, shares saw a significant short squeeze and although we believe estimates will likely continue to increase and current levels may continue to prove attractive, we are choosing to remain sidelined as we await topline consistency around international trends (particularly in Europe), which represent 30% of sales and 30%-40% of operating profits and clarity around the turn."

Northland Securities initiated coverage on shares of Angie's List (ANGI). They issued an outperform rating on the stock and set a $15.00 price target.

Zacks downgraded shares of Accuray Incorporated (ARAY) from a neutral rating to an underperform rating. Their analysts now have a $6.00 price target on the stock.

RBC Capital downgraded shares of Alexandria Real Estate Equities, Inc. (ARE) from an outperform rating to a sector perform rating. Their analysts now have a $68.00 price target on the stock, down previously from $77.00.

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