Equity Briefing: Upgrades and Downgrades for August 2nd: ALGT, ANF, ARO, BMY, CAVM, CBT, GILD, GMCR, KCG, KGC

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:

UBS AG  reiterated its buy rating on shares of Allegiant Travel ALGT.

UBS AG  downgraded shares of Abercrombie & Fitch ANF from a buy rating to a neutral rating.

Piper Jaffray  downgraded shares of Abercrombie & Fitch ANF from an overweight rating to a neutral rating. Their analysts now have a $28.00 price target on the stock.

SunTrust  downgraded shares of Aeropostale, Inc. ARO from a buy rating to a neutral rating.

Barclays Capital  downgraded shares of Bristol Myers Squibb Co. BMY from an overweight rating to an equalweight rating.

Jefferies Group  raised their EPS estimates on shares of Cavium Networks, Inc. CAVM. They now have a buy rating and a $37.00 price target on the stock.

JPMorgan Chase  initiated coverage on shares of Cabot Co. CBT. They issued a neutral rating on the stock and set a $41.00 price target.

Barclays Capital  upgraded shares of Gilead Sciences, Inc. GILD from an equalweight rating to an overweight rating.

KeyBanc  cut their EPS estimates on shares of Green Mountain Coffee Roasters Inc. GMCR. They now have a buy rating and a $36.00 price target on the stock.

Stifel Nicolaus  downgraded shares of Knight Capital Group Inc. KCG from a buy rating to a hold rating.

Stifel Nicolaus  downgraded shares of Kinross Gold Corp KGC from a buy rating to a hold rating.

Zacks  reiterated its neutral rating on shares of Northeast Utilities System NU. They have a $42.00 price target on the stock.

Zacks  reiterated its neutral rating on shares of Peet S Coffee & Tea  Inc PEET. They have a $79.00 price target on the stock.

Sidoti  upgraded shares of Gibraltar Industries, Inc. ROCK from a neutral rating to a buy rating.

Noble Financial  downgraded shares of Rofin-Sinar Technologies RSTI from a buy rating to a hold rating.

Sidoti  upgraded shares of Smart Balance Inc SMBL from a neutral rating to a buy rating.

Sidoti  downgraded shares of Stage Stores SSI from a buy rating to a neutral rating.

UBS AG  reiterated its buy rating on shares of Symantec SYMC.

CLSA  upgraded shares of Teradata Co. TDC from an outperform rating to a buy rating.

Imperial Capital  initiated coverage on shares of Triumph Group, Inc. TGI. They issued an outperform rating on the stock and set a $77.00 price target.

Zacks  reiterated its neutral rating on shares of Theravance, Inc. THRX. They have a $29.00 price target on the stock.

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