Equity Briefing: Upgrades and Downgrades for August 20th: ORCL, PB, PCYC, PEG, PSA, RDA, RDNT, REPYY, RES

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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:

Longbow Research  initiated coverage on shares of Oracle ORCL. They issued a buy rating on the stock and set a $36.00 price target.

BMO Capital Markets  upgraded shares of Prosperity Bancshares, Inc. PB from a market perform rating to an outperform rating. BMO Capital Markets now has a $48.00 price target on the stock.

Roth Capital  downgraded shares of Pharmacyclics, Inc. PCYC from a buy rating to a neutral rating.

Morgan Stanley  downgraded shares of Public Service Enterprise Group Inc. PEG from an equal weight rating to an underweight rating. Their analysts now have a $31.00 price target on the stock, down previously from $34.00.

RBC Capital  downgraded shares of Public Storage PSA from a sector perform rating to an underperform rating. Their analysts now have a $139.00 price target on the stock, up previously from $134.00.

UBS AG  downgraded shares of Rda Microelectronics Inc RDA from a buy rating to a neutral rating. Their analysts now have a $11.00 price target on the stock, down previously from $15.00.

Jefferies Group  reiterated its hold rating on shares of Radnet Incorporated RDNT.

RBC Capital  downgraded shares of Repsol REPYY from a top pick rating to a sector perform rating. Their analysts now have a $16.00 price target on the stock.

Iberia  upgraded shares of RPC, Inc RES from a sector perform rating to an outperform rating.

Bank of America  upgraded shares of Ross Stores, Inc. ROST from a neutral rating to a buy rating. Bank of America now has a $80.00 price target on the stock, up previously from $68.00.

Canaccord Genuity  reiterated its hold rating on shares of SandRidge Energy Inc. SD.

Roth Capital  downgraded shares of Stemcells  Inc STEM from a buy rating to a neutral rating. Their analysts now have a $1.80 price target on the stock, down previously from $5.00.

RBC Capital  upgraded shares of Statoil STO from a sector perform rating to a top pick rating. RBC Capital now has a $175.00 price target on the stock, up previously from $160.00.

Stifel Nicolaus  downgraded shares of Seagate STX from a buy rating to a hold rating.

Longbow Research  initiated coverage on shares of SolarWinds, Inc. SWI. They issued a neutral rating on the stock.

Barclays Capital  downgraded shares of Stanley Black & Decker Inc SWK from an overweight rating to an equal weight rating. Their analysts now have a $75.00 price target on the stock.

Canaccord Genuity  reiterated its hold rating on shares of Southwestern Energy SWN.

Sanford C. Bernstein  downgraded shares of Telefonica SA TEF from a market perform rating to an underperform rating.

JPMorgan Chase  downgraded shares of Telecom Italia TI from an overweight rating to a neutral rating.

Raymond James  downgraded shares of Toro TTC from an outperform rating to a market perform rating.

Brean Murray  reiterated its sell rating on shares of Urban Outfitters, Inc. URBN.

Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at http://bit.ly/arndailyr

Content and Media Contact: newseditor@equitybriefing.com





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Source: Equity Briefing via Thomson Reuters ONE

HUG#1635018
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