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Equity Briefing: Upgrades and Downgrades for August 22nd: LVS, MDCO, MDT, NGLS, NGNM, OFC, P, PBTH, PCS

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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:

Nomura  reiterated its buy rating on shares of Las Vegas Sands Corp. (NYSE: LVS).

Bank of America  initiated coverage on shares of The Medicines Compan (NASDAQ: MDCO). They issued a neutral rating on the stock and set a $29.00 price target.

Jefferies Group  reiterated its hold rating on shares of Medtronic, Inc. (NYSE: MDT). They have a $43.00 price target on the stock.

UBS AG  initiated coverage on shares of Targa Resources Partners (NASDAQ: NGLS). They issued a buy rating on the stock and set a $45.00 price target.

Craig Hallum  initiated coverage on shares of NeoGenomics, Inc. (NASDAQ: NGNM). They issued a buy rating on the stock and set a $5.00 price target.

Jefferies Group  reiterated its hold rating on shares of Corp Office Props (NYSE: OFC).

Albert Fried & Company  reiterated its overweight rating on shares of Pandora Media (NYSE: P).

Jefferies Group  initiated coverage on shares of Prolor Biotech Inc. (NASDAQ: PBTH). They issued a buy rating on the stock and set a $8.00 price target.

Nomura  reiterated its neutral rating on shares of MetroPCS (NYSE: PCS).

JPMorgan Chase  upgraded shares of Roche Holding Ltd. (NASDAQ: RHHBY) from a neutral rating to an overweight rating.

Evercore Partners  downgraded shares of Republic Airways Holdings Inc. (NASDAQ: RJET) from an overweight rating to an equal weight rating.

Canaccord Genuity  reiterated its buy rating on shares of Steven Madden, Ltd. (NASDAQ: SHOO).

Goldman Sachs  reiterated its sell rating on shares of Tech Data Corporation (NASDAQ: TECD).

UBS AG  initiated coverage on shares of Targa Resources Investments Inc (NASDAQ: TRGP). They issued a buy rating on the stock and set a $57.00 price target.

Lazard Capital  downgraded shares of Trina Solar (NYSE: TSL) from a buy rating to a hold rating.

Sanford C. Bernstein  downgraded shares of TIM Participacoes SA (NYSE: TSU) from an outperform rating to a market perform rating.

Sanford C. Bernstein  downgraded shares of Vivo Participacoes SA (NYSE: VIV) from a market perform rating to an underperform rating.

Goldman Sachs  reiterated its buy rating on shares of Williams Sonoma Inc (NYSE: WSM). They have a $46.00 price target on the stock, up previously from $42.00.

Canaccord Genuity  reiterated its buy rating on shares of Williams Sonoma Inc (NYSE: WSM). They noted that the move was a valuation call.

JMP Securities  initiated coverage on shares of Yelp (NASDAQ: YELP). They issued a market perform rating on the stock and set a $19.00 price target. They noted that the move was a valuation call.

JMP Securities  initiated coverage on shares of Zynga Inc. (NASDAQ: ZNGA). They issued an outperform rating on the stock and set a $4.50 price target.

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Content and Media Contact: newseditor@equitybriefing.com







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Source: Equity Briefing via Thomson Reuters ONE

HUG#1635616

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