Equity Briefing: Upgrades and Downgrades for August 28th: OGZPY, ORLY, PCYC, PDH, PPBI, PSE, PWRD, SBH, SDRL

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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:

Credit Suisse  downgraded shares of Gazprom OAO OGZPY from an outperform rating to a neutral rating.

Zacks  reiterated its neutral rating on shares of O'Reilly Automotive, Inc. ORLY. They have a $91.00 price target on the stock. To view Zacks' full report, visit http://bit.ly/zacksreport.

RBC Capital  downgraded shares of Pharmacyclics, Inc. PCYC from an outperform rating to a sector perform rating. Their analysts now have a $60.00 price target on the stock, up previously from $34.00.

Citigroup  downgraded shares of PetroLogistics LP PDH from a buy rating to a neutral rating. Their analysts now have a $12.75 price target on the stock.

DA Davidson  initiated coverage on shares of Pacific Premier Bancorp, Inc. PPBI. They issued a buy rating on the stock and set a $12.00 price target.

UBS AG  downgraded shares of Pioneer Southwest Energy PSE from a neutral rating to a sell rating. Their analysts now have a $24.00 price target on the stock.

Nomura  reiterated its neutral rating on shares of Perfect World Co Ltd PWRD.

JPMorgan Chase  initiated coverage on shares of Sally Beauty Holdings Inc SBH. They issued an overweight rating on the stock and set a $33.00 price target.

Caris & Co.  raised its price target on shares of Sally Beauty Holdings Inc SBH from $31.00 to $32.00. They have a buy rating on the stock.

Natixis  upgraded shares of Seadrill Ltd SDRL from a reduce rating to a hold rating.

Stifel Nicolaus  initiated coverage on shares of Toronto-Dominion Bank TD. They issued a hold rating on the stock.

Sidoti  initiated coverage on shares of Teradyne, Inc. TER. They issued a buy rating on the stock and set a $20.00 price target.

Nomura  reiterated its neutral rating on shares of Tiffany & Co. TIF.

Oppenheimer  reiterated its outperform rating on shares of Tower Semiconductor Ltd TSEM.

Canaccord Genuity  reiterated its buy rating on shares of Zalicus Inc ZLCS.

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

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