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Equity Briefing: Upgrades and Downgrades for August 30th: KGFHY, KLAC, LPX, MAKO, MHR, NRP, NXY, OILT, ONCY

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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:

Citigroup  upgraded shares of Kingfisher plc (NASDAQ: KGFHY) from a neutral rating to a buy rating.

Susquehanna  downgraded shares of KLA-Tencor (NASDAQ: KLAC) from a positive rating to a neutral rating. Their analysts now have a $52.00 price target on the stock, down previously from $62.00.

Bank of America  upgraded shares of Louisiana-Pacific Co. (NYSE: LPX) from a neutral rating to a buy rating. Bank of America now has a $16.00 price target on the stock, up previously from $9.00.

Deutsche Bank  downgraded shares of Louisiana-Pacific Co. (NYSE: LPX) from a buy rating to a hold rating. Their analysts now have a $14.00 price target on the stock, up previously from $12.00.

Dougherty & Co  downgraded shares of MAKO Surgical (NASDAQ: MAKO) from a buy rating to a neutral rating. Their analysts now have a $18.00 price target on the stock.

Goldman Sachs  initiated coverage on shares of Magnum Hunter (NYSE: MHR). They issued a neutral rating on the stock.

Dahlman Rose  initiated coverage on shares of Natural Resource (NYSE: NRP). They issued a hold rating on the stock.

Barclays Capital  downgraded shares of Nexen Inc. (NYSE: NXY) from an overweight rating to an equal weight rating. Their analysts now have a $27.00 price target on the stock, up previously from $24.00.

Bank of America  downgraded shares of Oiltanking Partners (NASDAQ: OILT) from a buy rating to a neutral rating.

Stifel Nicolaus  initiated coverage on shares of Oncolytics Biotech, Inc. (NASDAQ: ONCY). They issued a buy rating on the stock and set a $6.00 price target.

SunTrust  upgraded shares of Pandora Media (NYSE: P) from a neutral rating to a buy rating.

Canaccord Genuity  upgraded shares of Pandora Media (NYSE: P) from a hold rating to a buy rating. Canaccord Genuity now has a $16.00 price target on the stock, up previously from $13.00.

Longbow Research  initiated coverage on shares of Pegasystems Inc. (NASDAQ: PEGA). They issued a neutral rating on the stock.

Stifel Nicolaus  initiated coverage on shares of Progenics Pharmaceuticals, Inc. (NASDAQ: PGNX). They issued a hold rating on the stock.

JPMorgan Chase  initiated coverage on shares of QR Energy LP (NYSE: QRE). They issued an overweight rating on the stock and set a $21.00 price target.

Longbow Research  initiated coverage on shares of Red Hat (NYSE: RHT). They issued a neutral rating on the stock.

Cantor Fitzgerald  raised its price target on shares of Sirona Dental (NASDAQ: SIRO) from $57.00 to $60.00. They have a buy rating on the stock.

Stifel Nicolaus  initiated coverage on shares of Synta Pharmaceuticals Corp. (NASDAQ: SNTA). They issued a hold rating on the stock.

Longbow Research  initiated coverage on shares of Symantec (NASDAQ: SYMC). They issued a neutral rating on the stock.

Credit Suisse  lowered its price target on shares of UnitedHealth Group Inc. (NYSE: UNH) from $73.00 to $62.00. They have an outperform rating on the stock.

Longbow Research  initiated coverage on shares of VMware, Inc. (NYSE: VMW). They issued a buy rating on the stock and set a $110.00 price target.

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#1637536

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