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 KGFHY from a neutral rating to a buy rating.
Susquehanna downgraded shares of KLA-Tencor 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. 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. 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 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 MHR. They issued a neutral rating on the stock.
Dahlman Rose initiated coverage on shares of Natural Resource NRP. They issued a hold rating on the stock.
Barclays Capital downgraded shares of Nexen Inc. 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 OILT from a buy rating to a neutral rating.
Stifel Nicolaus initiated coverage on shares of Oncolytics Biotech, Inc. ONCY. They issued a buy rating on the stock and set a $6.00 price target.
SunTrust upgraded shares of Pandora Media P from a neutral rating to a buy rating.
Canaccord Genuity upgraded shares of Pandora Media 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. PEGA. They issued a neutral rating on the stock.
Stifel Nicolaus initiated coverage on shares of Progenics Pharmaceuticals, Inc. PGNX. They issued a hold rating on the stock.
JPMorgan Chase initiated coverage on shares of QR Energy LP 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 RHT. They issued a neutral rating on the stock.
Cantor Fitzgerald raised its price target on shares of Sirona Dental 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. SNTA. They issued a hold rating on the stock.
Longbow Research initiated coverage on shares of Symantec SYMC. They issued a neutral rating on the stock.
Credit Suisse lowered its price target on shares of UnitedHealth Group Inc. UNH from $73.00 to $62.00. They have an outperform rating on the stock.
Longbow Research initiated coverage on shares of VMware, Inc. VMW. They issued a buy rating on the stock and set a $110.00 price target.
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