Equity Briefing: Upgrades and Downgrades for July 31st: ALLT, APC, ARW, CRUS, DNDN, ENS, GPI, HSC, HUM, LOGM

RELATED QUOTES

SymbolPriceChange
ALLT12.04-0.03

Vancouver, BC, Aug 1, 2012 - (ACN Newswire) - 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:

Northland Securities upgraded shares of Allot Communications Ltd. (NASDAQ:ALLT - News) from a market perform rating to an outperform rating. Northland Securities now has a $30.00 price target on the stock, up previously from $28.00.

Oppenheimer reiterated its outperform rating on shares of Anadarko Petroleum (NYSE:APC - News).

Stifel Nicolaus lowered its price target on shares of Arrow Electronics, Inc. (NYSE:ARW - News) from $48.00 to $45.00. They have a buy rating on the stock.

Stifel Nicolaus raised its price target on shares of Cirrus Logic, Inc. (NASDAQ:CRUS - News) to $45.00.

Canaccord Genuity raised its price target on shares of Cirrus Logic, Inc. (NASDAQ:CRUS - News) from $35.00 to $43.00.

Lazard Capital downgraded shares of Dendreon Co. (NASDAQ:DNDN - News) from a neutral rating to a sell rating.

Needham & Company downgraded shares of EnerSys (NYSE:ENS - News) from a buy rating to a hold rating.

Morgan Stanley raised their EPS estimates on shares of Group 1 Automotive, Inc. (NYSE:GPI - News). They now have an underweight rating and a $46.00 price target on the stock. They previously had issued a $40.00 price target. They noted that the company is realizing better margins.

Buckingham Research downgraded shares of Harsco Co. (NYSE:HSC - News) from a buy rating to a neutral rating.

Oppenheimer reiterated its outperform rating on shares of Humana (NYSE:HUM - News).

Piper Jaffray lowered its price target on shares of LogMeIn Inc (NASDAQ:LOGM - News) to $35.00.

Cowen downgraded shares of LogMeIn Inc (NASDAQ:LOGM - News) from an outperform rating to a neutral rating.

JPMorgan Chase upgraded shares of Mizuho Financial Gro (NYSE:MFG - News) from a neutral rating to an overweight rating.

UBS AG reiterated its neutral rating on shares of MicroStrategy Incorporated (NASDAQ:MSTR - News).

Imperial Capital initiated coverage onshares of Precision Castparts (NYSE:PCP - News). They issued an outperform rating on the stock and set a $190.00 price target.

Gabelli downgraded shares of RPC, Inc (NYSE:RES - News) from a buy rating to a hold rating.

Bank of America lowered its pricetarget on shares of Seagate (NYSE:STX - News) to $31.00. They have a neutral rating on the stock.

Zacks reiterated its neutral rating on shares of Terex Co. (NYSE:TEX - News). They have a $20.00 price target on the stock.

Zacks reiterated its outperformrating on shares of VistaPrint (NASDAQ:VPRT - News). They have a $41.00 price target on the stock.

Bank of America lowered its price target on shares of Vertex Pharmaceuticals (NASDAQ:VRTX - News) from $71.00 to $66.00.

Credit Suisse cut their EPS estimates on shares of Weight Watchers International, Inc. (NYSE:WTW - News). They now have an outperform rating and a $82.00 price target on the stock.

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Source: Equity Briefing via Thomson ReutersONE

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