Equity Briefing: Upgrades and Downgrades for August 15th: ADM, COG, DEI, DELL, DKS, DSW, EGN, ESLT, FACE
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:
Standpoint Research upgraded shares of Archer Daniels Midland Company (NYSE:
ADM) from a hold rating to a buy rating. Standpoint Research now has a $33.00
price target on the stock. They noted that the move was a valuation call.
Imperial Capital initiated coverage on shares of Cabot Oil & Gas (NYSE: COG).
They issued an in-line rating on the stock and set a $42.00 price target.
Barclays Capital reiterated its underweight rating on shares of Douglas Emmett,
Inc. (NYSE: DEI).
RBC Capital lowered its price target on shares of Dell Inc. (NASDAQ: DELL) from
$16.00 to $15.00. They have a sector perform rating on the stock.
Citigroup raised their EPS estimates on shares of Dick's Sporting Goods (NYSE:
DKS). They now have a buy rating and a $58.00 price target on the stock. They
previously had issued a $57.00 price target.
UBS AG reiterated its buy rating on shares of Dick's Sporting Goods (NYSE:
DKS). They have a $58.00 price target on the stock.
Avondale Partners raised its price target on shares of DSW Inc. (NYSE: DSW)
from $60.00 to $70.00. They have an outperform rating on the stock.
Imperial Capital initiated coverage on shares of Energen (NYSE: EGN). They
issued an outperform rating on the stock and set a $72.00 price target.
Barclays Capital lowered its price target on shares of Elbit Systems Ltd.
(NASDAQ: ESLT) from $42.00 to $36.00. They have an equal weight rating on the
stock.
Imperial Capital downgraded shares of Physicians Formula Holdings, Inc.
(NASDAQ: FACE) from an outperform rating to an outperform rating. Their analysts
now have a $4.25 price target on the stock, down previously from $5.00.
Cantor Fitzgerald reiterated its buy rating on shares of Galena Biopharma
(NASDAQ: GALE). They have a $4.00 price target on the stock.
Imperial Capital initiated coverage on shares of Gastar Exploration (NYSE:
GST). They issued an in-line rating on the stock and set a $2.50 price target.
UBS AG cut their EPS estimates on shares of InterMune, Inc. (NASDAQ: ITMN).
They now have a neutral rating and a $8.50 price target on the stock.
UBS AG reiterated its buy rating on shares of JDS Uniphase Co. (NASDAQ: JDSU).
UBS AG lowered its price target on shares of KiOR Inc (NASDAQ: KIOR) from
$22.00 to $16.00. They have a buy rating on the stock.
Nomura raised their EPS estimates on shares of Michael Kors Holdings Ltd
(NASDAQ: KORS). They now have a buy rating and a $54.00 price target on the
stock.
Imperial Capital initiated coverage on shares of LMI Aerospace Inc (NASDAQ:
LMIA). They issued an outperform rating on the stock and set a $24.00 price
target.
Barclays Capital reiterated its equal weight rating on shares of Lowe's (NYSE:
LOW).
Imperial Capital initiated coverage on shares of Magnum Hunter (NYSE: MHR).
They issued an outperform rating on the stock and set a $6.00 price target.
UBS AG reiterated its neutral rating on shares of New York Times Co. (NYSE:
NYT).
Imperial Capital initiated coverage on shares of Oasis Petroleum Inc. (NYSE:
OAS). They issued an outperform rating on the stock and set a $38.00 price
target.
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Source: Equity Briefing via Thomson Reuters ONE
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