Sponsored Links
Equity Briefing: Upgrades and Downgrades for August 14th: BLDP, CIEN, CVS, FRAN, LPR, MOV, PANW
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:
Ardour Capital downgraded shares of Ballard Power System (NASDAQ: BLDP) from an accumulate rating to a hold rating. Their analysts now have a $1.00 price target on the stock, down previously from $1.50.
FBR Capital downgraded shares of Ciena Corp. (NASDAQ: CIEN) from an outperform rating to a market perform rating. Their analysts now have a $18.00 price target on the stock.
Cantor Fitzgerald initiated coverage on shares of CVS Caremark (NYSE: CVS). They issued a buy rating on the stock and set a $55.00 price target.
Janney Montgomery Scott initiated coverage on shares of Francesca's (NASDAQ: FRAN). They issued a buy rating on the stock and set a $38.00 price target.
Credit Suisse downgraded shares of Lone Pine Resources (NYSE: LPR) from an outperform rating to a neutral rating.
Capstone initiated coverage on shares of Movado Group (NYSE: MOV). They issued a buy rating on the stock and set a $31.00 price target.
UBS AG initiated coverage on shares of Palo Alto Networks Inc (NASDAQ: PANW). They issued a neutral rating on the stock and set a $64.00 price target.
Cantor Fitzgerald initiated coverage on shares of Walgreen (NYSE: WAG). They issued a buy rating on the stock and set a $43.00 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
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Equity Briefing via Thomson Reuters ONE
Follow Reuters