Monday, August 20, 2012

U.S. ANALYST RATINGS: Upgrades, Downgrades, Initiations

UPGRADES:
  * Facebook (FB) to buy: Capstone
  * Markel (MKL) to market perform: Keefe Bruyette
  * Prosperity Bancshares (PB) to outperform: BMO Capital
  * Ross Stores (ROST) to buy: BofA Merrill
  * Statoil (STO) to top pick: RBC Capital


DOWNGRADES:
  * AstraZeneca (AZN) to underweight: JPMorgan
  * Aastrom Biosciences (ASTM) to neutral: Roth Capital
  * Aeolus Pharmaceuticals (AOLS) to neutral: Roth Capital
  * Armstrong World (AWI) to equalweight: Barclays
  * Biovest Intl (BVTI) to neutral: Roth Capital
  * Bebe Stores (BEBE) to neutral: Janney Capital
  * CapitalSource (CSE) to neutral: Janney Capital
  * L-3 Communications (LLL) to underweight: BB&T Capital
  * Pharmacyclics (PCYC) to neutral: Roth Capital
  * Public Storage (PSA) to underperform: RBC Capital
  * RDA Microelectronics (RDA) to neutral: UBS
  * Stem Cells (STEM) to neutral: Roth Capital
  * Stanley Black & Decker (SWK) to equalweight: Barclays
  * Telefonica (TEF) to underperform: Bernstein
  * Wintrust Financial (WTFC) to market perform: Keefe Bruyette
  * Yanzhou Coal Mining (YZC) to sell: Deutsche Bank
  * Zagg (ZAGG) to neutral: Janney Capital


INITIATIONS:
  * Chuy’s (CHUY) hold: Jefferies
  * Chuy’s (CHUY) market perform: Raymond James
  * Chuy’s (CHUY) outperform: Robert Baird
  * E2open (EOPN) buy: Canaccord Genuity
  * E2open (EOPN) outperform: William Blair
  * Hyperion Therapeutics (HPTX) buy: Needham
  * Natural Grocers (NGVC) overweight: Piper Jaffray
  * Natural Grocers (NGVC) buy at Canaccord Genuity
  * Natural Grocers (NGVC) buy at Suntrust Robinson

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