Analysts Issue New Ratings on These Shares August 17th

Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded their ratings on August 17th:

Upgrades:

  • Towers Watson (NYSE:TW): Stifel Nicolaus upgraded their rating on this stock from Hold to Buy and changed their price target to $69.  About the company: Towers Watson & Company offers human resource and financial consulting services. The Company manages employee benefit programs; develops attraction, retention and reward strategies; advises pension plan sponsors on investment strategies; provides strategic and financial advice to insurance and financial services companies; and offers actuarial consulting.
  • Hain Celestial (NASDAQ:HAIN): RBC Capital Mkts upgraded their rating on this stock from Sector Perform to Outperform and changed their price target to $37.  About the company: The Hain Celestial Group, Inc. is a natural and organic beverage, snack, specialty food, and personal care products company. The Company’s product line include grocery store foods such as organic cookies, cooking oils, sugar free products, kosher foods, snacks, and frozen foods, as well as organic skin, hair, and body products. Hain Celestial sells and markets in North America and Europe.
  • EnCana (NYSE:ECA): Ticonderoga upgraded their rating on this stock from Sell to Neutral.  No price target was given.  About the company: Encana Corporation explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The Company operates in North and South America.

Downgrades

  • Madison Square Garden (NASDAQ:MSG): Stifel Nicolaus downgraded their rating on this stock from Buy to Hold.  No price target was given.  About the company: Madison Square Garden, Inc. (NASDAQ:MSG) operates in the sports, entertainment, and media industries. The Company owns and operates sports franchises and hosts various venues including concerts, sporting events, and theatrical productions. MSG also owns networks including MSG Network and Fuse Network.
  • Five Star Quality Care (AMEX:FVE): Stifel Nicolaus downgraded their rating on this stock from Buy to Hold.  No price target was given.  About the company: Five Star Quality Care, Inc. leases and operates senior living facilities, including facilities owned by Senior Housing Properties Trust. The Company’s facilities contain nursing home beds and independent and assisted living units.
  • Brookdale Senior Living (NYSE:BKD): Stifel Nicolaus downgraded their rating on this stock from Buy to Hold.  No price target was given.  About the company: Brookdale Senior Living Inc. operates senior living facilities in the United States. The Company offers its residents access to a full continuum of services across all sectors of the senior living industry. Brookdale Senior operates independent living facilities, assisted living facilities, continuing care retirement communities, and a skilled nursing facility.
  • Blue Coat (NASDAQ:BCSI): Needham downgraded their rating on this stock from Buy to Hold.  No price target was given.  About the company: Blue Coat Systems, Inc. provides Web security solutions that increase the protection and control of enterprise Web infrastructures. The Company’s Web security appliances are dedicated port 80 security solutions built to protect corporate networks against Web-based viruses, unfiltered Web communication, and inappropriate Web content. Blue Coat serves a wide range of industries.
  • Andatee China Marine Fuel Services (NASDAQ:AMCF): Rodman & Renshaw downgraded their rating on this stock from Mkt Outperform to Mkt Perform. No price target was given. About the company: Andatee China Marine Fuel Services Corporation is involved in the production, storage, distribution and wholesale purchases of blended marine fuel oil for cargo and fishing vessels.
  • Value Vision Media (NASDAQ:VVTV): Feltl & Co. downgraded their rating on this stock from Strong Buy to Buy and changed their price target from $8 to $5.75.  About the company: ValueVision Media, Inc. is an integrated direct marketing company that markets its products directly to consumers through various forms of electronic media. The Company’s operating strategy incorporates television home shopping, Internet electronic commerce (e-commerce), vendor programming sales, fulfillment services, and outsourced e-commerce and fulfillment solutions.

(Note: Data on stock ratings are sourced from Briefing.com via the Wall St. Journal.  All data are assumed to be accurate.)

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