Equity Analyst Upgrades and Downgrades December 6th

Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded the shares on December 6th.

Upgrades

  • Texas Instruments (NYSE:TXN): JMP Securities upgraded its rating on this company from Mkt Perform to Mkt Outperform and changed its price target to $36. About the company: Texas Instruments Incorporated is a global semiconductor company that designs and supplies analog technologies, digital signal processing (DSP) and microcontroller (MCU) semiconductors. The Company also operates materials and controls, and educational and productivity solutions businesses. Texas Instruments has manufacturing or sales operations in countries around the world. Get the most recent company news and stock data here >>
  • Aastrom Biosciences (NASDAQ:ASTM): WBB Securities upgraded its rating on this company from Sell to Hold and changed its price target from $2 to $2.5. About the company: Aastrom Biosciences, Inc. develops autologous stem/progenitor cell products for the repair/regeneration of tissues based on Tissue Repair Cell (NYSE:TRC) adult stem cell technology. The Company’s products contain bone marrow stem and progenitor cells that are produced from cells originating from the patient. Get the most recent company news and stock data here >>
  • Orbitz (NYSE:OWW): The Benchmark Company upgraded its rating on this company from Hold to Buy and changed its price target from $3 to $5. About the company: Orbitz Worldwide, Inc. offers travel services over the Internet. The Company’s website offers air, hotel, vacation package, car rental, cruise, travel insurance, ground transportation, event ticket, and tour bookings. Get the most recent company news and stock data here >>
  • ACE Limited (NYSE:ACE): Ticonderoga upgraded its rating on this company from Neutral to Buy and changed its price target to $85. About the company: ACE Limited is the holding company for the ACE Group of Companies, a property and casualty insurance business. The Group provides a diversified range of products and services to clients through operations in countries around the world. ACE provides specialty insurance and reinsurance products. Get the most recent company news and stock data here >>

Downgrades

  • Continental Resources (NYSE:CLR): Howard Weil downgraded its rating on this company from Market Outperform to Market Perform and changed its price target to $79. About the company: Continental Resources, Inc. and its subsidiaries explore, exploit, develop, and acquire oil and gas reserves, primarily in the Rocky Mountains and the MidContinent, as well as in the Gulf Coast region of Texas and Louisiana. The Company also owns and operates natural gas pipelines, gathering systems, and processing plants. Get the most recent company news and stock data here >>
  • Fortinet (NASDAQ:FTNT): Robert W. Baird downgraded its rating on this company from Outperform to Neutral and changed its price target to $27. About the company: Fortinet Inc. provides network security solutions. The Company offers network security appliances and related software, and subscription services. Fortinet systems integrate the industry’s broadest suite of security technologies, including firewall, VPN, antivirus, intrusion prevention (NYSE:IPS), Web filtering, antispam, and traffic shaping. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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