Equity Upgrades and Downgrades December 16th

Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded the shares on December 16th.

Upgrades

  • Lennox Intl (NYSE:LII): MKM Partners upgraded its rating on this company from Neutral to Buy and changed its price target to $39. About the company: Lennox International Inc. provides climate control solutions in countries located around the world. The Company designs, manufactures, and markets heating, ventilation, air conditioning, and refrigeration equipment. Lennox markets its products under brand names such as Lennox, Armstrong Air, Ducane, Bohn, Larkin, Advanced Distributor Products, Service Experts and others. Get the most recent company news and stock data here >>
  • Buffalo Wild Wings (NASDAQ:BWLD): Miller Tabak upgraded its rating on this company from Hold to Buy and changed its price target from $63 to $78. About the company: Buffalo Wild Wings Inc. owns, operates, and franchises casual dining restaurants. The restaurants feature made to order menu items including New York style chicken wings. The company operates restaurants in multiple states. Get the most recent company news and stock data here >>
  • Transocean (NYSE:RIG): Global Hunter Securities upgraded its rating on this company from Reduce to Neutral and changed its price target from $46 to $43. About the company: Transocean Ltd. is an offshore drilling contractor. The Company owns or operates mobile offshore drilling units, inland drilling barges, and other assets utilized in the support of offshore drilling activities worldwide. Transocean specializes in technically demanding segments of the offshore drilling business, including deepwater and harsh environment drilling services. Get the most recent company news and stock data here >>
  • Discover Financial Services (NYSE:DFS): Stifel Nicolaus upgraded its rating on this company from Hold to Buy and changed its price target to $29. About the company: Discover Financial Services is a credit card issuer and electronic payment services company. The Company issues credit cards and offers student and personal loans, as well as savings products such as certificates of deposit and money market accounts and operates an automated teller machine(ATM)/debit network, which includes ATMs, as well as POS terminals nationwide. Get the most recent company news and stock data here >>
  • Linear Tech (NASDAQ:LLTC): Oppenheimer upgraded its rating on this company from Perform to Outperform and changed its price target to $36. About the company: Linear Technology Corporation designs, manufactures, and markets a line of linear integrated circuits. The Company’s products include high performance amplifiers, comparators, voltage references, monolithic filters, linear regulators, DC-DC converters, battery chargers, data converters, communications interface circuits, and RF signal conditioning circuits. Get the most recent company news and stock data here >>
  • AthenaHealth (NASDAQ:ATHN): Oppenheimer upgraded its rating on this company from Underperform to Perform. About the company: athenahealth Inc. provides Internet-based business services for physician practices. The Company’s services include a revenue cycle management service that automates and manages billing-related functions for physician practices and includes a practice management platform. Get the most recent company news and stock data here >>
  • Basic Energy Services (NYSE:BAS): Dahlman Rose upgraded its rating on this company from Hold to Buy and changed its price target to $25. About the company: Basic Energy Services, Inc. provides well site services to oil and gas drilling and producing companies. The Company operates well maintenance, workover, and fluid handling services through a fleet of well servicing rigs and fluid service trucks and equipment. Get the most recent company news and stock data here >>
  • Carnival (NYSE:CCL): HSBC Securities upgraded its rating on this company from Neutral to Overweight and changed its price target from $34 to $38. About the company: Carnival Corporation owns and operates cruise ships offering cruises to all major vacation destinations including North America, the United Kingdom, Germany, Southern Europe, South America and Asia/Pacific. The Company, through a subsidiary also owns and operates hotels and lodges. Get the most recent company news and stock data here >>

Downgrades

  • Pharmasset (NASDAQ:VRUS): Robert W. Baird downgraded its rating on this company from Outperform to Neutral and changed its price target to $137. About the company: Pharmasset, Inc. is a pharmaceutical company. The Company develops oral therapeutics for the human immunodeficiency virus (HIV), hepatitis B (HBV), and hepatitis C (HCV). Get the most recent company news and stock data here >>
  • Research In Motion (NASDAQ:RIMM): Brigantine downgraded its rating on this company from Buy to Hold. About the company: Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications. 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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