Equity Upgrades and Downgrades December 19th

Analysts on Wall Street revealed their analysis of the following stocks today. Here’s the breakdown:

Upgrades

BioTime (AMEX:BTX): WBB Securities upgraded its rating on this company from Buy to Strong Buy and changed its price target to $8. About the company: BioTime, Inc. researches and develops synthetic solutions that can be used as blood plasma volume expanders, blood replacement solutions during hypothermic surgery, and organ preservation solutions. The Company also operates in regenerative medicine sector, where it develops stem cell related products and technology for diagnostic, therapeutic and research use. Get the most recent company news and stock data here >>

WNS (NYSE:WNS): Robert W. Baird upgraded its rating on this company from Neutral to Outperform and changed its price target from $12 to $13. About the company: WNS Holdings Limited, doing business as WNS Global Services, provides a range of business process outsourcing services, including finance, accounting, customer relationship management, and business administration services. Get the most recent company news and stock data here >>

Downgrades

RSC Holdings (NYSE:RRR): KeyBanc Capital Mkts downgraded its rating on this company from Buy to Hold. About the company: RSC Holdings, Inc. rents equipment. The Company operates equipment rental locations in the United States and Canada. Get the most recent company news and stock data here >>

Leapfrog (NYSE:LF): Stifel Nicolaus downgraded its rating on this company from Buy to Hold. About the company: Leapfrog Enterprises, Inc. designs, develops and markets technology-based educational platforms with curriculum interactive software content and stand-alone products. The Company’s products are for sale through retailers, distributors and directly to schools Leapfrog’s products include electronic educational games and learning books. Get the most recent company news and stock data here >>

Echo Global Logistics (NASDAQ:ECHO): Stifel Nicolaus downgraded its rating on this company from Buy to Hold. About the company: Echo Global Logistics, Inc. provides technology enabled business process outsourcing (NYSE:BPO) for transportation and logistics. The Company’s core logistics services include pre-engagement freight analysis, rate negotiation, shipment execution and tracking, carrier management, routing compliance, freight bill audit and payment and performance management and reporting. Get the most recent company news and stock data here >>

Abiomed (NASDAQ:ABMD): Rodman & Renshaw downgraded its rating on this company from Mkt Perform to Mkt Underperform and changed its price target to $13. About the company: ABIOMED, Inc. develops, manufactures, and markets cardiovascular products. The Company’s BVS-5000 is a cardiac assistance device for patients with reversible heart failure. ABIOMED is also developing its AbioCor implantable replacement heart, which is intended to extend the lives of patients with irreversible end- stage heart failure. Get the most recent company news and stock data here >>

Telefonica S.A. (NYSE:TEF): HSBC Securities downgraded its rating on this company from Overweight to Neutral. About the company: Telefonica S.A. provides telecommunications services mainly to countries in Europe and Latin America. The Company offers fixed-line and mobile telephone, Internet, and data transmission services to residential and corporate customers. 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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