Equity Upgrades and Downgrades Issued Friday

Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded the shares on December 2nd.

Upgrades

  • lululemon athletica (NASDAQ:LULU): KeyBanc Capital Mkts upgraded its rating on this company from Underweight to Buy and changed its price target to $58. About the company: Lululemon Athletica Inc designs and retails athletic clothing. The Company produces fitness pants, shorts, tops and jackets for yoga, dance, running, and general fitness. Get the most recent company news and stock data here >>
  • Cracker Barrel (NASDAQ:CBRL): Morgan Keegan upgraded its rating on this company from Mkt Perform to Outperform and changed its price target from $45 to $58. About the company: Cracker Barrel Old Country Store, Inc. operates restaurants and gift shops in the United States. Get the most recent company news and stock data here >>

Downgrades

  • Regal-Beloit (NYSE:RBC): MKM Partners downgraded its rating on this company from Buy to Neutral. About the company: Regal-Beloit Corporation manufactures a line of mechanical products that control motion and torque and electrical products such as motors and generators. The Company’s products include gearboxes, automotive transmissions, rotary cutting tools, electric motors, and electric generators. Regal-Beloit sells its products to distributors, original equipment manufacturers, and end users. Get the most recent company news and stock data here >>
  • Beacon Roofing Supply (NASDAQ:BECN): KeyBanc Capital Mkts downgraded its rating on this company from Buy to Hold. About the company: Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials in the United States and Canada. The Company also distributes other complementary building materials, including siding, windows, specialty lumber products, and waterproofing systems, for residential and non-residential building exteriors. Get the most recent company news and stock data here >>
  • Celestica (NYSE:CLS): Ticonderoga downgraded its rating on this company from Neutral to Sell and changed its price target to $5. About the company: Celestica Inc. designs and manufactures electronic components. The Company’s products and services include design, prototyping, printed circuit assembly, full system assembly, power converters, memory packages and repair services. Celestica markets its products and services to original equipment manufacturers, primarily in the computer and communications sector. Get the most recent company news and stock data here >>
  • Franklin Resources (NYSE:BEN): Ticonderoga downgraded its rating on this company from Buy to Neutral. About the company: Franklin Resources, Inc. provides investment advisory services to mutual fund, retirement, institutional/separate accounts and high net worth investors. The Company manages various asset classes including domestic, international/global and emerging markets equity, domestic, international and municipal fixed income, money funds, alternative investments, and hedge funds. 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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