Equity Upgrades and Downgrades Nov 15th

Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded the shares on November 15th.

Upgrades

    • Riverbed Technology (NASDAQ:RVBD): RBC Capital Mkts upgraded its rating on this company from Sector Perform to Outperform and changed its price target from $28 to $35. About the company: Riverbed Technology, Inc. manufactures and markets appliances used to connect computers in wide area networks. Get the most recent company news and stock data here >>

Downgrades

  • Tesoro (NYSE:TSO): RBC Capital Mkts downgraded its rating on this company from Outperform to Sector Perform and changed its price target from $34 to $30. About the company: Tesoro Corporation refines and markets petroleum products, and provides transporting services. The Company operates refineries, as well as a network of retail and refueling stations in the western United States. Tesoro also markets gasoline and diesel fuel to independent marketers and commercial end users. Get the most recent company news and stock data here >>
  • ECA Marcellus Trust (NYSE:ECT): Robert W. Baird downgraded its rating on this company from Neutral to Underperform and changed its price target from $26 to $19. About the company: ECA Marcellus Trust I is a statutory trust. The trust owns royalty interests in horizontal shale natural gas wells in Pennsylvania. Get the most recent company news and stock data here >>
  • Advance Auto (NYSE:AAP): Argus downgraded its rating on this company from Buy to Hold. About the company: Advance Auto Parts, Inc. is a retailer of auto parts and accessories. The Company operates stores in various states, primarily located in the northeastern, southeastern, and midwestern regions of the United States, and in Puerto Rico and the Virgin Islands. Get the most recent company news and stock data here >>
  • Western Digital (NYSE:WDC): Needham downgraded its rating on this company from Buy to Hold. About the company: Western Digital Corporation designs and manufactures hard drives for desktop computers and home entertainment applications. Get the most recent company news and stock data here >>
  • OmniVision (NASDAQ:OVTI): Needham downgraded its rating on this company from Strong Buy to Hold. About the company: OmniVision Technologies, Inc. provides integrated single chip semiconductor imaging devices. The Company designs, develops, and markets semiconductor imaging devices for computing, communications, and consumer electronics applications. OmniVision’s image sensor product is used in cameras and camera related products such as personal computer, digital, and security cameras. Get the most recent company news and stock data here >>
  • LDK Solar (NYSE:LDK): Kaufman Bros downgraded its rating on this company from Hold to Sell and changed its price target from $5 to $2. About the company: LDK Solar Company, Ltd. manufactures multicrystalline solar wafers. The Company sells multicrystalline wafers globally to manufacturers of photovoltaic products including solar cells and solar modules. Solar wafers are the principal raw material used to produce solar cells which convert sunlight into electricity. Get the most recent company news and stock data here >>
  • Brady (NYSE:BRC): Robert W. Baird downgraded its rating on this company from Outperform to Neutral and changed its price target from $33 to $31. About the company: Brady Corporation manufactures industrial identification solutions. The Company’s products include labels, coated materials, signs, software, printing systems, and data-collection systems. Brady sells its products to a variety of industries around the world, including telecommunications, electrical, electronics, and manufacturing. Get the most recent company news and stock data here >>
  • QR Energy LP (NYSE:QRE): Robert W. Baird downgraded its rating on this company from Outperform to Neutral and changed its price target to $22. About the company: QR Energy LP owns and acquires producing oil and natural gas properties in North America. The Company’s properties consist of mature, legacy onshore oil and natural gas reservoirs with long-lived, predictable production profiles. 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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