Equity Upgrades and Downgrades on Wall Street Today

Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded the shares on March 13th.

Upgrades

Apt Inv & Mgt (NYSE:AIV):

RBC Capital Mkts upgraded its rating on this company from Sector Perform to Outperform and changed its price target from $27 to $30.

Cabot Micro (NASDAQ:CCMP):

Longbow upgraded its rating on this company from Neutral to Buy and changed its price target to $45.

New York & Co (NYSE:NWY):

Janney Mntgmy Scott upgraded its rating on this company from Neutral to Buy and changed its price target to .

PetroChina (NYSE:PTR):

HSBC Securities upgraded its rating on this company from Underweight to Neutral and changed its price target to .

VOC Energy Trust (NYSE:VOC):

Robert W. Baird upgraded its rating on this company from Underperform to Neutral and changed its price target from $20 to $21.

HiSoft Tech (NASDAQ:HSFT):

BMO Capital Markets upgraded its rating on this company from Market Perform to Outperform and changed its price target to $24.

Downgrades

McDermott (NYSE:MDR):

Howard Weil downgraded its rating on this company from Market Outperform to Market Perform and changed its price target from $15 to $16.

Tranzyme (NASDAQ:TZYM):

Canaccord Genuity downgraded its rating on this company from Buy to Hold and changed its price target from $7 to $3.

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To contact the reporter on this story: Wall St. Cheat Sheet Staff at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com