Share Upgrades and Downgrades on Wall Street Nov. 7th

Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded the shares on November 7th.

Upgrades

  • Cogent Communications (NASDAQ:CCOI): DA Davidson upgraded its rating on this company from Neutral to Buy and changed its price target to $20. About the company: Cogent Communications Group, Inc. is a next generation optical Internet service provider focused on delivering ultra-high speed Internet access and transport services. The Company serves businesses in the multi-tenant marketplace and service providers located in major metropolitan areas across the United States. Get the most recent company news and stock data here >>
  • Alpha Natural Resources (NYSE:ANR): Howard Weil upgraded its rating on this company from Market Perform to Market Outperform and changed its price target from $47 to $44. About the company: Alpha Natural Resources, Inc. extracts, processes, and markets steam and metallurgical coal. The Company conducts operations from surface and underground mines located in the northern and central Appalachian regions and Colorado, all located in the United States. Alpha Natural Resources markets its coal to electric utilities, steel and other industrial producers. Get the most recent company news and stock data here >>
  • Home Depot (NYSE:HD): RBC Capital Mkts upgraded its rating on this company from Sector Perform to Outperform and changed its price target from $38 to $42. About the company: The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company’s sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico. Get the most recent company news and stock data here >>
  • Quest Diagnostics (NYSE:DGX): RBC Capital Mkts upgraded its rating on this company from Sector Perform to Outperform and changed its price target from $50 to $68. About the company: Quest Diagnostics Incorporated provides diagnostic testing, information, and services. The Company operates a national network of full-service laboratories, rapid response laboratories, and patient service centers. Quest Diagnostics provides esoteric testing, routine medical testing, drugs of abuse testing, and non-hospital-based anatomicpathology testing. Get the most recent company news and stock data here >>
  • CVS Caremark (NYSE:CVS): RBC Capital Mkts upgraded its rating on this company from Sector Perform to Outperform and changed its price target from $36 to $44. About the company: CVS Caremark Corporation is an integrated pharmacy health care provider. The Company’s offerings include pharmacy benefit management services; mail order, retail and specialty pharmacy; disease management programs; and retail clinics. The company operates drugstores throughout the U.S., the District of Columbia, and Puerto Rico. Get the most recent company news and stock data here >>

Downgrades

  • Trina Solar (NYSE:TSL): Maxim Group downgraded its rating on this company from Buy to Sell and changed its price target from $22 to $5. Brigantine downgraded its rating on this company from Buy to Hold. About the company: Trina Solar Limited manufactures solar-power products including photovoltaic wafers, ingots, cells and modules. The Company’s solar modules provide environmentally-friendly electric power for residential, commercial, industrial, and other applications worldwide. Get the most recent company news and stock data here >>
  • Medifast (NYSE:MED): Canaccord Genuity downgraded its rating on this company from Buy to Hold. About the company: Medifast, Inc. combines physician-supervised weight loss programs with nutritional supplements and multidisciplinary patient education programs. The Company provides an Internet-based physician and medical practitioner network to consumers. Medifast also provides a corporate wellness program for large corporations, associations, and their health insurance carriers. Get the most recent company news and stock data here >>
  • Vertex Pharm (NASDAQ:VRTX): RBC Capital Mkts downgraded its rating on this company from Outperform to Sector Perform and changed its price target from $59 to $48. About the company: Vertex Pharmaceuticals Incorporated discovers, develops, and commercializes novel, small molecule pharmaceuticals for the treatment of diseases for which there are currently limited or no effective treatments. The Company is developing drugs for the treatment of viral diseases, multidrug resistance in cancer, inflammatory and autoimmune diseases, and neurodegenerative diseases. Get the most recent company news and stock data here >>
  • Wireless Ronin (NASDAQ:RNIN): Northland Securities downgraded its rating on this company from Outperform to Market Perform. About the company: Wireless Ronin Technologies, Inc. provides dynamic digital signage solutions targeting specific retail and service markets. The Company offers a suite of software applications that manages, schedules and delivers digital content over wireless or wired networks. Get the most recent company news and stock data here >>
  • Apollo Investment (NASDAQ:AINV): Ladenburg Thalmann downgraded its rating on this company from Buy to Neutral and changed its price target from $11 to $8.25. About the company: Apollo Investment Corporation is a closed-end management investment company incorporated in the USA. The Company generates both current income and capital appreciation through debt and equity investments. Get the most recent company news and stock data here >>
  • BPZ Energy (NYSE:BPZ): Rodman & Renshaw downgraded its rating on this company from Mkt Outperform to Mkt Perform. About the company: BPZ Resources, Inc. is an oil and gas exploration and production company with properties in Peru and Ecuador. The Company has exclusive rights and license agreements for oil and gas exploration and production in several properties in northwest Peru. BPZ also owns a non-operating interest in a producing property in southwest Ecuador. Get the most recent company news and stock data here >>
  • Spectra Energy LP (NYSE:SEP): Morgan Keegan downgraded its rating on this company from Outperform to Mkt Perform. About the company: Spectra Energy Partners LP owns and operates natural gas transportation and storage assets. The Company owns interstate natural gas pipeline systems located in the southeastern United States and natural gas storage facilities in Texas and Louisiana. Get the most recent company news and stock data here >>
  • Amphenol (NYSE:APH): Ticonderoga downgraded its rating on this company from Neutral to Sell and changed its price target to $38. About the company: Amphenol Corporation designs, manufactures, and markets electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and flat-ribbon cable. The Company’s products are used in a variety of industries, including telephone, wireless, and data communications systems, cable television systems, and commercial and military aerospace electronics. 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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