Stock Analyst Upgrades and Downgrades: WLL, NOG, LRLCY, JEF

Wall St. Watchdog reveals information about companies for which stock analysts changed their ratings on September 21st.

Upgrades

  • Whiting Petroleum (NYSE:WLL): Global Hunter Securities upgraded its rating on this stock from Accumulate to Buy.  No price target was given. About the company: Whiting Petroleum Corporation is involved in oil and natural gas exploitation, acquisition, and exploration activities.  The Company focuses on lower risk, long-lived oil and natural gas properties located primarily in the Gulf Coast/Permian Basin, Rocky Mountains, Michigan, and Mid-Continent regions of the United States.
  • Northern Oil & Gas (AMEX:NOG): Global Hunter Securities upgraded its rating on this stock from Accumulate to Buy.  No price target was given.  About the company: Northern Oil and Gas, Inc. is an oil and gas exploration and production company.  The Company is currently focused on the Rocky Mountain regions of the United States.
  • L’Oreal (LRLCY): HSBC Securities upgraded its rating on this stock from Underweight to Neutral.  No price target was given.  About the company: L’Oreal SA is a France-based cosmetics company that has operations worldwide. It markets a portfolio of global cosmetic brands within five product ranges, including Consumer Products, comprising products intended for skin care, hair care, hair coloring, make-up and styling products, sold under such brands as L’Oreal Paris, Garnier, Softsheen-Carson and Maybelline New York; Professional Products, including hair care products for use by professional hairdressers, marketed under Kerastase, Redken, Matrix and other brands; Luxury Products, comprising international brand cosmetics, such as Lancome, Ralph Lauren and Cacharel, distributed through selected retail channels; Active Cosmetics, which consists of products under Inneov, Vichy and other brands, for sale mainly in pharmacies, and The Body Shop, focused on cosmetics on the basis of natural ingredients. In addition, the Company has developed a line of dermatologic treatments, Galderma. It operates a number of subsidiaries worldwide.

Downgrades

  • Jefferies Group (NYSE:JEF): Ticonderoga downgraded its rating on this stock from Buy to Neutral.  No price target was given.  About the company: Jefferies Group, Inc. is an independent, full-service global securities and investment banking firm.  The Company provides clients with capital markets and financial advisory services, including M&A and restructuring, as well as institutional brokerage in equity, equity-linked, high yield and other fixed income securities, along with fundamental research and asset management.

(Note: Data on stock ratings are sourced from Briefing.com via the Wall St. Journal.  All data are assumed to be accurate.)

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