Stock Upgrades and Downgrades December 15th

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

Upgrades

  • New York Community (NYSE:NYB): Standpoint Research upgraded its rating on this company from Hold to Buy and changed its price target to $16. About the company: New York Community Bancorp, Inc. is a multi-bank holding company. The Company, through its banking subsidiaries, offers a full range of traditional and non-traditional products and services, and originates multi-family, commercial real estate, and construction loans, primarily in the New York metropolitan area. Get the most recent company news and stock data here >>
  • ViroPharma (NASDAQ:VPHM): WBB Securities upgraded its rating on this company from Buy to Strong Buy and changed its price target from $24.5 to $31.25. About the company: ViroPharma Incorporated is a biopharmaceutical company committed to the commercialization, development, and discovery of new medicines. The Company’s products include a treatment for prophylaxis of hereditary angioedema as well a capsules for the treatment of antibiotic associated pseudomembranous colitis caused by Clostridium difficile infection (NYSE:CDI) and enterocolitis. Get the most recent company news and stock data here >>
  • Lam Research (NASDAQ:LRCX): Needham upgraded its rating on this company from Hold to Buy and changed its price target to $46. About the company: Lam Research Corporation manufactures, markets, and services semiconductor processing equipment used in the making of integrated circuits. The Company’s products are used to deposit special films on a silicon wafer and etch away portions of various films to create a circuit design. Lam sells its products around the world. Get the most recent company news and stock data here >>
  • MetroPCS (NYSE:PCS): Mizuho upgraded its rating on this company from Neutral to Buy and changed its price target from $8.5 to $10.5. About the company: MetroPCS Communications, Inc. is a wireless communications provider in the United States. The Company offers unlimited wireless voice and data services to the mass market. Get the most recent company news and stock data here >>
  • Leap Wireless (NASDAQ:LEAP): Mizuho upgraded its rating on this company from Neutral to Buy and changed its price target from $8 to $9.5. About the company: Leap Wireless International, Inc. provides mobile wireless services. The Company’s services are targeted to meet the needs of customers who are under-served by traditional communications companies. Leap’s Cricket service is available to customers in various states from New York to California. Get the most recent company news and stock data here >>
  • KiOR (NASDAQ:KIOR): Robert W. Baird upgraded its rating on this company from Underperform to Neutral and changed its price target to $10. About the company: KiOR, Inc. intends to produce renewable fuels. The Company developed a technology that converts non-food biomass into hydrocarbon-based oil. The renewable crude oil can be refined, using standard refinery equipment, into gasoline and diesel fuels. Get the most recent company news and stock data here >>

Downgrades

  • BioSante (NASDAQ:BPAX): JMP Securities downgraded its rating on this company from Mkt Outperform to Mkt Perform. Rodman & Renshaw downgraded its rating on this company from Mkt Outperform to Mkt Perform. MLV & Co downgraded its rating on this company from Buy to Hold. About the company: BioSante Pharmaceuticals, Inc. is an emerging pharmaceutical company. The Company develops hormone replacement products to treat testosterone deficiency in men and estrogen deficiency in women. BioSante is also developing its nanoparticulate based platform technology for novel vaccines, vaccine adjuvant and drug delivery systems. Get the most recent company news and stock data here >>
  • Novellus (NASDAQ:NVLS): RBC Capital Mkts downgraded its rating on this company from Outperform to Sector Perform and changed its price target from $38 to $44. About the company: Novellus Systems, Inc. manufactures, markets, and services equipment used in the fabrication of integrated circuits, commonly called chips or semiconductors. The Company also develops, manufactures, sells and supports grinding, lapping and polishing equipment for a broad spectrum of industrial applications. Get the most recent company news and stock data here >>
  • Lufkin Industries (NASDAQ:LUFK): Howard Weil downgraded its rating on this company from Market Outperform to Market Perform and changed its price target from $60 to $75. About the company: Lufkin Industries, Inc. designs, manufactures, sells, and services oil field pumping units, power transmission products, and foundry castings. The Company sells its products around the world. Get the most recent company news and stock data here >>
  • CNB Financial (NASDAQ:CCNE): Boenning & Scattergood downgraded its rating on this company from Outperform to Neutral. About the company: CNB Financial Corporation is the holding company for County National Bank. The Bank offers a variety of accounts and loans, as well as provides a full range of client services. County National’s primary marketing area consists of the Pennsylvania counties of Clearfield, Elk, McKean, and Cameron. Get the most recent company news and stock data here >>
  • Magma Design (NASDAQ:LAVA): Needham downgraded its rating on this company from Buy to Underperform. About the company: Magma Design Automation, Inc. designs software. The Company’s software enables chip designers to accelerate time-to-market for complex integrated circuits used in the communications, computing, consumer electronics, networking, and semiconductor industries. Get the most recent company news and stock data here >>
  • First Solar (NASDAQ:FSLR): Robert W. Baird downgraded its rating on this company from Outperform to Neutral and changed its price target from $80 to $35. About the company: First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules. 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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