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Equity Brief: Upgrades and Downgrades for September 12th: RCI, RENN, SKYW, SMP, SNTS, SOHU, SPF, SRPT, SUN


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Copyright © Thomson Reuters 2012. All rights reserved.
2012-09-12 16:22:19 -

A number of stocks were upgraded and downgraded by equities research analysts
today, as reported by Analyst Ratings Network ( bit.ly/arndailyr) and
Equity Brief:

Bank of America  upgraded shares of Rogers Communications Inc. (NYSE: RCI) from
a neutral rating to a buy rating.

Citigroup  initiated coverage on shares of Renren Inc. (NASDAQ: RENN). They
issued a sell rating on the stock and set a $2.94 price target.

Dahlman Rose  upgraded shares of SkyWest, Inc. (NASDAQ: SKYW) from a sell rating
to a hold rating.

Bank of America  initiated coverage on shares of Standard Motor Produ (NYSE:
SMP). They issued a buy rating on the stock and set a $23.00 price target.

Stifel Nicolaus  raised its price target on shares of Santarus (NASDAQ: SNTS)
from $8.00 to $11.00. They have a buy rating 
on the stock. Citigroup  initiated coverage on shares of Sohu.Com Inc. (NASDAQ: SOHU). They issued a buy rating on the stock and set a $63.70 price target. UBS AG  downgraded shares of Standard Pacific Corp (NYSE: SPF) from a buy rating to a neutral rating. Their analysts now have a $7.00 price target on the stock. WBB Securities  downgraded shares of Sarepta Therapeutic (NASDAQ: SRPT) from a hold rating to a sell rating. Their analysts now have a $9.00 price target on the stock, up previously from $8.00. Morgan Stanley  downgraded shares of Sunoco, Inc. (NYSE: SUN) from an overweight rating to an equal weight rating. Needham & Company  downgraded shares of Synaptics (NASDAQ: SYNA) from a buy rating to a hold rating. Their analysts now have a $31.00 price target on the stock. Canaccord Genuity  raised its price target on shares of United Natural Foods, Inc. (NASDAQ: UNFI) from $58.00 to $63.00. They have a buy rating on the stock. Oppenheimer  raised its price target on shares of Visa Inc. (NYSE: V) from $140.00 to $150.00. They have an outperform rating on the stock. Pacific Crest  initiated coverage on shares of Visa Inc. (NYSE: V). They issued an outperform rating on the stock and set a $150.00 price target. Morgan Stanley  upgraded shares of Valero Energy Co. (NYSE: VLO) from an equalweight rating to an overweight rating. Morgan Stanley now has a $46.00 price target on the stock. Nomura  downgraded shares of Vodafone Group plc (LON: VOD) from a buy rating to a neutral rating. Their analysts now have a $3.15 price target on the stock. Citigroup  initiated coverage on shares of Youku.com Inc (NASDAQ: YOKU). They issued a buy rating on the stock and set a $36.00 price target. Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at bit.ly/arndailyr Content and Media Contact: newseditor@equitybriefing.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Equity Brief via Thomson Reuters ONE [HUG#1640579]


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