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Analysts' Rating and Target Changes: CRUS, GM, NFLX, PSMT, RVBD, STX

 November 01, 2012 01:09 PM

(By Balachander) A number of stocks were upgraded, downgraded and price targets changed by equities research analysts on Thursday.

Cirrus Logic Inc. (NASDAQ: CRUS): Needham upgraded the stock to "strong buy" from "buy". Canaccord raised its price target to $52 from $46. Shares are off 14.02 percent to trade at $35.10.

General Motors Co. (NYSE: GM): Craig-Hallum upgraded the stock to "buy" from "hold". Jefferies raised its price target to $29 from $23. The stock dipped 0.31 percent to trade at $25.42.

Netflix Inc. (NASDAQ: NFLX): Oppenheimer downgraded the stock to "perform" from "outperform". Shares shed 1.82 percent to trade at $77.76.

[Related -Netflix, Inc. (NFLX) Q4 Earnings Preview: What To Watch?]

PriceSmart Inc. (NASDAQ: PSMT): Benchmark Co. downgraded the stock to "hold" from "buy". Shares are currently trading 1.78 percent lower at $81.39.

Riverbed Technology Inc. (NASDAQ: RVBD): Cantor Fitzgerald upgraded the stock to "buy" from "hold". Shares traded 1.79 percent higher at $18.80.

Seagate Technology Plc (NASDAQ: STX): Noble Financial upgraded the stock to "hold" from "sell". BMO reduced its price target to $28 from $35. Shares added 2.82 percent to trade at $28.09.

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