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Analysts' Rating And Target Changes: CSCO, FLT, GRPN, MDRX, NVDA, SBUX

 November 09, 2012 12:43 PM
 


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

Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX): Piper Jaffray downgraded rating on the stock to "Underweight" from "Neutral". Shares lost 3.18 percent to trade at $11.87.

Cisco Systems Inc. (NASDAQ: CSCO): JPMorgan downgraded rating on the stock to "Neutral" from "Overweight". Shares traded 0.71 percent higher at $16.95.

FleetCor Technologies Inc. (NYSE: FLT): Citigroup upgraded rating on the stock to "Buy" from "Neutral". Shares gained 2.84 percent to trade at $47.45.

[Related -Citrix Systems, Inc. (NASDAQ:CTXS): A Look At Opportunities And Threats]

Groupon Inc. (NASDAQ: GRPN): Morgan Stanley downgraded rating on the stock to "Equal Weight" from "Overweight". William Blair downgraded rating on the stock to "Market Perform" from "Outperform". Deutsche Bank lowered price target to $4 from $6. The stock tumbled 27.93 percent to trade at $2.83.

NVIDIA Corp. (NASDAQ: NVDA): Canaccord Genuity reduced price target on the stock to $16 from $20. Shares inched 0.32 percent higher to trade at $12.72.

[Related -Cisco Systems, Inc. (NASDAQ:CSCO): What Cisco May Add To Next-Gen UCS?]

Starbucks Corp. (NASDAQ: SBUX): Argus upgraded rating on the stock to "Buy" from "Hold". Shares rose 0.59 percent to trade at $51.16.

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