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Analysts' Rating And Target Changes: FFIV, FIO, MCP, MRVL, SHW, QCOM

 November 13, 2012 12:16 PM
 


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

F5 Networks Inc. (NASDAQ: FFIV): Goldman Sachs upgraded its rating on the stock to "buy" from "neutral". Shares rose 2.17 percent to trade at $88.04.

Fusion-IO Inc. (NYSE: FIO): Craig-Hallum upgraded its rating on the stock to "buy" from "sell". Shares added 2.55 percent to trade at $22.12.

Marvell Technology Group Ltd. (NASDAQ: MRVL): Barclays lowered price its target on the stock to $8 from $9. The stock traded 1.74 percent lower at $7.64.

[Related -Fusion-IO, Inc. (FIO): Can Fusion-IO Q2 Results Cheer Street?]

Molycorp Inc. (NYSE: MCP): Morgan Stanley downgraded its rating on the stock to "equal weight" from "overweight". CIBC lowered its price target to $20 from $30. Shares fell 2.09 percent to trade at $7.02.

Sherwin-Williams Co. (NYSE: SHW): CLSA upgraded its rating on the stock to "outperform" from "underperform". Nomura raised its price target to  $179 from $160. Shares advanced 1.91 percent to trade at $151.91.

[Related -QUALCOMM, Inc. (NASDAQ:QCOM): Becoming A Core Holding?]

QUALCOMM Inc. (NASDAQ: QCOM): Nomura raised its price target on the stock to $75 from $70. Shares gained 1.51 percent to trade at $62.57.

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