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Analysts' Rating And Target Changes: AAPL, APA, DMND, SM, TRIP, VZ

 December 10, 2012 12:26 PM

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

Apple Inc. (NASDAQ: AAPL): Jefferies lowered price target on the stock to $800 from $900. Shares dipped 0.46 percent to trade at $530.94.

Apache Corp. (NYSE: APA): Deutsche Bank downgraded its rating on the stock to "hold" from "buy". RW Baird downgraded its rating to "neutral" from "outperform". Shares traded 2.27 percent lower at $74.78.

Diamond Foods Inc. (NASDAQ: DMND): Jefferies raised price target on the stock to $11 from $10. Shares tumbled 8.98 percent to trade at $13.48.

[Related -Google Inc (GOOG): Why Nest Labs Deal Is A Wakeup Call For Apple Inc.?]

SM Energy Co. (NYSE: SM): Deutsche Bank downgraded its rating on the stock to "hold" from "buy". Shares retreated 3.30 percent to trade at $48.42.

Tripadvisor Inc. (NASDAQ: TRIP): Deutsche Bank upgraded its rating on the stock to "buy" from "hold". Shares fell 0.05 percent to trade at $38.57.

Verizon Communications Inc. (NYSE: VZ): HSBC raised price target on the stock to $50 from $43. Shares traded 0.74 percent lower at $44.08.

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