(By Balachander) A number of stocks were upgraded, downgraded and price target changed by equities research analysts on Friday.
Apple Inc. (NASDAQ: AAPL): RBC lowered price target on the stock to $725 from $750. Shares retreated 1.58 percent to trade at $513.50.
Discover Financial Services (NYSE: DFS): FBR Capital downgraded rating on the stock to "market perform" from "outperform". Shares lost 0.83 percent to trade at $38.09.
Herbalife Ltd. (NYSE: HLF): Argus downgraded rating on the stock to "hold" from "buy". Shares tumbled 15.61 percent to trade at $28.44.
Brinker International Inc. (NYSE: EAT): Sterne Agee upgraded rating on the stock to "buy" from "neutral". Shares traded 2.12 percent lower at $30.92.
NIKE Inc. (NYSE: NKE): Janney Capital downgraded rating on the stock to "neutral" from "buy". UBS increased price target to $115 from $106. Shares jumped 4.88 percent to trade at $103.83.
Red Hat Inc. (NYSE: RHT): Susquehanna raised price target on the stock to $66 from $63. Shares advanced 3.99 percent to trade at $54.71.
Research In Motion Ltd. (NASDAQ: RIMM): CLSA downgraded rating on the stock to "sell" from "underperform". Shares plunged 19.97 percent to trade at $11.30.