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Analysts' Rating And Target Changes: ABT, APKT, MSFT, JPM, TXT, WFC

 January 04, 2013 12:37 PM

(By Balachander) A number of stocks were upgraded and downgraded by equities research analysts on Friday.

Abbott Laboratories (NYSE: ABT): Deutsche Bank downgraded rating on the stock to "hold" from "buy". Shares slid 0.39 percent to trade at $33.14.

Acme Packet Inc. (NASDAQ: APKT): Stifel Nicolaus upgraded rating on the stock to "buy" from "hold". Shares jumped 11.13 percent to trade at $23.76.

Microsoft Corp. (NASDAQ: MSFT): Argus downgraded rating on the stock to "hold" from "buy". Shares lost 1.30 percent to trade at $26.90.

[Related -Bank Stocks: The Misbegottenness of the Volcker Rule Truly Knows No Bounds]

JPMorgan Chase & Co. (NYSE: JPM): Goldman Sachs downgraded rating on the stock to "buy" from "conviction buy". Shares traded 0.67 percent higher at $44.87.

Textron Inc. (NYSE: TXT): Credit Suisse upgraded rating on the stock to "outperform" from "neutral". Shares added 1.71 percent to trade at $26.13.

Wells Fargo & Co. (NYSE: WFC): Goldman Sachs downgraded rating on the stock to "neutral" from "buy". Shares shed 0.46 percent to trade at $34.60.

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