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Analysts' Rating And Target Changes: ATR, BA, CELG, EMC, FIO, JOY

 January 08, 2013 12:38 PM

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

AptarGroup Inc. (NYSE: ATR): RW Baird upgraded rating on the stock to "outperform" from "neutral". Shares advanced 3.29 percent to trade at $50.82.

Boeing Co. (NYSE: BA): BB&T Capital downgraded rating on the stock to "hold" from "buy". Shares dropped 2.00 percent to trade at $74.60.

Celgene Corp. (NASDAQ: CELG): Piper Jaffray upgraded rating on the stock to "overweight" from "neutral". RBC Capital raised rating to "outperform" from "sector perform". Jefferies increased price target to $104 from $94. Shares traded 4.26 percent higher at $89.35.

[Related -Celgene Corporation (NASDAQ:CELG): Why Should You Invest In Celgene In 2014?]

EMC Corp. (NYSE: EMC):  William Blair downgraded rating on the stock to "market perform" from "outperform". Shares retreated 1.78 percent to trade at $23.70.

Fusion-IO Inc. (NYSE: FIO): William Blair downgraded rating on the stock to "market perform" from "outperform". Shares plunged 8.21 percent to trade at $19.46.

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

Joy Global Inc. (NYSE: JOY): Piper Jaffray upgraded rating on the stock to "overweight" from "neutral". Shares shed 0.69 percent to trade at $66.52.

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