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Analysts' Rating And Target Changes: AAPL, ALTR, AXP, DELL, REGN, UAL

 January 15, 2013 12:31 PM
 


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

Apple Inc. (NASDAQ: AAPL): Nomura reduced price target on the stock to $530 from $660. Shares retreated 2.78 percent to trade at $487.82.

American Express Co. (NYSE: AXP): JPMorgan downgraded the stock to "underweight" from "neutral". Shares shed 0.77 percent to trade at $60.74.

Altera Corp. (NASDAQ: ALTR): Lazard Capital downgraded the stock to "neutral" from "buy". Shares lost 1.24 percent to trade at $34.25.

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

Dell Inc. (NASDAQ: DELL): Jefferies raised price target on the stock to $13 from $10. Deutsche Bank increased price target to $15 from $13. Shares traded 3.50 percent higher at $12.72.

Regeneron Pharmaceuticals Inc. (NASDAQ: REGN): Jefferies downgraded the stock to "hold" from "buy". Shares fell 2.45 percent to trade at $175.01.

[Related -Apple Inc. (NASDAQ:AAPL): Why Gross Margins Will Expand In 2014 and Beyond?]

United Continental Holdings Inc. (NYSE: UAL): JPMorgan downgraded the stock to "neutral" from "overweight". Shares slipped 0.35 percent to trade at $25.90.

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