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Analysts' Rating And Price Target Changes: ATVI, CSTR, GES, LNKD, NUAN, RVBD, SKUL, TEVA

 February 08, 2013 10:24 AM
 


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

Activision Blizzard Inc. (NASDAQ: ATVI): Sterne Agee upgraded the stock to Buy from Neutral. Macquarie upgraded the stock to Outperform from Neutral. Shares jumped 8.62 percent to trade at $13.10.

Coinstar Inc. (NASDAQ: CSTR): Benchmark Co. reduced price target on the stock to $65 from $85. Shares tumbled 8.23 percent to trade at $47.83.

[Related -Riverbed Technology, Inc. (RVBD): Turning Down $19 – A Smart Move?]

Guess? Inc. (NYSE: GES): Wedbush upgraded the stock to Outperform from Neutral. Shares gained 4.08 percent to trade at $28.07.

Linkedin Corp. (NYSE: LNKD): CLSA upgraded the stock to Buy from Outperform. Citigroup raised price target on the stock to $150 from $135. JPMorgan raised price target to  $163 from $142. Shares traded 19.06 percent higher at $147.69.

Nuance Communications Inc. (NASDAQ: NUAN): Needham downgraded the stock to Hold from Buy. Craig-Hallum downgraded the stock to Hold from Buy.  Stifel Nicolaus downgraded the stock to Hold from Buy. Shares plunged 19.06 percent to trade at $19.88.

[Related -Linkedin Corp (NYSE:LNKD): New Marketing Efforts Should Improve Ad Sales]

Riverbed Technology Inc. (NASDAQ: RVBD): FBR Capital downgraded the stock to Market Perform from Outperform. Cantor downgraded the stock to Hold from Buy. Lazard Capital downgraded the stock to Neutral from Buy. Shares tumbled 19.75 percent to trade at $16.13.

Skullcandy Inc. (NASDAQ: SKUL): Roth Capital downgraded the stock to Neutral from Buy. Shares lost 7.43 percent to trade at $6.12.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA): Canaccord downgraded the stock to Hold from Buy. Shares rose 1.42 percent to trade at $38.50.

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