Equity Brief: Ratings Changes for December 21st: SPLK, STE, STM, STSA, TGI, TISI, TRIP, TW
(Thomson Reuters ONE) -
A number of stocks were upgraded and downgraded by equities research analysts
today, as reported by Analyst Ratings Network (http://bit.ly/equitybriefdaily)
and Equity Brief:
Topeka Capital initiated coverage on shares of Splunk Inc (SPLK). They issued a
buy rating on the stock and set a $38.25 price target. They wrote, "Splunk is an
emerging software platform vendor focused on turning machine data into realtime
operational intelligence, which we believe represents an exciting play on the
trend toward Big Data. Big Data remains in the early stages of development and
most similar to the nascent stages of cloud computing a few years ago. Over the
past four years, Splunk has grown sales by 91% per annum. We view Splunk as a
high-risk, high-return stock that we believe has a disruptive technology
platform that taps into the Big Data phenomenon. We believe Splunk represents
one of the few pure plays on Big Data."
Raymond James initiated coverage on shares of Steris Co. (STE). They issued a
market perform rating on the stock.
Robert W. Baird reiterated its outperform rating on shares of STMicroelectronics
(STM). They have a $8.00 price target on the stock.
Compass Point initiated coverage on shares of Sterling Financial Co. (STSA).
They issued a neutral rating on the stock and set a $20.00 price target.
Standpoint Research downgraded shares of Triumph Group, Inc. (TGI) from a buy
rating to a hold rating.
KeyBanc downgraded shares of Team, Inc. (TISI) from a buy rating to a hold
rating. They noted that the move was a valuation call. They noted that the move
was a valuation call.
Deutsche Bank reiterated its buy rating on shares of TripAdvisor, Inc. (TRIP).
They have a $37.00 price target on the stock, down previously from $50.00.
Cowen initiated coverage on shares of TripAdvisor, Inc. (TRIP). They issued a
neutral rating on the stock.
Robert W. Baird reiterated its outperform rating on shares of Towers Watson and
Co (TW). They have a $60.00 price target on the stock, down previously from
$66.00.
Deutsche Bank initiated coverage on shares of Two Harbors Investment Corp (TWO).
They issued a buy rating on the stock and set a $12.75 price target.
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Source: Equity Brief via Thomson Reuters ONE
[HUG#1667153]
Datum: 21.12.2012 - 16:31 Uhr
Sprache: Deutsch
News-ID 215385
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