Notable Analyst Upgrades and Downgrades (NASDAQ: FEIC) (TSX: TMA)

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The following stocks were upgraded/downgraded on July 31, 2014
Company Name Exchange Ticker Last Price Market Cap Recommendation Analyst Name Rating Company Target Price Upside/
Downside (%)
Trimac Transportation Ltd TSX TMA 6.67 187.4 Upgrade to outperform from sector perform Umayr Allem National Bank Financial 8.00 19.9%
PHX Energy Services Corp TSX PHX 15.34 536.6 Upgrade to outperform from market perform FirstEnergy Capital Corp FirstEnergy Capital Corp 18.00 17.3%
Uni-Select Inc TSX UNS 27.94 593.9 Upgrade to buy from hold Benoit Poirier Desjardins Securities 33.00 18.1%
Paramount Gold and Silver Corp TSX PZG 1.12 176.7 Initiate with buy Philip L Dodge Noble Financial Group 1.91 70.5%
Teranga Gold Corp TSX TGZ 0.73 257.5 Downgrade to reduce from hold Filipe Martins GMP 0.70 -4.1%

National Bank Financial upgraded Trimac Transportation Ltd (TSX: TMA), a provider of bulk trucking services, to outperform from sector perform increasing its price target to C$8.00 from C$6.75, indicating an upside of 19.9% from current levels.

PHX Energy Services Corp (TSX: PHX), an oil and natural gas services company engaged in providing horizontal and directional technology and drilling services to oil and natural gas producing companies, was upgraded to outperform from market perform at FirstEnergy Capital Corp with a 12-month price target of C$18.00, indicating an upside of 17.3% from current levels.

Desjardins Securities upgraded Uni-Select Inc (TSX: UNS), a distributor of replacement parts, equipment, tools and accessories and of paint products and body shops accessories for motor vehicles, to buy from hold with a price target of $33.00, indicating an upside of 18.1% from current levels.

Noble Financial Group initiated coverage on Paramount Gold and Silver Corp (TSX: PZG), an exploration stage mining company with projects in northern Nevada and Chihuahua, Mexico, with a buy rating assigning a 12-month price target of C$1.91, indicating an upside of 70.5% from current levels.

GMP downgraded Teranga Gold Corp (TSX: TGZ), a Canadian-based gold company engaged in the production and sale of gold, as well as related activities such as exploration and mine development, to reduce from hold lowering its price target to C$0.70 from C$0.75, indicating a downside of 4.1% from current levels.

The following stocks were upgraded/downgraded on July 31, 2014
Company Name Exchange Ticker Last Price Market Cap Recommendation Analyst Name Rating Company Target Price Upside/
Downside (%)
FEI Co NASDAQ FEIC 76.60 3,236.9 Upgrade to buy from neutral Thomas Diffely D.A. Davidson & Co 95.00 24.0%
LivePerson Inc NASDAQ LPSN 11.78 637.2 Upgrade to neutral from underperform Michael B Nemeroff Credit Suisse 13.00 10.4%
Silicon Image Inc NASDAQ SIMG 4.99 390.9 Upgrade to buy from hold Rajvindra S Gill Needham & Co 6.00 20.2%
Sarepta Therapeutics Inc NASDAQ SRPT 21.34 868.1 Initiate with outperform Christopher Marai Oppenheimer & Co 45.00 110.9%
Intersil Corp NASDAQ ISIL 12.83 1,652.2 Downgrade to hold from buy Christian Schwab Craig-Hallum Capital Group LLC 14.00 9.1%

D.A. Davidson & Co upgraded FEI Co (NASDAQ: FEIC), a supplier of scientific instruments for nanoscale applications and solutions for industry and science, to buy from neutral with a price target of $95.00, indicating an upside of 24% from current levels.

LivePerson Inc (NASDAQ: LPSN), a provider of online engagement solutions offering a cloud-based platform, which enables businesses to proactively connect with consumers, was upgraded to neutral from underperform at Credit Suisse increasing its price target to $13.00 from $9.00, indicating an upside of 10.4% from current levels.

Needham & Co upgraded Silicon Image Inc (NASDAQ: SIMG), a provider of connectivity solutions that enable the reliable distribution and presentation of HD content for mobile, consumer electronics (CE) and personal computer (PC) markets, to buy from hold with a 12-month price target of $6.00, indicating an upside of 20.2% from current levels.

Oppenheimer & Co initiated coverage on Sarepta Therapeutics Inc (NASDAQ: SRPT), biopharmaceutical company focused on the discovery and development of ribonucleic acid (RNA)-based therapeutics for the treatment of rare and infectious diseases, with an outperform rating assigning a 12-month price target of $45.00, indicating an upside of 110.9% from current levels.

Craig-Hallum Capital Group LLC downgraded Intersil Corp (NASDAQ: ISIL), a manufacturer and marketer of analog, mixed-signal, and power management integrated circuits (IC), to hold from buy with a 12-month price target of $14.00, indicating an upside of 9.1% from current levels.

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