Shire (SHPGY) (ERT) (INSM) (NNA) (PAET) (PKY) (SHPGY) (TRLG) (VE) (WMT) Downgraded

Shire (SHPGY), eResearchTech (NYSE: ERT), Insmed Incorporated (NASDAQ: INSM), Navios Maritime Acquisition (NYSE: NNA), PAETEC Holding Corp. (NASDAQ: PAET), Parkway Properties (NYSE: PKY), Shire (NASDAQ: SHPGY), True Religion Apparel, Inc. (NASDAQ: TRLG), Veolia Environnement (NYSE: VE) and Wal-Mart Stores Inc (NYSE: WMT) downgraded by analysts.

eResearchTech (ERT) was downgraded by The Benchmark Company from a “Buy” rating to a “Hold” rating. They have a price target of $6.50 on the company, down from $7.50.

Insmed Incorporated (INSM) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating.

Navios Maritime Acquisition (NNA) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating.

PAETEC Holding Corp. (PAET) was downgraded by Cowen from an “Outperform” rating to a “Neutral” rating.

Parkway Properties (PKY) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.

Shire (SHPGY) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.

True Religion Apparel, Inc. (TRLG) was downgraded by Standpoint Research from a “Buy” rating to a “Hold” rating.

Veolia Environnement (VE) was downgraded by HSBC from an “Overweight” rating to a “Neutral” rating.

Wal-Mart Stores Inc. (WMT) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating. They have a price target of $56.00 on the company, down from $61.00.

Lorillard (LO) (TRLG) (WLL) (EXP) (DQ) (HRC) Upgraded

Lorillard (NYSE: LO), True Religion Apparel, Inc. (NASDAQ: TRLG), Whiting Petroleum Co. (NYSE: WLL), Eagle Materials, Inc. (NYSE: EXP), Daqo New Energy (NYSE: DQ) and Hill-Rom Holdings, Inc. (NYSE: HRC) upgraded by analysts.

Lorillard Inc. (LO) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $122.00 on the company.

True Religion Apparel, Inc. (TRLG) was upgraded by Caris & Company from an “Above Average” rating to a “Buy” rating. They have a price target of $38.00 on the company, up from $35.00.

Whiting Petroleum Co. (WLL) was upgraded by Morgan Keegan from a “Market Perform” rating to an “Outperform” rating. They have a price target of $73.00 on the company.

Eagle Materials, Inc. (EXP) was upgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Underweight” rating to a “Neutral” rating.

Daqo New Energy (DQ) was upgraded by Avian to a “Positive” rating.

Hill-Rom Holdings, Inc. (HRC) was upgraded by Morgan Keegan from a “Market Perform” rating to an “Outperform” rating. They have a price target of $45.00 on the company, down from $48.00.

Ratings (SDT) (IRM) (LINE) (PSTI) (TRLG) Weekend Recap

Ratings coverage on SandRidge Mississippian Trust I (NYSE: SDT), Iron Mountain Incorporated (NYSE: IRM), Linn Energy, LLC (NASDAQ: LINE), Pluristem Therapeutics (NASDAQ: PSTI) and True Religion Apparel, Inc. (NASDAQ: TRLG) was initiated by analysts this week.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on SandRidge Mississippian Trust I (SDT). They placed a “market perform” rating on company.

Stifel Nicolaus initiated coverage on Iron Mountain Incorporated (IRM). They placed a “buy” rating and a price target of $39.00 on the company.

Madison Williams initiated coverage on Linn Energy, LLC (LINE). They placed a “buy” rating and a price target of $45.00 on the company.

Oppenheimer initiated coverage on Pluristem Therapeutics (PSTI). They placed an “outperform” rating and a price target of $5.00 on the company.

Benchmark Co. initiated coverage on True Religion Apparel, Inc. (TRLG). They placed a “buy” rating and a price target of $34.00 on the company.

Coverage on (TRLG) (PSTI) (SDT) (YPF) Initiated

Coverage on True Religion Apparel, Inc. (NASDAQ: TRLG), Pluristem Therapeutics (NASDAQ: PSTI), SandRidge Mississippian Trust I (NYSE: SDT) and YPF Sociedad Anonima (NYSE: YPF) was initiated by analysts.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on SandRidge Mississippian Trust I (SDT). They placed a “market perform” rating and a price target of $22.50 on the company.

Oppenheimer analysts initiated coverage on Pluristem Therapeutics (PSTI). They placed an “outperform” rating and a price target of $5.00 on the company.

Benchmark Co. initiated coverage on True Religion Apparel, Inc. (TRLG). They placed a “buy” rating and a price target of $34.00 on the company.

The Benchmark Company initiated coverage on True Religion Apparel, Inc. (TRLG). They placed a “buy” rating and a price target of $34.00 on the company.

Raymond James (NYSE:RJF) initiated coverage on YPF Sociedad Anonima (YPF). They placed an “outperform” rating on the company.

Ratings of (TAL) (TRLG) (RIMM) (TRMB) (SPWRA) Downgraded

Analysts downgraded ratings of TAL International Group, Inc. (NYSE: TAL), True Religion Apparel, Inc. (NASDAQ: TRLG), Research In Motion (NASDAQ: RIMM), Trimble Navigation (NASDAQ: TRMB) and SunPower Co. (NASDAQ: SPWRA) today.

Jefferies (NYSE:JEF) downgraded Research In Motion (RIMM) to an “underperform” rating. They have a price target of $35.00 on the company.

Wunderlich downgraded SunPower Co. (SPWRA) from a “hold” rating to a “sell” rating.

Robert W. Baird downgraded TAL International Group, Inc. (TAL) from an “outperform” rating to a “neutral” rating. They have a price target of $42.00 on the company, up from $40.00.

Standpoint Research downgraded shares of True Religion Apparel, Inc. (TRLG) from a “buy” rating to a “hold” rating. They cited valuation as the catalyst behind the call.

Piper Jaffray (NYSE:PJC) downgraded Trimble Navigation (NASDAQ: TRMB) from an “overweight” rating to a “neutral” rating. They have a price target of $56.00 on the company.

Alanco's (ALAN), OmniVision (OVTI), Ancestry.com (ACOM), True Religion Apparel (TRLG) Soar After Hours

Alanco's (Nasdaq:ALAN), OmniVision Technologies Inc. (NASDAQ:OVTI), Ancestry.com Inc. (NASDAQ:ACOM) and True Religion Apparel Inc. (NASDAQ:TRLG) were all up big in after hours trading, for a variety of reasons.

With Alanco (ALAN), they skyrocketed by over 37 percent on the news they are going to sell their StarTrak unit for $18.5 million to Orbcomm (Nasdaq:ORBC).

True Religion Apparel Inc. (TRLG) surged 7.6%, which was somewhat of a surprise considering its weak guidance. They reported fourth quarter EPS of $0.63, $0.01 above analyst estimates of $0.62. Revenue for the quarter came in at $110.9 million versus the consensus estimate of $104.15 million. Guidance for full year 2011 EPS is $1.80, versus the consensus of $2.02. Full year 2011 revenue guidance was $405 million, against the consensus of $406.83 million.

This was a surprise because most companies have been getting punished for weak guidance this quarter, whether or not their last quarter performance was strong.

OmniVision Technologies Inc. (OVTI) was up 11.8%, reporting third quarter EPS of $0.84, $0.26 above the analyst estimate of $0.58. Revenue for the quarter came in at $265.7 million versus the consensus estimate of $241.74 million. Guidance for fourth quarter revenue was $240-$260 million, vs. the consensus of $217.2 million. Guidance for EPS was 57-70 cents versus consensus of 44 cents.

Ancestry.com Inc. (ACOM) rose by 8.2% after hours, reporting fourth quarter EPS of $0.25, level with the analyst estimate of $0.25. Revenue for the quarter came in at $82.7 million versus the consensus estimate of $81.24 million. Subscriptions were up 31% to 1,395,000 at 12/31/2010. Guidance for the first quarter of 2011 was for revenue of $86-$88 million, versus the consensus of $83.68 million. Ending subscribers of about 1,545,000. For full year 2011, they see revenue of $370-$375 million, versus the consensus of $357.42 million. Ending subscribers are expected to reach a range of 1,700,000 to 1,725,000.

The Finish Line (Nasdaq:FINL), Foot Locker (NYSE:FL), Dick's Sporting Goods (NYSE:DKS), True Religion (Nasdaq:TRLG), VF Corp (NYSE:VFC) Performing As Expected

FBR Capital said after visiting the physical locations of retailers like The Finish Line (Nasdaq:FINL), Foot Locker (NYSE:FL), Dick's Sporting Goods (NYSE:DKS), True Religion (Nasdaq:TRLG) and VF Corp (NYSE:VFC), they see the stores performing as they thought they would during Black Friday, with The Finish Line, Foot Locker and Dick's Sporting Goods enjoying significant traffic.

"On Black Friday, we visited stores in the Washington, D.C. metro area, including retail locations of The Finish Line (Nasdaq: FINL)(Outperform), Foot Locker (Outperform), Dick's Sporting Goods (Outperform), True Religion (Outperform), and VF Corp's (Market Perform) The North Face...We did not expect Black Friday traffic at any of our targeted stores to be "newsworthy" given that these stores are not doorbuster destinations offering loss-leading items or major discounts, particularly in light of inventory positions supportive of full-price selling. We also believe that an ongoing shift to online holiday sales and discounting earlier in the shopping season are chipping away at Black Friday's importance to overall brick and mortar apparel and footwear holiday sales.

"Relative to overall mall traffic, traffic at Finish Line and Foot Locker stores was strong. Traffic at Dick's Sporting Goods was also robust. At the Georgetown location of The North Face and the Georgetown and Pentagon City locations of True Religion, in-store traffic was relatively light. Lighter traffic at The North Face and True Religion did not surprise or concern us, given that these are not traditional Black Friday destinations as a result of their premium price points and lack of discounting.

"Overall, what we saw on Black Friday did not sway our thesis on any of our covered companies, but reinforced our positive view of athletic footwear retailers, given what we expect to be continued top-line momentum on solid margins. We think limited and targeted discounting at Finish Line and Foot Locker bode well for gross margins, while the strong product cycle in athletic footwear should continue to support the top line, even in the face of difficult year-over-year comparisons."

The Finish Line closed Monday at $17.57, dropping $0.18, or 1.01 percent. Footlocker ended the session at $19.05, gaining $0.40, or 2.14 percent. Dicks Sporting Goods was at $34.38. falling $0.35, or 1.01 percent. True Religion Apparel closed up at $22.80, increasing by $0.13, or 0.57 percent. V.F. Corporation closed at $83.33, down by $0.49, or 0.58 percent.