Deutsche Bank Updates 7/1

Deutsche Bank made a number of updates in a research report published today.

KB Home (NYSE: KBH) had its rating maintained at Hold. At the same time, its price target was lowered from $18 to $12. On Thursday, KBH lost 2.98% of its value to end the day at $9.78. Its shares regained most of yesterday's losses in today's pre-market trading, however, rising 2.25% to $10.

Advisory Board Company (NASDAQ: ABCO) had its rating downgraded from Buy to Hold. On Thursday, Advisory Board added 0.85% to its value to finish the day at $57.88. Its shares lost all of yesterday's gains in today's pre-market trading, however, falling 0.85% to $57.39. Marathon Oil (NYSE: MRO) had its rating downgraded from Buy to Hold. At the same time, its price target was reduced from $60 to $35. On Thursday, Marathon added 2.03% to its value to end the day at $52.68. Its shares are plummeting in today's pre-market trading, however, after slumping 38.5% to $32.40. Marathon Petroleum Corp (NYSE: MPC) had its coverage initiated with a Buy rating and a price target of $54. On Thursday, MPC added 3.32% to its value to close the day at $41.40. Its shares lost 1.57% of their value in today's pre-market trading, however, trading at $40.75. Apollo Group (NASDAQ: APOL) had its rating reiterated at Buy. On Thursday, Apollo added 1.53% to its value to close the day at $43.68. Its shares lost all of yesterday's gains in today's pre-market trading, however, falling 1.56% to $43.

DemandTec (NASDAQ: DMAN) had its rating reiterated at Buy. At the same time, its price target was lowered from $15 to $12. On Thursday, DMAN added 0.78% to its value to end the day at $9.10. Its shares lost all of yesterday's gains in today's pre-market trading, however, falling 1.21% to $8.99.