Create a free Manufacturing.net account to continue

Equity Brief: Upgrades and Downgrades for September 10th: DOV, DOX, EFC, EGL, EMC, ERIC, EXC, FITB, FMC, FNSR

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/arndailyr) and Equity Brief:JPMorgan Chase  upgraded shares of Dover Co. (NYSE: DOV) from an underweight rating to a neutral rating. JPMorgan Chase now has a...

A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/arndailyr) and Equity Brief:

JPMorgan Chase  upgraded shares of Dover Co. (NYSE: DOV) from an underweight rating to a neutral rating. JPMorgan Chase now has a $61.00 price target on the stock, up previously from $54.00. They noted that the move was a valuation call.

Jefferies Group  downgraded shares of Amdocs Limited (NYSE: DOX) from a buy rating to a hold rating. Their analysts now have a $35.00 price target on the stock. They noted that the move was a valuation call.

Bank of America  initiated coverage on shares of Ellington Financial (NYSE: EFC). They issued a buy rating on the stock and set a $23.50 price target.

Stifel Nicolaus  initiated coverage on shares of Engility Holdings Inc (NYSE: EGL). They issued a hold rating on the stock.

Monness, Crespi, Hardt  initiated coverage on shares of EMC Corp. (NYSE: EMC). They issued a neutral rating on the stock.

UBS AG  downgraded shares of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) from a buy rating to a neutral rating.

Citigroup  downgraded shares of Exelon Co. (NYSE: EXC) from a neutral rating to a sell rating. Their analysts now have a $31.00 price target on the stock.

Oppenheimer  downgraded shares of Fifth Third Bancorp (NASDAQ: FITB) from an outperform rating to a perform rating. Their analysts now have a $17.00 price target on the stock.

Jefferies Group  reiterated its buy rating on shares of FMC Corp. (NYSE: FMC). They have a $66.00 price target on the stock.

RBC Capital  initiated coverage on shares of Finisar (NASDAQ: FNSR). They issued a sector perform rating on the stock and set a $18.00 price target.

UBS AG  downgraded shares of Franco Nev Corp Common (Canada) (NYSE: FNV) from a buy rating to a neutral rating.

Sterne Agee  upgraded shares of Fulton Fincl (NASDAQ: FULT) from a neutral rating to a buy rating. Sterne Agee now has a $11.50 price target on the stock. They noted that the move was a valuation call.

Citigroup  upgraded shares of Gol Linhas Aereas Inteligentes SA (NYSE: GOL) from a neutral rating to a buy rating. Citigroup now has a $10.00 price target on the stock, up previously from $4.75.

Raymond James  downgraded shares of Gol Linhas Aereas Inteligentes SA (NYSE: GOL) from an outperform rating to a market perform rating.

Robert W. Baird  initiated coverage on shares of Hi-Crush Partners LP (NASDAQ: HCLP). They issued an outperform rating on the stock and set a $23.00 price target.

RBC Capital  initiated coverage on shares of Hi-Crush Partners LP (NASDAQ: HCLP). They issued an outperform rating on the stock and set a $23.00 price target.

UBS AG  initiated coverage on shares of Hi-Crush Partners LP (NASDAQ: HCLP). They issued a buy rating on the stock and set a $24.00 price target.

Barclays Capital  initiated coverage on shares of Hi-Crush Partners LP (NASDAQ: HCLP). They issued an overweight rating on the stock and set a $24.00 price target.

Credit Suisse  initiated coverage on shares of Hi-Crush Partners LP (NASDAQ: HCLP). They issued an outperform rating on the stock and set a $26.00 price target.

Morgan Stanley  initiated coverage on shares of Hi-Crush Partners LP (NASDAQ: HCLP). They issued an equal weight rating on the stock and set a $22.00 price target.

UBS AG  downgraded shares of Hecla Mining (NYSE: HL) from a buy rating to a neutral rating. Their analysts now have a $6.50 price target on the stock, up previously from $5.65.

Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at http://bit.ly/arndailyr

Content and Media Contact: [email protected]

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Equity Brief via Thomson Reuters ONE

HUG#1639931

More