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:
Canaccord Genuity lowered its price target on shares of ESCO Technologies Inc. (ESE) from $37.00 to $34.00. They have a hold rating on the stock.
Stephens downgraded shares of ESCO Technologies Inc. (ESE) from an overweight rating to an equal weight rating.
Standpoint Research upgraded shares of FedEx (FDX) from a hold rating to a buy rating. Standpoint Research now has a $130.00 price target on the stock.
Stifel Nicolaus raised its price target on shares of FedEx (FDX) from $108.00 to $120.00. They have a buy rating on the stock.
Bank of America downgraded shares of Fifth Third Bancorp (FITB) from a buy rating to a neutral rating. Their analysts now have a $16.50 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
Piper Jaffray initiated coverage on shares of H.B. Fuller Company (FUL). They issued an overweight rating on the stock.
Goldman Sachs initiated coverage on shares of Genomic Health, Inc. (GHDX). They issued a neutral rating on the stock and set a $36.00 price target.
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