Market Overview

Equity Briefing: Upgrades and Downgrades for July 30th: EGO, EQIX, EQM, ERTS, FLO, FMX, GET, GPK, GPN, GRC, HE


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 Briefing:

Stifel Nicolaus  upgraded shares of Eldorado Gold Co. (NYSE: EGO) from a hold rating to a buy rating. Stifel Nicolaus now has a $14.50 price target on the stock.

Citigroup  downgraded shares of Equinix, Inc. (NASDAQ: EQIX) from a buy rating to a neutral rating.

Wells Fargo & Co.  initiated coverage on shares of EQT Midstream Partners LP (NYSE: EQM). They issued an outperform rating on the stock.

Longbow Research  downgraded shares of Electronic Arts Inc (NASDAQ: ERTS) from a buy rating to a neutral rating.

Deutsche Bank  initiated coverage on shares of Flowers Foods, Inc. (NYSE: FLO). They issued a hold rating on the stock and set a $20.00 price target.

Deutsche Bank  downgraded shares of Fomento Economico Mexicano (NYSE: FMX) from a buy rating to a hold rating.

Wells Fargo & Co.  upgraded shares of Gaylord Entertain (NYSE: GET) from a market perform rating to an outperform rating.

JPMorgan Chase  downgraded shares of Graphic Packaging Holding Company (NYSE: GPK) from an overweight rating to a neutral rating.

Cowen  downgraded shares of Global Payments Inc. (NYSE: GPN) from an outperform rating to a neutral rating.

Jefferies Group  downgraded shares of The Gorman-Rupp Company (NYSE: GRC) from a buy rating to a hold rating.

Societe Generale  downgraded shares of HENKEL AG & CO KGAA S/ADR (NASDAQ: HENKY) from a buy rating to a hold rating.

Canaccord Genuity  upgraded shares of Helmerich & Payne (NYSE: HP) from a hold rating to a buy rating. Canaccord Genuity now has a $62.00 price target on the stock, down previously from $64.00.

Stifel Nicolaus  downgraded shares of Hercules Tech. (NASDAQ: HTGC) from a buy rating to a hold rating.

Jefferies Group  downgraded shares of Infineon Technologies AG (NASDAQ: IFNNY) from a buy rating to a hold rating.

Deutsche Bank  downgraded shares of JPMorgan Chase (NYSE: JPM) from a buy rating to a hold rating.

Goldman Sachs  downgraded shares of KAR Auction Services Inc (NYSE: KAR) from a buy rating to a neutral rating.

Wedbush  downgraded shares of Lamar Advertising Company (NASDAQ: LAMR) from an outperform rating to a neutral rating.

Jefferies Group  downgraded shares of Eli Lilly & Co. (NYSE: LLY) from a hold rating to an underperform rating.

Wedbush  downgraded shares of Lindsay Corp (NYSE: LNN) from an outperform rating to a neutral rating. Their analysts now have a $71.00 price target on the stock.

FBR Capital  upgraded shares of Noble Energy (NYSE: NBL) from a market perform rating to an outperform rating. FBR Capital now has a $120.00 price target on the stock, up previously from $100.00.

Wells Fargo & Co.  downgraded shares of Annaly Capital Management, Inc. (NYSE: NLY) from a market perform rating to an underperform rating.

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







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 Briefing via Thomson Reuters ONE

HUG#1630495

 

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free