Market Overview

Equity Brief: Upgrades and Downgrades for September 7th: MLNX, MN, MPR, MTSI, MUSA, NSC, NUVA, NVDA, NXTM


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:

Stifel Nicolaus  downgraded shares of Mellanox Technologies, Ltd. (NASDAQ: MLNX) from a buy rating to a hold rating.

Wells Fargo & Co.  initiated coverage on shares of Manning & Napier Inc (NYSE: MN). They issued a market perform rating on the stock.

Brean Murray  downgraded shares of Met-Pro Co. (NYSE: MPR) from a buy rating to a hold rating.

Goldman Sachs  initiated coverage on shares of M/A-COM Technology Solutions Holdings (NASDAQ: MTSI). They issued a buy rating on the stock and set a $16.00 price target.

Deutsche Bank  initiated coverage on shares of Metals USA Holdings Corp (NASDAQ: MUSA). They issued a buy rating on the stock and set a $21.00 price target.

FBR Capital  initiated coverage on shares of Norfolk Southern Corp. (NYSE: NSC). They issued a market perform rating on the stock and set a $76.00 price target.

Northland Securities  initiated coverage on shares of NuVasive (NASDAQ: NUVA). They issued a market perform rating on the stock and set a $22.00 price target.

Cantor Fitzgerald  downgraded shares of NVIDIA (NASDAQ: NVDA) from a buy rating to a hold rating. Their analysts now have a $13.50 price target on the stock, down previously from $20.00.

Northland Securities  initiated coverage on shares of Nxstage Medical (NASDAQ: NXTM). They issued an outperform rating on the stock and set a $18.00 price target.

Nomura  upgraded shares of Priceline (NASDAQ: PCLN) from a neutral rating to a buy rating. Nomura now has a $740.00 price target on the stock.

Macquarie  downgraded shares of MetroPCS (NYSE: PCS) from an outperform rating to a neutral rating. Their analysts now have a $9.50 price target on the stock.

SunTrust  initiated coverage on shares of Performant Financial Corp (NASDAQ: PFMT). They issued a neutral rating on the stock.

Goldman Sachs  upgraded shares of Packaging Co. of America (NYSE: PKG) from a sell rating to a neutral rating.

Northland Securities  initiated coverage on shares of Insulet Corp. (NASDAQ: PODD). They issued an outperform rating on the stock and set a $26.00 price target.

Needham & Company  initiated coverage on shares of Proto Labs Inc (NASDAQ: PRLB). They issued a buy rating on the stock and set a $38.00 price target.

BMO Capital Markets  upgraded shares of Patterson-UTI (NASDAQ: PTEN) from an underperform rating to an outperform rating. BMO Capital Markets now has a $20.00 price target on the stock.

Goldman Sachs  upgraded shares of Rock-Tenn Company (NYSE: RKT) from a neutral rating to a buy rating. Goldman Sachs now has a $83.00 price target on the stock.

Oppenheimer  downgraded shares of Seattle Genetics, Inc. (NASDAQ: SGEN) from an outperform rating to a perform rating. Their analysts now have a $27.00 price target on the stock, down previously from $28.00. They noted that the move was a valuation call.

Northland Securities  initiated coverage on shares of The Spectranetics Co. (NASDAQ: SPNC). They issued an outperform rating on the stock and set a $16.00 price target.

BMO Capital Markets  upgraded shares of SunTrust (NYSE: STI) from a market perform rating to an outperform rating. BMO Capital Markets now has a $35.00 price target on the stock, up previously from $26.00.

Deutsche Bank  initiated coverage on shares of Strayer Education, Inc. (NASDAQ: STRA). They issued a sell rating on the stock and set a $50.00 price target.

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: newseditor@equitybriefing.com







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#1639646

 

Around the Web, We're Loving...

Get Benzinga's Newsletters

Benzinga Professional