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. 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 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 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 EGL. They issued a hold rating on the stock.

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

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

Citigroup  downgraded shares of Exelon Co. 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 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. FMC. They have a $66.00 price target on the stock.

RBC Capital  initiated coverage on shares of Finisar 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) FNV from a buy rating to a neutral rating.

Sterne Agee  upgraded shares of Fulton Fincl 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 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 GOL from an outperform rating to a market perform rating.

Robert W. Baird  initiated coverage on shares of Hi-Crush Partners LP 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 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 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 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 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 HCLP. They issued an equal weight rating on the stock and set a $22.00 price target.

UBS AG  downgraded shares of Hecla Mining 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.

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