Equity Brief: Ratings Changes for September 17th: NFLX, NLY, NNN, NVS
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:
Macquarie initiated coverage on shares of Netflix, Inc. (NASDAQ: NFLX). They issued an underperform rating on the stock.
JPMorgan Chase downgraded shares of Annaly Capital Management, Inc. (NYSE: NLY) from an overweight rating to a neutral rating. Their analysts now have a $17.00 price target on the stock.
FBR Capital downgraded shares of National Retail (NYSE: NNN) from an outperform rating to a market perform rating. Their analysts now have a $32.00 price target on the stock.
Exane BNP Paribas upgraded shares of Novartis (NYSE: NVS) from a neutral rating to an outperform rating.
Piper Jaffray downgraded shares of OpenTable Inc (NASDAQ: OPEN) from an overweight rating to a neutral rating. Their analysts now have a $49.00 price target on the stock, up previously from $45.00.
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Source: Equity Brief via Thomson Reuters ONE