Equity Brief: Ratings Changes for November 26th: CHS, CYH, DNKN, DSW, DWA, ETN, EXC, FB, HMA

Loading...
Loading...

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:

FBR Capital downgraded shares of Chico's CHS from an outperform rating to a market perform rating. Their analysts now have a $18.00 price target on the stock, down previously from $20.00.

Robert W. Baird downgraded shares of Community Health Systems CYH from an outperform rating to a neutral rating. Their analysts now have a $31.00 price target on the stock, down previously from $33.00.

UBS AG initiated coverage on shares of Dunkin Brands Group Inc DNKN. They issued a buy rating on the stock.

KeyBanc upgraded shares of DSW Inc. DSW from a hold rating to a buy rating. KeyBanc now has a $81.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.

Caris & Co. downgraded shares of DreamWorks Animation DWA from an average rating to an average rating. Their analysts now have a $15.00 price target on the stock, down previously from $20.00.

Atlantic Securities upgraded shares of Eaton Corp. (ETN) from an underweight rating to a neutral rating.

Deutsche Bank upgraded shares of Exelon Co. (EXC) from a hold rating to a buy rating. They wrote, "We have been in the negative or cautious camp on EXC all year, most notably given our EPS outlook after the June Analyst Day and views on valuation. With the stock down 34% YTD and 20% this month after CEO Crane cast doubts on dividend sustainability, however, we now see an opportunity for the value investor. EXC has lagged utilities by 11% and the S&P by 20% in November, yet the outlook has actually improved slightly as gas/power prices have strengthened. While our call may be early given dividend tax hike fears and EXC's own unresolved dividend overhang, we now see more risk in being too late. Risks are weak power prices and increased retail competition."

Sanford C. Bernstein upgraded shares of Facebook (FB) from a market perform rating to an outperform rating.

BTIG Research upgraded shares of Facebook (FB) from a sell rating to a neutral rating.

Robert W. Baird downgraded shares of Health Management Associates (HMA) from an outperform rating to a neutral rating. Their analysts now have a $9.00 price target on the stock, down previously from $10.00.

Stifel Nicolaus downgraded shares of H.J. Heinz Company (HNZ) from a buy rating to a hold rating. Their analysts now have a $58.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.

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/equitybriefdaily

Content and Media Contact: newseditor@equitybrief.net





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#1660621
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...