Equity Briefing: Upgrades and Downgrades for July 24th: ELT, ELT, ESI, FE, FOSL, GEOY, GT, GWR, HFC, HMA, ITMN


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:

Credit Suisse  initiated coverage on shares of Elster Group SE (NYSE: ELT). They issued a neutral rating on the stock.

Barclays Capital  downgraded shares of Elster Group SE (NYSE: ELT) from an overweight rating to an equalweight rating.

JPMorgan Chase  downgraded shares of ITT Educational Services Inc (NYSE: ESI) from a neutral rating to an underweight rating.

Argus  downgraded shares of FirstEnergy Corp. (NYSE: FE) from a buy rating to a hold rating.

Piper Jaffray  downgraded shares of Fossil (NASDAQ: FOSL) from an overweight rating to a neutral rating.

Raymond James  upgraded shares of GeoEye (NASDAQ: GEOY) from an underperform rating to a market perform rating.

Goldman Sachs  upgraded shares of Goodyear (NYSE: GT) from a sell rating to a neutral rating.

Morgan Stanley  upgraded shares of Genesee & Wyoming Inc. (NYSE: GWR) from an equal weight rating to an overweight rating.

Raymond James  upgraded shares of Genesee & Wyoming Inc. (NYSE: GWR) from a market perform rating to an outperform rating.

Bank of America  downgraded shares of HollyFrontier Corp (NYSE: HFC) from a buy rating to a neutral rating.

Jefferies Group  downgraded shares of Health Management Associates (NYSE: HMA) from a buy rating to a hold rating. Their analysts now have a $7.50 price target on the stock, down previously from $10.00.

Canaccord Genuity  downgraded shares of InterMune, Inc. (NASDAQ: ITMN) from a buy rating to a hold rating. Their analysts now have a $11.00 price target on the stock.

Atlantic Securities  initiated coverage on shares of J.C. Penney Company, Inc. (NYSE: JCP). They issued a neutral rating on the stock.

Davenport  upgraded shares of Lance, Inc. (NASDAQ: LNCE) from a neutral rating to a buy rating.

Jefferies Group  downgraded shares of Mizuho Financial Gro (NYSE: MFG) from a buy rating to a hold rating.

Citigroup  initiated coverage on shares of Magnum Hunter (NYSE: MHR). They issued a buy rating on the stock and set a $5.00 price target.

Global Hunter Securities  initiated coverage on shares of Magnum Hunter (NYSE: MHR). They issued a buy rating on the stock.

BMO Capital Markets  initiated coverage on shares of Monmouth Real Estate (NYSE: MNR). They issued a market perform rating on the stock.

FBR Capital  upgraded shares of Motorola Solutions (NYSE: MSI) from an underperform rating to a market perform rating. FBR Capital now has a $49.00 price target on the stock, up previously from $43.00.

Needham & Company  reiterated its buy rating on shares of Mindspeed Technologies, Inc. (NASDAQ: MSPD).

Evercore Partners  downgraded shares of Nordic American Tanker Shipping (NYSE: NAT) from an equal weight rating to an underweight rating.

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Source: Equity Briefing via Thomson Reuters ONE

HUG#1629008

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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