Equity Brief: Upgrades and Downgrades for September 10th: DOV, DOX, EFC, EGL, EMC, ERIC, EXC, FITB, FMC, FNSR


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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. (NYSE: 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 (NYSE: 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 (NYSE: 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 (NYSE: EGL). They issued a hold rating on the stock.

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

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

Citigroup  downgraded shares of Exelon Co. (NYSE: 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 (NASDAQ: 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. (NYSE: FMC). They have a $66.00 price target on the stock.

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

Sterne Agee  upgraded shares of Fulton Fincl (NASDAQ: 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 (NYSE: 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 (NYSE: GOL) from an outperform rating to a market perform rating.

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

UBS AG  downgraded shares of Hecla Mining (NYSE: 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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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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