2012-11-28 16:16:31 -
A number of stocks were upgraded and downgraded by equities research analysts
today, as reported by Analyst Ratings Network ( bit.ly/equitybriefdaily)
and Equity Brief:
Canaccord Genuity raised its price target on shares of Green Mountain Coffee
Roasters Inc. (NASDAQ: GMCR) from $39.00 to $45.00. They have a buy rating on
the stock.
Cowen initiated coverage on shares of Google Inc. (NASDAQ: GOOG). They issued an
outperform rating on the stock.
Deutsche Bank upgraded shares of Hercules Offshore, Inc. (NASDAQ: HERO) from a
hold rating to a buy rating. Deutsche Bank now has a $8.00 price target on the
stock, up previously from $5.00.
Drexel Hamilton initiated coverage on shares of Hartford Financial (NYSE: HIG).
They issued a buy rating on the stock.
Zacks upgraded shares of Humana (NYSE: HUM) from an underperform rating
to a
neutral rating. Zacks now has a $69.00 price target on the stock. Zacks' analyst
wrote, "We are upgrading our recommendation on Humana to Neutral on the back its
strategic acquisitions and alliances that are enhancing membership, earnings and
Medicare coverage. Improved 2012 earnings guidance also provides optimism.
Strong financials and sturdy ratings are the other positives. Humana's third
quarter earnings surpassed the Zacks Consensus Estimate but lagged the year-ago
results due to lower income in the Retail and Employer Group segments, partially
offset by higher earnings from Health and Well-Being Services. Improved
memberships led to revenue growth, offset by higher expenses and benefit ratio.
Humana's dependence on Medicare Advantage plans, rising expenses, adverse impact
of healthcare reform and high competition raise concerns. Overall, we believe
the company needs to follow prudent expense management and focus on growth
through acquisitions and diversifying its earning sources to attract long-term
investors."
HSBC upgraded shares of IAMGOLD Corp (IAG) from a neutral rating to an
overweight rating.
Deutsche Bank initiated coverage on shares of Idenix Pharmaceuticals, Inc.
(IDIX). They issued a buy rating on the stock.
Wedbush reiterated its outperform rating on shares of Interpublic Group of
Companies, Inc. (IPG). They have a $12.75 price target on the stock.
Stifel Nicolaus initiated coverage on shares of Illinois Tool Works Inc. (ITW).
They issued a buy rating on the stock and set a $71.00 price target.
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
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#1661141]
