2012-10-11 16:19:13 -
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 lowered its price target on shares of ESCO Technologies Inc.
(ESE) from $37.00 to $34.00. They have a hold rating on the stock.
Stephens downgraded shares of ESCO Technologies Inc. (ESE) from an overweight
rating to an equal weight rating.
Standpoint Research upgraded shares of FedEx (FDX) from a hold rating to a buy
rating. Standpoint Research now has a $130.00 price target on the stock.
Stifel Nicolaus raised its price target on shares of FedEx (FDX) from $108.00 to
$120.00. They have a buy rating on the stock.
Bank of America downgraded shares of Fifth Third Bancorp (FITB) from a buy
rating to a neutral
rating. Their analysts now have a $16.50 price target on the
stock. They noted that the move was a valuation call. They noted that the move
was a valuation call.
Piper Jaffray initiated coverage on shares of H.B. Fuller Company (FUL). They
issued an overweight rating on the stock.
Goldman Sachs initiated coverage on shares of Genomic Health, Inc. (GHDX). They
issued a neutral rating on the stock and set a $36.00 price target.
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Source: Equity Brief via Thomson Reuters ONE