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Equity Brief: Ratings Changes for September 17th: HTS, IEX, INTC, IP


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Copyright © Thomson Reuters 2012. All rights reserved.
2012-09-17 16:35:25 -

A number of stocks were upgraded and downgraded by equities research analysts
today, as reported by Analyst Ratings Network ( bit.ly/arndailyr) and
Equity Brief:

FBR Capital  downgraded shares of Hatteras Financial Corp. (NYSE: HTS) from an
outperform rating to a market perform rating. Their analysts now have a $30.00
price target on the stock.

Citigroup  initiated coverage on shares of IDEX Corp (NYSE: IEX). They issued a
buy rating on the stock and set a $48.00 price target. They wrote, "IDEX's
standout financial metrics include operating margins averaging 16% over the past
five years (310 bps above the MI-EE segment average) and faster-than-average
revenue growth at a 10% ten-year CAGR with below-average cyclicality. It boasts
a ten-year track record of FCF>Net income."

Longbow Research  downgraded shares of Intel (NASDAQ: INTC) from a 
buy rating to a neutral rating. Longbow Research  downgraded shares of International Paper Company (NYSE: IP) from a buy rating to a neutral rating. FBR Capital  downgraded shares of Invesco Mortgage Capital Inc (NYSE: IVR) from an outperform rating to a market perform rating. Their analysts now have a $21.00 price target on the stock. 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/arndailyr Content and Media Contact: newseditor@equitybriefing.com 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#1641619]


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