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
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.
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Source: Equity Brief via Thomson Reuters ONE