2012-09-12 16:19:17 -
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:
Needham & Company lowered its price target on shares of Facebook (NASDAQ: FB)
from $40.00 to $25.00. They have a buy rating on the stock.
Goldman Sachs upgraded shares of Fed Investors (NYSE: FII) from a sell rating
to a neutral rating. Goldman Sachs now has a $20.00 price target on the stock.
Sterne Agee downgraded shares of Finish Line (NASDAQ: FINL) from a neutral
rating to an underperform rating. Their analysts now have a $20.00 price target
on the stock.
Morgan Stanley upgraded shares of FMC Tech (NYSE: FTI) from an underweight
rating to an equal weight rating.
Northland Securities initiated coverage on shares of Fortinet, Inc.
(NASDAQ:
FTNT). They issued an outperform rating on the stock and set a $31.00 price
target.
Wunderlich lowered its price target on shares of Globus Maritime Limited
(NASDAQ: GLBS) from $4.50 to $3.50. They have a hold rating on the stock.
B. Riley initiated coverage on shares of Glu Mobile Inc. (NASDAQ: GLUU). They
issued a buy rating on the stock and set a $6.50 price target.
Morgan Stanley upgraded shares of Group 1 Automotive, Inc. (NYSE: GPI) from an
underweight rating to an overweight rating.
JPMorgan Chase upgraded shares of Great Plains Engy (NYSE: GXP) from a neutral
rating to an overweight rating. JPMorgan Chase now has a $26.00 price target on
the stock, up previously from $23.00.
Bank of America downgraded shares of Holly Energy Partners, L.P. (NYSE: HEP)
from a neutral rating to an underperform rating. Their analysts now have a
$68.00 price target on the stock.
Feltl & Co. initiated coverage on shares of Immersion Corp (NASDAQ: IMMR). They
issued a hold rating on the stock and set a $5.70 price target.
Benchmark Co. raised its price target on shares of InterXion Holding (NASDAQ:
INXN) from $22.00 to $25.00. They have a buy rating on the stock.
FBR Capital raised its price target on shares of Illinois Tool Works Inc.
(NYSE: ITW) from $66.00 to $70.00. They have an outperform rating on the stock.
Bank of America upgraded shares of J.B. Hunt Transport Services, Inc. (NASDAQ:
JBHT) from a neutral rating to a buy rating. Bank of America now has a $60.00
price target on the stock.
FBN Securities downgraded shares of KB Home (NYSE: KBH) from a sector perform
rating to an underperform rating.
Bank of America upgraded shares of Kinder Morgan (NYSE: KMI) from an
underperform rating to a neutral rating. Bank of America now has a $36.00 price
target on the stock. They noted that the move was a valuation call.
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Source: Equity Brief via Thomson Reuters ONE
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