Equity Brief: Ratings Changes for November 19th: IPCM, LH, LPNT, LRN, MAR, MCO, MO, MRO, ONB
2012-11-19 16:17:41 -
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:
WallachBeth initiated coverage on shares of IPC The Hospitalist (NASDAQ: IPCM).
They issued a buy rating on the stock and set a $42.00 price target.
Goldman Sachs downgraded shares of Laboratory Corp. of America (NYSE: LH) from a
neutral rating to a sell rating. Their analysts now have a $83.00 price target
on the stock.
Imperial Capital lowered its price target on shares of Lifepoint Hospitals
(NASDAQ: LPNT) from $53.00 to $43.00. They have an outperform rating on the
Wells Fargo & Co. downgraded shares of K12 Inc. (NYSE: LRN) from an outperform
rating to a market perform rating.
Jefferies Group initiated coverage on shares of Marriott (NYSE: MAR). They
issued a hold rating on the stock. They wrote, "Marriott's domestic prowess is
attractive, as is its asset-light model. We forecast recurring double-digit
earnings growth, despite limited exposure to faster-growing Emerging Markets.
However, we think Marriott is fairly valued for what is a more defensive, US-
centric operator. Hence, we initiate with a Hold recommendation."
Benchmark Co. raised its price target on shares of Moodys Corporation (MCO) from
$51.00 to $52.00. They have a buy rating on the stock.
UBS AG upgraded shares of Altria Group (MO) from a neutral rating to a buy
rating. UBS AG now has a $36.00 price target on the stock, up previously from
Howard Weil upgraded shares of Marathon Oil Co. (MRO) from an outperform rating
to a focus stock rating. Howard Weil now has a $39.00 price target on the stock,
up previously from $34.00. They also added the stock to their focus list. They
also added the stock to their focus list.
Raymond James upgraded shares of Old National Bancorp (ONB) from an outperform
rating to a strong-buy rating. Raymond James now has a $14.00 price target on
Drexel Hamilton upgraded shares of Oshkosh Truck (OSK) to a hold rating.
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Source: Equity Brief via Thomson Reuters ONE