Equity Briefing: Upgrades and Downgrades for July 30th: EGO, EQIX, EQM, ERTS, FLO, FMX, GET, GPK, GPN, GRC, HE

RELATED QUOTES

SymbolPriceChange
EGO5.95+0.03

Vancouver, BC, July 30, 2012 - (ACN Newswire) - A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/arndailyr) and Equity Briefing:

Stifel Nicolaus upgraded shares of Eldorado Gold Co. (NYSE:EGO - News) from a hold rating to a buy rating. Stifel Nicolaus now has a $14.50 price target on the stock.

Citigroup downgraded shares of Equinix, Inc. (NASDAQ:EQIX - News) from a buy rating to a neutral rating.

Wells Fargo & Co. initiated coverage on shares of EQT Midstream Partners LP (NYSE:EQM - News). They issued an outperform rating on the stock.

Longbow Research downgraded shares of Electronic Arts Inc (NASDAQ:ERTS) from a buy rating to a neutral rating.

Deutsche Bank initiated coverage on shares of Flowers Foods, Inc. (NYSE:FLO - News). They issued a hold rating on the stock and set a $20.00 price target.

Deutsche Bank downgraded shares of Fomento Economico Mexicano (NYSE:FMX - News) from a buy rating to a hold rating.

Wells Fargo & Co. upgraded sharesof Gaylord Entertain (NYSE:GET - News) from a market perform rating to an outperform rating.

JPMorgan Chase downgraded shares of Graphic Packaging Holding Company (NYSE:GPK - News) from an overweight rating to a neutral rating.

Cowen downgraded shares ofGlobal Payments Inc. (NYSE:GPN - News) from an outperform rating to a neutral rating.

Jefferies Group downgraded shares of The Gorman-Rupp Company (NYSE:GRC - News) from a buy rating to a hold rating.

Societe Generale downgraded shares of HENKEL AG & COKGAA S/ADR (NASDAQ:HENKY - News) from a buy rating to a hold rating.

Canaccord Genuity upgraded shares of Helmerich & Payne (NYSE:HP - News) from a hold rating to a buy rating. Canaccord Genuity now has a $62.00 price target on the stock, down previously from $64.00.

Stifel Nicolaus downgraded shares of Hercules Tech. (NASDAQ:HTGC - News) from a buy rating to a hold rating.

Jefferies Group downgraded shares of Infineon Technologies AG (NASDAQ:IFNNY - News) from a buy rating to a hold rating.

Deutsche Bank downgraded shares of JPMorgan Chase (NYSE:JPM - News) from a buy rating to a hold rating.

Goldman Sachs downgraded shares of KAR Auction Services Inc (NYSE:KAR - News) from a buy rating to a neutral rating.

Wedbush downgraded shares of Lamar Advertising Company (NASDAQ:LAMR - News) from an outperform rating to a neutral rating.

Jefferies Group downgraded shares of Eli Lilly & Co. (NYSE:LLY - News) from a hold rating to an underperform rating.

Wedbush downgraded shares of Lindsay Corp (NYSE:LNN - News) from an outperform rating to a neutral rating. Their analysts now have a $71.00 price target on the stock.

FBR Capital upgraded shares of Noble Energy (NYSE:NBL - News) from a market perform rating to an outperform rating. FBR Capital now has a $120.00 price target on the stock, up previously from $100.00.

Wells Fargo & Co. downgraded shares of Annaly Capital Management, Inc. (NYSE:NLY - News) from a market perform rating to an underperform rating.

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Source: Equity Briefing via Thomson Reuters ONE

Copyright 2012 ACN Newswire. All rights reserved.

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