A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:
Wunderlich initiated coverage on shares of Echo Therapeutics (ECTE). They issued a hold rating on the stock and set a $1.75 price target.
ThinkEquity initiated coverage on shares of Ellie Mae (ELLI). They issued a buy rating on the stock.
Needham & Company initiated coverage on shares of Emcore Corporation (EMKR). They issued a buy rating on the stock.
Credit Suisse downgraded shares of Edwards Lifesciences (EW) from an outperform rating to a neutral rating. Their analysts now have a $110.00 price target on the stock. They noted that the move was a valuation call.
ThinkEquity reiterated its buy rating on shares of F5 Networks (FFIV). They have a $122.00 price target on the stock.
Robert W. Baird downgraded shares of Fidelity National Information Services (FIS) from an outperform rating to a neutral rating. Their analysts now have a $38.00 price target on the stock, down previously from $40.00. They noted that the move was a valuation call.
Needham & Company initiated coverage on shares of Fabrinet Ordinary (FN). They issued a hold rating on the stock.
Needham & Company initiated coverage on shares of Finisar (FNSR). They issued a hold rating on the stock.
Stifel Nicolaus initiated coverage on shares of First Industrial Realty Trust Inc (FR). They issued a hold rating on the stock and set a $50.00 price target.
Deutsche Bank upgraded shares of France Telecom SA (FTE) from a sell rating to a hold rating.
Raymond James downgraded shares of Gran Tierra Energy Inc. (GTE) from a strong-buy rating to an outperform rating.
Ladenburg Thalmann initiated coverage on shares of Great Plains Engy (GXP). They issued a buy rating on the stock.
Maxim Group initiated coverage on shares of Harmonic (HLIT). They issued a hold rating on the stock.
Goldman Sachs initiated coverage on shares of HeartWare (HTWR). They issued a neutral rating on the stock.
Stephens downgraded shares of IDEXX Laboratories, Inc. (IDXX) from an equal weight rating to an underweight rating.
Barclays Capital downgraded shares of Infosys Technologies Ltd (INFY) from an overweight rating to an equal weight rating.
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