Upgrades:
Paychex, Inc. (NASDAQ:PAYX) was upgraded by investment
analysts at Morgan Stanley from an “underweight” rating to an “equal weight”
rating in a research note issued to investors on Wednesday. The brokerage
currently has a $55.00 price objective on the business services provider’s
stock. Morgan Stanley’s price objective suggests a potential upside of 0.04%
from the stock’s previous close. The analysts noted that the move was a
valuation call. Continue reading …
Downgrades:
Deere & Company (NYSE:DE) was downgraded by Bank of
America Corporation from a “buy” rating to a “neutral” rating in a research
note issued on Tuesday, The Fly reports. Continue reading …
Rio Tinto PLC (NYSE:RIO) was downgraded by Royal Bank Of
Canada from a “top pick” rating to an “outperform” rating in a research report
issued on Tuesday, Marketbeat reports. Continue reading …
Teva Pharmaceutical Industries Limited (NYSE:TEVA) was
downgraded by equities research analysts at Citigroup Inc. from a “buy” rating
to a “neutral” rating in a research note issued to investors on Wednesday, The
Fly reports. Continue reading …
Eaton Corporation, PLC (NYSE:ETN) was downgraded by analysts
at J P Morgan Chase & Co from a “neutral” rating to an “underweight” rating
in a research note issued to investors on Thursday, The Fly reports. Continue reading …
Illinois Tool Works Inc. (NYSE:ITW) was downgraded by J P
Morgan Chase & Co from a “neutral” rating to an “underweight” rating in a
note issued to investors on Thursday, Marketbeat Ratings reports. They
presently have a $132.00 target price on the industrial products company’s
stock. J P Morgan Chase & Co’s price objective would suggest a potential
downside of 3.08% from the stock’s current price. Continue reading …
Foot Locker, Inc. (NYSE:FL) was downgraded by stock analysts
at Bank of America Corporation from a “neutral” rating to an “underperform”
rating in a report released on Friday, The Fly reports. Continue reading …
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