Analysts: Renewable Energy Remains Overweight and 3 More Research Notes to Explore
Renewable Energy (NASDAQ:REGI): Piper Jaffray has raised its price target on Renewable to $19 from $16 after meeting with management. The firm reiterates an Overweight rating on the shares.
AllianceBernstein (NYSE:AB): Credit Suisse downgraded AllianceBernstein to Neutral from Outperform to better reflect the retail rotation out of bonds. The price target has also been lowered, to $21 from $25.
Mindray Medical (NYSE:MR): Piper Jaffray, after assuming coverage of the stock, has downgraded the shares of Mindray to Neutral from Overweight, citing challenging emerging market economies and the more competitive high-end device market. The firm did raise its price target for shares, to $40 from $38.
Linn Energy (NASDAQ:LINE): Ladenburg has downgraded Linn Energy to Neutral from Buy based on uncertainty over the SEC inquiry, and the potential impact on LinnCo’s (LNCO) proposed merger with Berry Petroleum (NYSE:BRY), which could hurt shares until the inquiry is completed.