Equity Analysts Upgrade or Downgrade These Shares Dec 9th

Wall St. Watchdog reveals information about companies for which stock analysts either upgraded or downgraded the shares on December 9th.

Upgrades

  • Flow (NASDAQ:FLOW): Northland Securities upgraded its rating on this company from Market Perform to Outperform and changed its price target from $3.5 to $4. About the company: Flow International Corporation designs, develops, manufactures, markets, and services ultrahigh-pressure waterjet cutting and cleaning systems, specialized robotics systems, and food safety applications. The Company’s waterjet systems are used to cut both metallic and nonmetallic materials in many industry segments, including the aerospace, automotive, food, and paper industries. Get the most recent company news and stock data here >>
  • Validus Holdings (NYSE:VR): Stifel Nicolaus upgraded its rating on this company from Hold to Buy and changed its price target to $38. About the company: Validus Holdings, Ltd. is a Bermuda-based reinsurer. The Company concentrates on property risks and other reinsurance lines. Get the most recent company news and stock data here >>
  • Duke Energy (NYSE:DUK): FBR Capital upgraded its rating on this company from Underperform to Mkt Perform. About the company: Duke Energy Corporation is an energy company located primarily in the Americas that owns an integrated network of energy assets. The Company manages a portfolio of natural gas and electric supply, delivery, and trading businesses in the United States and Latin America. Get the most recent company news and stock data here >>
  • MEMC Elec (NYSE:WFR): Collins Stewart upgraded its rating on this company from Neutral to Buy and changed its price target to $5.5. About the company: MEMC Electronic Materials, Inc. produces silicon wafers. The Company’s products are used in computers, telecommunications equipment, automobiles, consumer electronics products, industrial automation and control systems, and analytical and defense systems. MEMC operates manufacturing facilities in Italy, Japan, Malaysia, South Korea, Taiwan, and the United States. Get the most recent company news and stock data here >>

Downgrades

  • Invesco Mortgage Capital (NYSE:IVR): JMP Securities downgraded its rating on this company from Mkt Outperform to Mkt Perform. FBR Capital downgraded its rating on this company from Outperform to Mkt Perform and changed its price target from $20 to $16. About the company: Invesco Mortgage Capital invests in mortgage-backed securities for which a United States government agency guarantees payments of principal and interest. The Company also invests in non-agency residential mortgage-backed securities, commercial mortgage-backed securities, and residential and commercial loans. Get the most recent company news and stock data here >>
  • T. Rowe Price (NASDAQ:TROW): Stifel Nicolaus downgraded its rating on this company from Buy to Hold. About the company: T. Rowe Price Group Inc. is a financial services holding company. The Company, through its subsidiaries, provides investment advisory services to individual and institutional investors. T. Rowe manages a broad range of U.S. and international stock, blended asset, bond, and money market mutual funds and other investment portfolios. Get the most recent company news and stock data here >>
  • Pharmacyclics (NASDAQ:PCYC): Global Hunter Securities downgraded its rating on this company from Buy to Neutral and changed its price target to $15. About the company: Pharmacyclics, Inc. is a pharmaceutical company developing products to improve upon current therapeutic approaches to cancer, atherosclerosis, and retinal disease. The Company’s products are patented agents derived from its technology platform for designing and synthesizing energy-potentiating drugs. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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