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Analyst upgrades, downgrades and initiations: VPRT, EV, HPT, NRG, GTE, BNHNA, VAR, ITRI and FARO

Analyst upgrades:

  • Citigroup upgraded Vistaprint (VPRT) to buy from hold on valuation following the recent pullback in shares. The firm also raised its price target on the stock to $62 from $55.
  • Fox-Pitt upgraded Eaton Vance (EV) to outperform from in line citing strong fundamentals. The firm raised its target to $36 from $34.
  • Stifel Nicolaus upgraded Hospitality Properties (HPT) to buy from hold citing valuation and expected cash dividend in 2010. The firm has a $22 target on the stock.
  • The Advisory Board (ABCO) was upgraded to overweight from equal weight at First Analysis.
  • Technip (TKPPY) was upgraded to outperform from neutral at Credit Suisse.
  • Jefferies upgraded Energy XXI (EXXI) to hold from underperform and raised its target to $2 from $1.

Continue reading Analyst upgrades, downgrades and initiations: VPRT, EV, HPT, NRG, GTE, BNHNA, VAR, ITRI and FARO

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Last updated: May 27, 2012: 12:00 AM

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