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Charles Schwab Rating Lowered to Underperform at Keefe, Bruyette & Woods (SCHW)

Keefe, Bruyette & Woods downgraded shares of Charles Schwab (NASDAQ: SCHW) from a market perform rating to an underperform rating in a report issued on Monday, TheFlyOnTheWall.com reports. Shares of Charles Schwab (NASDAQ: SCHW) traded down 0.57% during mid-day trading on Monday, hitting $19.06. Charles Schwab has a 52 week low of $11.64 and a 52 week high of $19.37. The stock’s 50-day moving average is currently $17.32. The company has a market cap of $24.396 billion and a P/E ratio of... 

Ocean Rig Udw (ORIG) Posts Quarterly Results

Ocean Rig Udw (NASDAQ: ORIG) issued its quarterly earnings data on Wednesday. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.23, StockRatingsNetwork reports. The company had revenue of $246.40 million for the quarter, compared to the consensus estimate of $224.68 million. During the same quarter in the prior year, the company posted ($0.30) earnings per share. The company’s quarterly revenue was up 51.2% on a year-over-year... 

Apache Price Target Raised to $98.00 at Susquehanna (APA)

Analysts at Susquehanna lifted their price target on shares of Apache (NYSE: APA) from $93.00 to $98.00 in a research report issued to clients and investors on Wednesday, Stock Ratings Network reports. The firm currently has a “positive” rating on the stock. A number of other firms have also recently commented on APA. Analysts at Sanford C. Bernstein raised their price target on shares of Apache from $101.00 to $103.00 in a research note to investors on Wednesday, May 15th. They now have... 

Pacific Sunwear of California (PSUN) Releases Q2 Earnings Guidance

Pacific Sunwear of California (NASDAQ: PSUN) updated its second quarter earnings guidance on Wednesday. The company provided earnings per share guidance of ($0.05) – $0.02 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.04), Analyst Ratings Network.com reports. The company issued revenue guidance of $209-219 million, compared to the consensus revenue estimate of $198.45 million. A number of analysts have recently weighed in on PSUN shares. Analysts... 

EQT Midstream Partners LP Stock Rating Lowered by Societe Generale (EQM)

EQT Midstream Partners LP (NYSE: EQM) was downgraded by investment analysts at Societe Generale from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, Stock Ratings Network.com reports. EQT Midstream Partners LP (NYSE: EQM) traded up 0.08% on Wednesday, hitting $49.76. EQT Midstream Partners LP has a 1-year low of $22.58 and a 1-year high of $49.97. The stock’s 50-day moving average is currently $42.62. The company has a market cap of $1.726... 

Hewlett-Packard (HPQ) Updates FY13 Earnings Guidance

Hewlett-Packard (NYSE: HPQ) issued an update on its FY13 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.50-3.60 for the period, compared to the Thomson Reuters consensus estimate of $3.45, ARN reports. Hewlett-Packard also updated its Q3 guidance to $0.84-0.87 EPS. A number of analysts have recently weighed in on HPQ shares. Analysts at RBC Capital reiterated a sector perform rating on shares of Hewlett-Packard in a research note to investors... 

Wendys Upgraded by Zacks to “Outperform” (WEN)

Zacks upgraded shares of Wendys (NYSE: WEN) from a neutral rating to an outperform rating in a research report released on Monday morning, Stock Ratings Network reports. Zacks currently has $7.25 price target on the stock. Zacks’ analyst wrote, “We are upgrading our recommendation on Wendy’s from Neutral to Outperform based on decent first-quarter 2013 results and increased earnings guidance despite a volatile US quick-service restaurant industry. Wendy s first-quarter 2013 adjusted... 

Paychex Receives “Underweight” Rating from Barclays Capital (PAYX)

Barclays Capital reiterated their underweight rating on shares of Paychex (NASDAQ: PAYX) in a research report sent to investors on Monday morning, Analyst Ratings Network reports. The firm currently has a $33.00 price target on the stock, up from their previous price target of $32.00. PAYX has been the subject of a number of other recent research reports. Analysts at TheStreet reiterated a buy rating on shares of Paychex in a research note to investors on Thursday, May 16th. Finally, analysts at... 

Great Portland Estates Given “Hold” Rating at Jefferies Group (GPOR)

Jefferies Group reaffirmed their hold rating on shares of Great Portland Estates (LON: GPOR) in a report issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 491 ($7.55) target price on the stock. Shares of Great Portland Estates (LON: GPOR) traded down 1.65% during mid-day trading on Monday, hitting GBX 588.1163. Great Portland Estates has a one year low of GBX 363.495 and a one year high of GBX 600.00. The stock’s 50-day moving average is currently GBX 450.. The... 

Veresen Declares May 13 Dividend of $0.08 (VSN)

Veresen (TSE:VSN) announced a may 13 dividend on Wednesday, May 22nd, Stock Ratings Network.com reports. Shareholders of record on Friday, May 31st will be paid a dividend of $0.0833 per share on Friday, June 21st. VSN has been the subject of a number of recent research reports. Analysts at Canaccord Genuity raised their price target on shares of Veresen from C$13.50 to C$14.00 in a research note to investors on Thursday, May 9th. They now have a “buy” rating on the stock. On the ratings... 

Stock Analysts’ Upgrades for May, 22nd (BCC, CUO, CX, DSW, FFKT, HRP, NAV, NFP, OEH, ORBK)

Stock Analysts’ upgrades for Wednesday, May 22nd: Boise Cascade (NYSE: BCC) was upgraded by analysts at DA Davidson from an underperform rating to a neutral rating. Continental Materials (NYSE: CUO) was upgraded by analysts at TheStreet to a buy rating. Cemex SAB de CV (NYSE: CX) was upgraded by analysts at Zacks from an underperform rating to a neutral rating. They currently have $12.10 target price on the stock. DSW (NYSE: DSW) was upgraded by analysts at Zacks from an underperform rating... 

Cts Corporation Declares Quarterly Dividend of $0.04 (CTS)

Cts Corporation (NYSE:CTS) declared a quarterly dividend on Wednesday, May 22nd, StocKRatingsNetwork.com reports. Investors of record on Friday, June 28th will be given a dividend of $0.035 per share on Friday, August 2nd. This represents a $0.14 dividend on an annualized basis and a yield of 1.36%. Cts Corporation (NYSE: CTS) traded down 1.36% on Wednesday, hitting $11.59. Cts Corporation has a 52-week low of $7.70 and a 52-week high of $11.80. The stock’s 50-day moving average is currently... 

Analog Devices Receives “Neutral” Rating from Zacks (ADI)

Analog Devices (NYSE: ADI)‘s stock had its “neutral” rating restated by Zacks in a research report issued to clients and investors on Wednesday, AnalystRatings.Net reports. They currently have a $49.00 price target on the stock. Zacks‘ analyst wrote, “Analog Devices is a leading supplier of analog and DSP integrated circuits. The second quarter earnings were below the Zacks Consensus estimate due to higher-than-expected expenses. However, the forward guidance was up... 

Noranda Aluminum Holding Stock Rating Lowered by Zacks (NOR)

Noranda Aluminum Holding (NYSE: NOR) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Wednesday, Analyst Ratings.Net reports. They currently have a $4.00 price target on the stock. Several other analysts have also recently commented on the stock. Analysts at TheStreet upgraded shares of Noranda Aluminum Holding from a “sell” rating to a “hold” rating in a research note... 

GameStop Corp Rating Reiterated by Wedbush (GME)

Wedbush reiterated their outperform rating on shares of GameStop Corp (NYSE: GME) in a research note issued to investors on Monday, Stock Ratings Network.com reports. The firm currently has a $49.00 target price on the stock, up from their previous target price of $33.00. “We continue to believe that GameStop’s core business will have a long tail. So long as physical video game products are produced, we expect GameStop to remain the market leader at retail, and we believe that the company’s... 

Tower Financial Upgraded to “Outperform” by Zacks (TOFC)

Tower Financial (NASDAQ: TOFC) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Wednesday, AnalystRatingsNetwork reports. The firm currently has a $15.70 target price on the stock. Tower Financial (NASDAQ: TOFC) traded down 4.21% on Wednesday, hitting $13.89. Tower Financial has a 1-year low of $9.46 and a 1-year high of $14.25. The stock’s 50-day moving average is currently $13.5. The company has a market cap of... 

Catlin Group Ltd Downgraded by Morgan Stanley to Underweight (CGL)

Morgan Stanley cut shares of Catlin Group Ltd (LON: CGL) from an equal weight rating to an underweight rating in a research note issued to investors on Monday, ARN reports. The firm currently has GBX 492 ($7.56) target price on the stock, down from their previous target price of GBX 503 ($7.73). CGL has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated a neutral rating on shares of Catlin Group Ltd in a research note to investors on Thursday,... 

Tate & Lyle Given “Buy” Rating at Galvan Research (TATE)

Galvan Research reiterated their buy rating on shares of Tate & Lyle (LON: TATE) in a research note issued to investors on Monday, Stock Ratings Network reports. The firm currently has a GBX 900 ($13.83) target price on the stock. Shares of Tate & Lyle (LON: TATE) traded up 0.59% during mid-day trading on Monday, hitting GBX 857.00. Tate & Lyle has a one year low of GBX 621.95 and a one year high of GBX 888.00. The stock’s 50-day moving average is currently GBX 662.1. The company’s... 

Investment Analysts’ Downgrades for May, 22nd (CBK, CZR, EFX, EQT, ICA, LRCX, P, POWI, SES, SKS)

Investment Analysts’ downgrades for Wednesday, May 22nd: Commerzbank AG (ETR: CBK) was downgraded by analysts at Nomura to a reduce rating. Nomura currently has €6.80 ($8.83) price target on the stock. Caesars Entertainment (NYSE: CZR) was downgraded by analysts at UBS AG from a hold rating to an underperform rating. Enerflex Ltd (TSE: EFX) was downgraded by analysts at Raymond James from an outperform rating to a market perform rating. The firm currently has C$14.00 target price on... 

ITE Group Stock Rating Reaffirmed by N+1 Singer (ITE)

N+1 Singer reissued their buy rating on shares of ITE Group (LON: ITE) in a research report released on Monday morning, AnalystRatingsNetwork.com reports. N+1 Singer currently has a GBX 280 ($4.30) price target on the stock. Other equities research analysts have also recently issued reports about the stock. Analysts at Nplus1 Brewin reiterated a buy rating on shares of ITE Group in a research note to investors on Monday. They now have a GBX 280 ($4.30) price target on the stock. Separately, analysts... 

Lancaster Colony Plans Quarterly Dividend of $0.40 (LANC)

Lancaster Colony (NASDAQ:LANC) declared a quarterly dividend on Wednesday, May 22nd, Stock Ratings Network reports. Investors of record on Monday, June 10th will be given a dividend of $0.40 per share on Friday, June 28th. This represents a $1.60 dividend on an annualized basis and a yield of 1.93%. A number of research firms have also recently commented on LANC. Analysts at Ned Davis Research downgraded shares of Lancaster Colony from a “buy” rating to a “neutral” rating... 

Land Securities Group Stock Rating Reaffirmed by JPMorgan Chase (LAND)

JPMorgan Chase reiterated their neutral rating on shares of Land Securities Group (LON: LAND) in a research report sent to investors on Monday morning, AnalystRatings.Net reports. The firm currently has a GBX 1,110 ($17.06) price target on the stock. Shares of Land Securities Group (LON: LAND) traded up 1.17% during mid-day trading on Monday, hitting GBX 992.50. Land Securities Group has a one year low of GBX 697.508 and a one year high of GBX 994.50. The stock’s 50-day moving average is currently... 

Harris Corp Now Covered by Stifel Nicolaus (HRS)

Stifel Nicolaus initiated coverage on shares of Harris Corp (NYSE: HRS) in a research report released on Monday morning, TheFlyOnTheWall.com reports. The firm issued a hold rating on the stock. “While we like the company’s capital deployment strategy, relatively high and growing exposure to commercial and international sales, and lack of exposure to big ticket U.S. weapons platforms, we expect revenue and margin declines over the next couple of years due to growing U.S. federal budget... 

Babcock International Group Stock Rating Reaffirmed by Liberum Capital (BAB)

Liberum Capital reiterated their hold rating on shares of Babcock International Group (LON: BAB) in a research note issued to investors on Monday, ARN reports. The firm currently has a GBX 1,050 ($16.14) target price on the stock. A number of other firms have also recently commented on BAB. Analysts at Westhouse Securities reiterated a neutral rating on shares of Babcock International Group in a research note to investors on Friday, May 17th. They now have a GBX 1,142 ($17.55) price target on the... 

Northrop Grumman Cor Price Target Increased to $70.00 by Analysts at JP Morgan Cazenove (NOC)

Northrop Grumman Cor (NYSE: NOC) had its target price boosted by JP Morgan Cazenove from $68.00 to $70.00 in a research note issued to investors on Monday, Stock Ratings Network reports. The firm currently has a neutral rating on the stock. Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein raised their price target on shares of Northrop Grumman Cor from $80.00 to $88.00 in a research note to investors on Monday. They now have a market... 
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