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Equity Briefing: Upgrades and Downgrades for July 16th: VNTV, VRSK, WFC, WNS, WR, XOM
A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network and Equity Briefing:
SunTrust initiated coverage on shares of Vantiv Inc (NASDAQ: VNTV). They issued a buy rating on the stock.
William Blair initiated coverage on shares of Verisk Analytics Inc (NASDAQ: VRSK). They issued an outperform rating on the stock.
Sterne Agee upgraded shares of Wells Fargo & Co. (NYSE: WFC) from a neutral rating to a buy rating.
Oppenheimer upgraded shares of WNS Holdings Ltd (NYSE: WNS) from a market perform rating to an outperform rating. Oppenheimer now has a $12.50 price target on the stock.
Argus downgraded shares of Westar Energy, Inc. (NYSE: WR) from a buy rating to a hold rating. They noted that the move was a valuation call.
Deutsche Bank downgraded shares of Exxon Mobil (NYSE: XOM) from a buy rating to a hold rating. They noted that the move was a valuation call.
Nomura downgraded shares of Yara International ASA (NASDAQ: YARIY) from a neutral rating to a reduce rating.
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