Upgrades

VEECO INSTRS-DE (VECO) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of VEECO INSTRS-DE (VECO) from UNDERPERFORM to NEUTRAL on December 31, 2012, with a target price of $28.70. VEECO INSTRUMENTS INC. (DE) designs, manufactures, markets and services a broad line of precision beam etching and surface measurement systems used in the manufacture of microelectronic products […]

Stock Analysts

Another Generic Launch at Mylan (MYL) (RDY) (TEVA)

Mylan Inc. ( MYL ) recently announced that it has launched its generic version of Teva’s ( TEVA ) Nordette 28 Tablets (levonorgestrel and ethinyl estradiol – 0.15 mg and 0.03 mg). The company started shipping the product following the receipt of final US Food and Drug Administration (FDA) approval by its partner, Famy Care Ltd. […]

Stock Analysts

RHI Completes Holiday Program (MAN) (RHI)

Considering the holiday season, the world’s largest provider of skilled professionals Robert Half International, Inc. ( RHI ) distributed more than 14,000 toys and games, food and household items across North America through its annual holiday drive program. Robert Half has been running this program since 2006 and has provided more than 70,000 toys and other items to local Boys & Girls Clubs and other agencies, since then […]

Stock Analysts

Assurant Stays Neutral (AIZ) (CB) (L) (PFG)

We are reiterating our Neutral recommendation on the shares of Assurant Inc. ( AIZ ). While we expect long term out performance from the company, results in the near term will continue to be affected by micro as well as macro economic headwinds faced by its various business lines. […]

Stock Analysts

DeVry, Inc.: A Strong Buy (APOL) (DV)

Rising earnings estimates on the back of strong first-quarter fiscal 2013 results, which included a 58.1% earnings surprise, helped this diversified education provider DeVry, Inc. ( DV ) achieve a Zacks #1 Rank (Strong Buy) on December 29. […]

Downgrades

OAKTREE CAP GRP (OAK) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of OAKTREE CAP GRP (OAK) from OUTPERFORM to NEUTRAL on December 31, 2012, with a target price of $49.70. Oaktree Capital Group, LLC is an investment management firm focused on alternative markets. It specializes in credit and contrarian, value-oriented investing […]

Upgrades

PARK NATIONAL (PRK) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of PARK NATIONAL (PRK) from UNDERPERFORM to NEUTRAL on December 31, 2012, with a target price of $64.10. Park National Corporation is the bank holding company for The Park National Bank, The Richland Trust Company, Century National Bank, The First-Knox National Bank of Mount Vernon, United Bank, N.A., Second National Bank, The Security National Bank and Trust Company and The Citizens National Bank of Urbana. Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day […]

Upgrades

KKR & CO LP (KKR) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of KKR & CO LP (KKR) from NEUTRAL to OUTPERFORM on December 31, 2012, with a target price of $15.70. Kohlberg Kravis Roberts & Company provides a range of asset management services to its investors and provides capital markets services to its firm, its portfolio companies and its clients. The Company operates private equity funds that take either controlling or strategic minority ownership positions for long-term appreciation invests in leveraged loans, high-yield bonds and less liquid credit products and, on behalf of portfolio companies, arranges equity and debt financing and offers capital market advice. […]

Upgrades

GORMAN RUPP CO (GRC) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of GORMAN RUPP CO (GRC) from UNDERPERFORM to NEUTRAL on December 31, 2012, with a target price of $29.50. The Gorman-Rupp Company designs, manufactures and sells pumps and related equipment (pump and motor controls) for use in water, wastewater, construction, industrial, petroleum, original equipment, agricultural, fire protection, military and other liquid-handling applications. Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day . […]

Upgrades

TE CONNECT-LTD (TEL) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of TE CONNECT-LTD (TEL) from UNDERPERFORM to NEUTRAL on December 31, 2012, with a target price of $37.20. TE Connectivity Ltd., formerly known as Tyco Electronics Ltd., operates as a global provider of engineered electronic components network solutions and systems and wireless systems. The Company's engineered electronic components are applicable in consumer and industrial products, network solutions and systems are applicable in telecommunications and energy markets and wireless systems are applicable for critical communications, radar and defense applications. […]

Stock Analysts

Lockheed Gets $4.8B F-35 Contracts (BA) (GD) (LMT)

Lockheed Martin Corporation ( LMT ) was allotted three contracts worth $4.8 billion by the Naval Air Systems Command related to the F-35 Lightning II Joint Strike Fighter (“JSF”) program. The F-35 Lightning II is a family of single-seat, single-engine, fifth generation multi-role fighters that are designed for ground attack, reconnaissance, and air defense missions with stealth capability. […]

Stock Analysts

Another Client Win for Masimo (COV) (MASI)

Masimo Corporation ( MASI ), a leader in non-invasive monitoring technology, recently announced that the University of North Carolina (UNC) Hospitals in Chapel Hill have adopted Masimo SET pulse oximetry. This marks Masimo’s second client win in December, after Ogden Regional Medical Center standardized to Masimo’s rainbow pulse CO-Oximetry and sensor technologies. Earlier, the UNC Hospitals were using the pulse oximeter of Masimo’s competitor. […]