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Fly News Breaks for June 19, 2015
ZOES, PSA, LMNS, FNSR, CXW, BMRN, BP, AIT
Jun 19, 2015 | 10:00 EDT
Today's noteworthy downgrades include: Applied Industrial (AIT) downgraded to Underperform from Neutral at Longbow... BP (BP) downgraded to Sector Perform from Outperform at RBC Capital... BioMarin (BMRN) downgraded to Neutral from Outperform at Baird... Corrections Corp. (CXW) downgraded to Neutral from Outperform at Macquarie... Finisar (FNSR) downgraded to Outperform at Raymond James... Lumenis (LMNS) downgraded to Underperform from Outperform at Credit Suisse... Public Storage (PSA) downgraded to Hold from Buy at Cantor... Zoe's Kitchen (ZOES) downgraded to Neutral from Overweight at Piper Jaffray.
News For AIT;BP;BMRN;CXW;FNSR;LMNS;PSA;ZOES From the Last 2 Days
PSA
Mar 28, 2024 | 04:47 EDT
Raymond James analyst Jonathan Hughes double upgraded Public Storage to Strong Buy from Market Perform with a $330 price target. The analyst believes the company's recent revenue growth outperformance can be sustained versus peers due to more rent upside after less-aggressive rate increases over the past several years. The firm also expects Public Storage's revenue growth to inflect positively by mid-year, likely sooner than peers.