Stocks Moving On Analyst Actions

Dover (DOV) was started with a Neutral rating at Goldman Sachs, and shares nosed down less than 1%. Goldman placed an $88 price target on the shares of the diversified manufacturer. In afternoon trade, DOV was off 0.33% to $81.20.

Insulet (PODD) was started with a buy rating at Sterne Agee. Shares fell less than 1%. vSterne Agee set a $61 price target on the medical device maker. PODD was down 0.70% to $49.83 in afternoon trading.

Keryx (KERX) was started with a buy rating at Mizuho Securities, and shares declined slightly. Mizuho put a $25 price target on the stock. In afternoon trading, KERX was off 0.60% to $14.92.

ConAgra Foods (CAG) received a downgrade to Neutral from Buy at Goldman Sachs, which also cut its price target on the food producer to $31 from $33.  In mid-day trade, CAG was up 0.20% to $30.05 in a 52-week range of $28.09 – $37.28.

Blackberry, the secure mobile phone and data company, was raised to Underperform from Sell on Friday by Credit Agricole. Shares in the company were last down 0.2% at $9.39. The 52-week range remains $5.44 to $16.82.

Earlier, the Wall Street Journal reported the White House is testing smartphones from Samsung and LG for internal use, which could take away some of the last high-profile accounts for Blackberry. The company also said Friday that it’s selling the majority of its real-estate holdings in Canada.

Source: Equities Focus


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