Tuesday, December 20, 2011

Gerdau (GGB) (IPI) (EOG) (FPO) (RHT) (ONB) Ratings, Price Targets

Gerdau S.A. (NYSE: GGB), Intrepid Potash, Inc. (NYSE: IPI), EOG Resources (NYSE: EOG), First Potomac Realty (NYSE: FPO), Red Hat (NYSE: RHT) and Old National Bancorp (NYSE: ONB) ratings and price targets.

Gerdau S.A. (NYSE: GGB) was upgraded by Zacks Investment Research from an “Underperform” rating to a “Neutral” rating. They have a price target of $7.50 on the firm.

Intrepid Potash, Inc. (IPI) was upgraded by Scotia Capital from a “Sector Perform” rating to an “Outperform” rating.

EOG Resources (EOG) was downgraded by Scotia Capital from an “Outperform” rating to a “Sector Perform” rating.

First Potomac Realty (FPO) was downgraded by Keefe, Bruyette & Woods, Inc. from an “Outperform” rating to a “Market Perform” rating.

JPMorgan Chase & Co. (NYSE:JPM) reiterated its "Underweight" rating on Red Hat (RHT).

FIG Partners initiated coverage on Old National Bancorp (ONB). They have a “Market Perform” rating on the firm.

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