Constellation (CEG) (SNHY) (VHS) (EXPR) (MG) (CPTS) Get New Coverage

Constellation Energy Group (NYSE: CEG), Sun Hydraulics Co. (NASDAQ: SNHY), Vanguard Health Systems (NYSE: VHS), Express, Inc. (NASDAQ: EXPR), Mistras Group Incorporated (NYSE: MG) and Conceptus, Inc. (NASDAQ: CPTS) have coverage initiated on them by analysts.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on Constellation Energy Group (CEG). They placed a “Market Perform” rating on the company.

Piper Jaffray (NYSE:PJC) initiated coverage on Sun Hydraulics Co. (SNHY). They placed a “Neutral” rating and a price target of $33.00 on the company.

Citigroup (NYSE:C) initiated coverage on Vanguard Health Systems (VHS). They placed a “Buy” rating on the company.

Wedbush initiated coverage on Express, Inc. (NASDAQ: EXPR). They placed an “Outperform” rating and a price target of $28.00 on the company.

Piper Jaffray initiated coverage on Mistras Group Incorporated (MG). They placed an “Overweight” rating and a price target of $24.00 on the company.

Summer Street initiated coverage on Research Conceptus, Inc. (CPTS). They placed a “Neutral” rating on the company.

Ratings on (SNHY) (SPWRA) (TI) (WMG) Downgraded

Ratings on shares of Sun Hydraulics Co. (NASDAQ: SNHY), SunPower Co. (NASDAQ: SPWRA), Telecom Italia (NYSE: TI) and Warner Music Group Corp (NYSE: WMG) were downgraded by analysts.

Robert W. Baird downgraded Sun Hydraulics Co. (SNHY) from an “outperform” rating to a “neutral” rating. They have a price target of $52.00 on the company, up from $47.00.

Brigantine downgraded SunPower Co. (SPWRA) from a “buy” rating to a “hold” rating.

Sanford C. Bernstein downgraded Telecom Italia (TI) from an “outperform” rating to a “market perform” rating.

Needham & Company downgraded Warner Music Group Corp (WMG) from a “buy” rating to a “hold” rating.