As General Motors (GM) begins trading again today, Buckingham Research downgraded shares of Ford (F) from buy to neutral citing valuation. Shares have climbed more than 35% since the beginning of October and are currently at a seven year high.
In morning trading, shares of Ford are lower, off 1.9% so far today.
And Credit Suisse downgraded shares of Eaton Vance (EV) from outperform to neutral as organic growth could slow as bond funds struggle. With the downgrade, Credit Suisse maintained its $36 price target.
Shares of Eaton Vance were higher despite the downgrade, gaining 2.1% this morning.
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