As General Motors (NYSE:GM) begins trading again today, Buckingham Research downgraded shares of Ford (NYSE: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 (NYSE: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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