This morning, Bank of America downgraded shares of Eaton Vance (NYSE:EV) from buy to neutral as fund flows are slowing this quarter. With the downgrade, Bank of America lowered its EPS estimates and set a $30 price target.
Shares of Eaton Vance are ticking slightly higher today, trading up to $27.71 this morning.
Baird downgraded shares of Generac (NYSE:GNRC) from outperform to neutral citing valuation. In the report, Baird maintained its price target of $28 per share.
In morning trading, shares of GNRC were lower, off about 1% so far today.
And Sterne Agee downgraded shares of Hasbro (NASDAQ:HAS) from buy to neutral as rising inventory levels are concerning. With the downgrade, the firm reduced its EPS estimates and set a $41 price target.
Shares of Hasboro were lower on Wednesday, off 1% on the news.
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