This morning, Bank of America downgraded shares of Eaton Vance (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 (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 (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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