This morning, UBS lowered its price target on shares of Halliburton (NYSE:HAL) to $49 as slowing domestic energy growth could hamper earnings. with the lower price target, UBS maintained its buy rating, but lowered its EPS estimates.
Shares of Halliburton were flat today, trading just below $34 per share.
Dahlman lowered its EPS estimates on shares of Baker Hughes (BHI) through 2013 as pricing has softened for pressure pumping. In the report, Dahlman maintained its buy rating, but set a new $50 price target.
Shares of BHI were higher on Thursday, gaining 0.7% despite the report.
And Piper Jaffray downgraded shares of Acuity Brands (NYSE:AYI) from overweight to neutral citing valuation. The stock is approaching the firm's $66 price target, leaving less upside for investors.
Shares of AYI were lower today, falling 0.6% on the news.
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