Friday, January 13, 2012

Freeport (FCX) (AG) (GSM) (ED) (CNH) (NE) Ratings, Price Targets

Freeport McMoRan Copper and Gold (NYSE: FCX), First Majestic Silver (NYSE: AG), Globe Specialty Metals, Inc. (NYSE: GSM), Consolidated Edison, Inc. (NYSE: ED), CNH Global (NYSE: CNH) and Noble (NYSE: NE) ratings and price targets.

Freeport McMoRan Copper and Gold (FCX) was downgraded by Standpoint Research from a “Buy” rating to a “Hold” rating. They have a price target of $48.00 on the company.

First Majestic Silver (AG) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.

Globe Specialty Metals, Inc. (GSM) had its price target lowered by Auriga to $17.00. They have a “Buy” rating on the company.

Consolidated Edison, Inc. (ED) had its price target raised by Jefferies Group (NYSE:JEF) to $50.50. They have an “Underperform” rating on the company.

CNH Global (CNH) had its price target raised by Jefferies Group to $54.00. They have a “Hold” rating on the company.

Noble (NE) had its “Hold” rating reiterated by Canaccord Genuity.

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