Business

ADM, EMC, Fortune, First Ind. ratings changed

Posted October 10, 2010 11:00 pm

Bloomberg News

The following is a list of stocks, on which analysts changed their ratings or began coverage today. The stock symbols are listed in parentheses after the companies' names.

-- Archer-Daniels-Midland Co (ADM US) was downgraded to "Hold" from "Buy" at Deutsche Bank by equity analyst Christina Mcglone. The 12-month target price is $36.00 per share.

-- EMC Corp/Massachusetts (EMC US) was raised to "Buy" from "Hold" at Deutsche Bank by equity analyst Christopher Whitmore. The 12-month target price is $25.00 per share. Locally, EMC has operations in Lisle.

-- Deerfield-based Fortune Brands Inc (FO US) was downgraded to "Neutral" from "Outperform" at Robert Baird by equity analyst Peter Lisnic. The 12-month target price is $60.00 per share.

-- Chicago-based First Industrial Realty Trust Inc (FR US) was rated new "Underweight" at JPMorgan by equity analyst Michael Mueller.

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