Wednesday, April 27, 2011

Lexmark (LXK) (NWBI) (ROP) (KNOL) Get Ratings Updates

Lexmark (NYSE:LXK), Northwest Bancshares (NASDAQ:NWBI), Roper Industries (NYSE:ROP) and Knology (NASDAQ:KNOL) all received ratings updates from several brokerages.

Lexmark (LXK) was downgraded by Citi (NYSE:C) from "Buy" to "Hold." According to Citigroup, the growth/margin trade-off has been yielding no EPS growth. Citigroup lowered its price target from $55 to $36.

Northwest Bancshares (NWBI) was downgraded by FBR from "Outperform" to "Market Perform." FBR Capital Markets cited valuation as the catalyst for the downgrade.

Roper Industries (ROP) has an "Equal-weight rating on it from Morgan Stanley. They are now viewed as reaching $88, according to Morgan Stanley. Higher sales is driving margin expansion, which resulted in estimates being boosted as well.

Knology (NASDAQ:KNOL) was upgraded by BWS Financial from "Hold" to "Buy." Knology was trading at $15.14, gaining $0.22, or 1.47 percent, as of 2:00 PM EDT.

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