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Wednesday, December 14, 2011

Invesco (IVR) (FLT) (MO) (FCS) (FELE) (FIO) Ratings, Price Targets

Invesco Mortgage Capital Inc. (IVR), FleetCor Technologies, Inc. (FLT), Altria Group (MO), Fairchild Semiconductor International (FCS), Franklin Electric Co. (FELE) and Fusion-Io Inc. (FIO) ratings and price targets.

Keefe, Bruyette & Woods, Inc. downgraded Invesco Mortgage Capital Inc. (IVR) from an “Outperform” rating to a “Market Perform” rating.

Citigroup (NYSE:C) raised its price target on FleetCor Technologies, Inc. (FLT) to $32.00. They have a “Neutral” rating on the company.

Stifel Nicolaus downgraded Altria Group (MO) from a “Buy” rating to a “Hold” rating.

Zacks Investment Research upgraded Fairchild Semiconductor International (FCS) from an “Underperform” rating to a “Neutral” rating.

Zacks Investment Research upgraded Franklin Electric Co. (FELE) from a “Neutral” rating to an “Outperform” rating.

FBN Securities initiated coverage on Fusion-Io Inc. (FIO). They placed a “Sector Perform” rating on the company.

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