FirstEnergy (FE - Get Report) was downgraded to sector perform at RBC Capital. $33 price target. The company is facing stiff regulatory pressure and will likely have to sell $2 billion of new equity, RBC said.
FirstEnergy was also downgraded by Jefferies, to hold from buy. $35 price target. The company is facing regulatory issues and may need to issue more equity, Jefferies said.
Service Corp. (SCI) was upgraded to outperform from neutral at Credit Suisse. $32 price target. The company is seeing higher revenue and faces fewer operational challenges ahead, Credit Suisse said.
Whiting Petroleum (WLL - Get Report) was downgraded to sector perform from outperform at RBC Capital. $12 price target. The valuation is less attractive, as the company continues to have high capital spending, RBC said.