Janney Montgomery Scott Downgrades ERII & INSU, Upgrades CWT

April 21, 2009 1:56 PM EDT

Janney Montgomery Scott made some rating changes today in the Water space. The firm downgraded Energy Recovery, Inc. (Nasdaq: ERII) from Buy to Neutral on valuation; Insituform Technologies Inc. (Nasdaq: INSU) was downgraded from Buy to Neutral saying near-term cyclicals risks crimping the long-term growth story; California Water Service Group (NYSE: CWT) was upgraded from Neutral to Buy, saying the company should post strong EPS growth in Q1.


Related Categories

Downgrades
Upgrades

Stocks Mentioned

CWT 36.16

-0.11 -0.30%
Volume: 16,820
Track CWT

ERII 5.53

-0.17 -2.98%
Volume: 43,191
Track ERII

INSU 21.21

+0.20 +0.95%
Volume: 32,996
Track INSU


Related Entities


Add Your Comment