Piper Jaffray Downgrades Cooper Industries (CBE) to Neutral

May 21, 2012 1:34 PM EDT
Get Alerts CBE Hot Sheet
Price: $74.50 --0%

Rating Summary:
    3 Buy, 14 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 35 | Down: 31 | New: 11
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Piper Jaffray just downgraded shares of Cooper Industries (NYSE: CBE) from Overweight to Neutral.

Shares of Cooper are up more than 26 percent Monday afternoon following news of a $72/share offer from Eaton (NYSE: ETN).

For an analyst ratings summary and ratings history on Cooper Industries click here. For more ratings news on Cooper Industries click here.

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