Matrix USA Rating Changes 9/15
Upgrades:
IDEX Corp. (NYSE: IEX) from Hold to Buy, citing a declining stock price; Hornbeck Offshore Services (NYSE: HOS) from Buy to Strong Buy, citing a declining stock price; IAC/InterActive Corp. (Nasdaq: IACID) from Hold to Buy, citing a declining stock price; Carrizo Oil & Gas (Nasdaq: CRZO) from Sell to Hold, citing a declining stock prices; Inverness Medical Innovations (NYSE: IMA) from Buy to Strong Buy, citing new financials 10Q;
Downgrades:
Nordstrom (NYSE: JWN) from Buy to Hold, citing new financials 10Q; Encore Capital Group (Nasdaq: ECPG) from Hold to Sell, citing a rising stock price; American Eagle Outfitters (NYSE: AEO) from Strong Buy to Buy, citing new financials 10Q; Tempur-Pedic Int'l (NYSE: TPX) from Strong Buy to Buy, citing a rising stock price; Geoeye (Nasdaq: GEOY) from Strong Buy to Hold, citing an analyst review;
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