Barnes Group, Inc. (B) Reports In-Line Q2 EPS; Boosts FY14 EPS Outlook

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Deutsche Bank Downgrades Barnes Group (B) to Hold

July 29, 2014 6:56 AM EDT

Deutsche Bank downgraded Barnes Group (NYSE: B) from Buy to Hold with a price target of $40.00 (from $46.00).

Analyst Amit Mehrotra said, "The revision reflects several observations from Barnes' 2Q results that make us less bullish on the stock's mid term outlook, specifically: 1) lackluster organic growth... More