Notable Downgrades: OSI Systems, Inc. (OSIS), Finisar Corp. (FNSR), Emerge Energy Services LP (EMES)

Oppenheimer reported on Tuesday that they have lowered their rating for OSI Systems, Inc. (OSIS). The firm has downgraded OSIS to a ‘Perform’ rating from an ‘Outperform’ rating, noting it does not see adequate share price appreciation in the medium term to merit an ‘Outperform’. Shares of OSI Systems recently declined 3.1% to $67.70. The stock is up more than 270% this year but has fallen roughly 7% over the past 12 months. OSI System’s shares closed at $69.76 at the end of Friday’s Nas trading session.

Finisar Corp. (FNSR) was downgraded by Jefferies analysts to ‘Hold’ from ‘Buy’ rating Tuesday. Finisar Corp. shares were down 5.12% at $19.27 in early trading hours, moving within a 52-week range of $18.96 to $28.85. Finisar’s shares closed at $20.31 at the end of Friday’s Nas trading session. FNSR has a negative one-year return of about 6% and a negative year-to-date return of around 19.54%.

Robert W. Baird just downgraded Emerge Energy Services LP (EMES) to ‘Neutral’ from ‘Outperform’. EMES is up more than 208% this year and has risen roughly 373% over the past 12 months. RWB said it remains positively biased on the company’s strong fundamentals. EMES is trading 5.33% lower this morning at $136.51.

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