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.