Analyst Action: New Stock Ratings
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Bloomberg News
Among the new stock ratings issued Monday by Wall Street analysts:
* Conoco Inc. (COC; close and change: $26.13, down 13 cents) was raised to “buy” from “hold” by CIBC World Markets.
* Cummins Engine (CUM; $62.81, up $1.31) was raised to “buy” from “market perform” by MidWest Research, with a 12-month target of $80.
* Horace Mann Educators (HMN; $27, up 50 cents) was downgraded to “market perform” from “buy” by Legg Mason Wood Walker.
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