Investment Analysts’ updated eps estimates for Friday, December 7th:

Brenntag (OTCMKTS:BNTGF) was downgraded by analysts at Jefferies Financial Group Inc from a buy rating to a hold rating.

Barratt Developments (OTCMKTS:BTDPF) was upgraded by analysts at Liberum Capital from a hold rating to a buy rating.

Fresenius Medical Care AG & Co. (NYSE:FMS) had its neutral rating reaffirmed by analysts at DZ Bank AG.

Fresenius SE & Co KGaA (FRA:FRE) had its neutral rating reissued by analysts at DZ Bank AG.

IMI PLC/S (OTCMKTS:IMIAY) was downgraded by analysts at Credit Suisse Group AG from a neutral rating to an underperform rating.

Leoni (OTCMKTS:LNNNF) was downgraded by analysts at HSBC Holdings plc from a buy rating to a hold rating.

Momo (NASDAQ:MOMO) was downgraded by analysts at Citigroup Inc from a buy rating to a neutral rating.

MTU AERO ENGINE/ADR (OTCMKTS:MTUAY) was upgraded by analysts at HSBC Holdings plc from a hold rating to a buy rating.

Trend Micro (OTCMKTS:TMICY) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “Trend Micro Incorporated is engaged in providing endpoint, messaging and Web security software and services. It develops security solutions that protects against a wide range of insidious threats and combined attacks including viruses, spam, phishing, spyware, botnets, and other Web attacks, including data-stealing malware. With Trend Micro, Smart Protection Network, the Company combines Internet-based technologies with smaller, lighter weight clients to stop threats. The Company operates a global network of datacenters combined with automated and manual threat correlation systems to provide customers with a real-time feedback loop of round-the-clock threat intelligence and protection. It helps in exchanging digital information by offering a comprehensive array of customizable solutions to enterprises, small and medium businesses, individuals, service providers and OEM partners. Trend Micro Incorporated is headquartered in Tokyo, Japan. “

Tesco (OTCMKTS:TSCDY) was upgraded by analysts at BNP Paribas from an underperform rating to a neutral rating.

TechTarget (NASDAQ:TTGT) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “TECHTARGET, a leading online Information Technology media company, provides IT companies with ROI-focused marketing programs to generate leads, shorten sales cycles, and grow revenues. The company is also a leading provider of independent, peer and vendor content, a leading distributor of white papers, and a leading producer of vendor-sponsored Webcasts and Podcasts for the IT market. Its Web sites are complemented by numerous invitation-only events and two magazines. TechTarget provides proven lead generation and branding programs to numerous advertisers including Cisco, Dell, EMC, HP, IBM, Intel, Microsoft, SAP and Symantec. “

Tyler Technologies (NYSE:TYL) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Tyler Technologies, Inc. is engaged in providing integrated information management solutions and services to the public sector. It provides software products and services; professional IT services; subscription-based services; property appraisal outsourcing services. Its products generally automate three major functional areas (1) financial management and education, (2) courts and justice and (3) property appraisal and tax. Tyler operates in two reportable segments: Enterprise Software Solutions (ESS) and Appraisal and Tax Software Solutions and Services. The Enterprise Software Solutions (ESS) segment provides software systems to municipal and county governments and schools. The Appraisal and Tax Software Solutions and Services segment provides systems and software that automate the appraisal and assessment of real and personal property as well as property appraisal outsourcing services for local governments and taxing authorities. Tyler Technologies, Inc. is headquartered in Dallas, Texas. “

United Bankshares (NASDAQ:UBSI) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “United Bankshares, Inc. is a bank holding company whose business is the operation of its bank subsidiaries. All of United’s subsidiary banks are full-service commercial banks. Included among the banking services offered are the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, commercial, floor plan and student loans; and the making of construction and real estate loans. Also offered are individual retirement accounts, safe deposit boxes, wire transfers and other standard banking products and services. “

UPM-Kymmene (OTCMKTS:UPMKY) was downgraded by analysts at Zacks Investment Research from a hold rating to a sell rating. According to Zacks, “UPM-Kymmene Corporation is a global paper and forest products company. The Company is engaged in the production of paper, with an emphasis on the manufacture and sale of printing and writing papers. UPM is known as a modern and focused forest industry company. It consists of three Business Groups: Energy and Pulp, Paper, and Engineered Materials. The company’s main market areas are Europe and North America. UPM’s activities are centered in the European Union countries and North America, and Asia. The Company’s activities are based on close integration of raw materials, energy and production. Its vision is to be the front-runner in the new forest industry and to create value by offering competitive products and services to customers worldwide. “

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