CSR (CSRE), ExlService (EXLS), U.S. Bancorp (USB), Steel Dynamics (STLD), CONSOL Energy (CNX) and AK Steel (AKS) were upgraded or downgraded by analysts.
CSR (CSRE) upgraded to Overweight from Neutral at JP Morgan.
ExlService (EXLS) upgraded to Outperform from Market Perform at Wells Fargo.Wells Fargo upgraded ExlService citing valuation and improvement in the pace of business process outsourcing transactions. The firm raised its target range for shares to $28-$30 from $24-$27.
U.S. Bancorp (USB) downgraded to Neutral from Buy at Citigroup.Citigroup downgraded U.S. Bancorp citing valuation but raised its price target for shares to $30 from $27.
Steel Dynamics (STLD) initiated with a Buy at Deutsche Bank Target $19
CONSOL Energy (CNX) initiated with a Buy at Deutsche Bank Target $50.
AK Steel (AKS) downgraded to Hold from Buy at Deutsche Bank.Deutsche Bank downgraded AK Steel citing valuation and continued concerns over the company's financial profile. The firm lowered its price target for shares to $10 from $13
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