Brady (NYSE:BRC) reported quarterly earnings of $0.70 per share which met the analyst consensus estimate. This is a 32.08 percent increase over earnings of $0.53 per share from the same period last year. The company reported quarterly sales of $306.13 million which beat the analyst consensus estimate of $300.46 million by 1.89 percent. This is a 21.60 percent increase over sales of $251.74 million the same period last year.
Morgan Stanley Downgrades Wells Fargo to Equal-Weight, Lowers Price Target to $46
Morgan Stanley analyst Betsy Graseck downgrades Wells Fargo (NYSE:WFC) from Overweight to Equal-Weight and lowers the price target from $49 to $46.