Upgrades & Downgrades

Format: 2015-08-31
Format: 05:04

Change in Ratings

Bullish
Alliant Techsystems upgraded at Goldman
Nov 09, 2012 | 7:35 AM EST

ATK was upgraded from Neutral to Buy, Goldman Sachs said. $72 price target. Multiple headwinds have now passed and the company offers a 12% free cash flow yield. 

Cisco Systems downgraded at JP Morgan
Nov 09, 2012 | 7:31 AM EST

CSCO was downgraded from Overweight to Neutral, JP Morgan said. $17 price target. Enterprise headwinds are likely to intensify.

Bullish
Concho Resources upgraded at Goldman
Nov 09, 2012 | 7:32 AM EST

CXO was upgraded to Buy, Goldman Sachs said. Permian basin can drive near-term growth. $111 price target.

Bullish
Eagle Materials rated new Buy at Goldman
Nov 09, 2012 | 7:45 AM EST

EXP was initiated with a Buy rating, Goldman Sachs said. Company also placed on the Conviction List. $65 price target. Better wallboard and cement pricing can drive earnings upside. 

Fastenal upgraded at Baird
Nov 09, 2012 | 6:42 AM EST

FAST was upgraded from Neutral to Outperform, Robert Baird said. $51 price target. Risk/reward is attractive, given expected accelerated earnings growth. 

 

Bullish
FleetCor Technologies upgraded at Citigroup
Nov 09, 2012 | 8:05 AM EST

FLT was upgraded to Buy from Neutral, Citigroup said. $56 price target. Another beat and raise. 

Bullish
Forest Laboratories rated new Buy at Mizuho
Nov 09, 2012 | 6:46 AM EST

FRX was initiated with a Buy rating, Mizuho said. $45 price target. New products should help drive future growth. 

 

Groupon downgraded at Barrington
Nov 09, 2012 | 7:38 AM EST

GRPN was downgraded from Outperform to Market Perform, Barrington said. Poor international growth is weighing on results. 

 

Bullish
Health Net upgraded at Jefferies
Nov 09, 2012 | 8:28 AM EST

Shares of HNT upgraded to Hold from Underperfom, Jefferies said. $26 price target. Deal with California stems downside.

Allscripts downgraded at Piper
Nov 09, 2012 | 7:26 AM EST

MDRX was downgraded from Neutral to Underweight, Piper Jaffray said. $7 price target. Bookings are accelerating downward and margins are stagnant. 

Bullish
3M upgraded at Nomura
Nov 09, 2012 | 7:36 AM EST

MMM was upgraded from Reduce to Neutral, Nomura said. $96 price target. Prioritization strategy can help drive near-term growth. 

Bullish
Molina Healthcare upgraded at Jefferies
Nov 09, 2012 | 8:29 AM EST

Shares of MOH upgraded to Hold from Underperform, Jefferies said. $24 price target. Expecting CA deal soon.

Microsemi downgraded at Needham
Nov 09, 2012 | 7:30 AM EST

MSCC was downgraded from Strong Buy to Buy, Needham said. $24 price target. Company reduced its guidance. 

 

Bank of the Ozarks upgraded at Sterne Agee
Nov 09, 2012 | 8:17 AM EST

OZRK was upgraded from Neutral to Buy, Sterne Agee said. $35 price target. Company can help consolidate the industry and outperform in a weak macro environment. 

Palo Alto rated new Neutral at BofA/Merrill
Nov 09, 2012 | 7:25 AM EST

Coverage of PANW was started with a Neutral rating, Bank of America/Merrill Lynch said. $65 price target. Company is facing increased competition. 

Retail Properties of America downgraded at Citigroup
Nov 09, 2012 | 8:07 AM EST

RPAI was downgraded to Neutral from Buy, Citigroup said. $13 price target. Trading closer to peers after rally.

Tumi Holdings rated new Buy at Citigroup
Nov 09, 2012 | 7:58 AM EST

TUMI was initiated with a Buy rating, Citigroup said. $26 price target. Operating margin upside potential. 

Update
WPX Energy rated new Hold at Deutsche
Nov 09, 2012 | 7:27 AM EST

WPX was initiated with a Hold rating, Deutsche Bank said. $19 price target. Company trades at a discount to its peers, but management needs to execute more consistently. 

Stock Comments / EPS Changes

Bullish
ADT added to US Focus List at Credit Suisse
Nov 09, 2012 | 7:52 AM EST

ADT was placed on the US Focus list, Credit Suisse said. $48 price target. Company can add leverage to fund growth. 

Bearish
Babcock & Wilcox numbers reduced at Credit Suisse
Nov 09, 2012 | 7:58 AM EST

Shares of BWC now seen reaching $29, according to Credit Suisse. Estimates also cut, as the company will spend more for environmental retrofitting. Neutral rating. 

Copano Energy numbers raised at UBS
Nov 09, 2012 | 8:12 AM EST

Shares of CPNO now seen reaching $30, UBS said. Estimates also increased on upbeat Q3. Neutral rating. 

Cisco numbers cut at Citigroup
Nov 09, 2012 | 8:04 AM EST

Shares of CSCO now seen reaching $20, Citigroup said. Estimates also lowered on weaker macro. 

Bullish
Dean Foods numbers increased at BMO
Nov 09, 2012 | 8:19 AM EST

DF estimates were raised through 2013, BMO Capital said. Company is performing well across the board. Outperform rating and new $23 price target. 

Bearish
Disney estimates, target reduced at Lazard
Nov 09, 2012 | 7:51 AM EST

Shares of DIS now seen reaching $59, according to Lazard. Estimates also reduced, as the LucasFilm purchase will cut into earnings. Buy rating. 

Bullish
Energizer estimates, target upped at BMO
Nov 09, 2012 | 8:21 AM EST

ENR estimates were boosted through 2014, BMO Capital said. Company is cutting costs. Outperform rating and new $88 price target.

Bullish
EOG numbers raised at Jefferies
Nov 09, 2012 | 8:30 AM EST

Shares of EOG now seen reaching $142, Jefferies said. Estimates also raised on third quarter earnings. Buy rating.

Bullish
Home Depot numbers raised at Jefferies
Nov 09, 2012 | 8:32 AM EST

Shares of HD now seen reaching $56, Jefferies said. Estimates also raised on comp store sales boost. Hold rating.

Bullish
International Game numbers boosted at Credit Suisse
Nov 09, 2012 | 7:55 AM EST

Shares of IGT now seen reaching $14, according to Credit Suisse. Estimates also upped, given the company's new guidance. 

Bullish
Kellogg estimates raised at Citigroup
Nov 09, 2012 | 8:02 AM EST

K estimates increased through 2013, Citigroup said. $64 price target. Upbeat analyst day presentation. 

Lam Research numbers raised at Credit Suisse
Nov 09, 2012 | 7:59 AM EST

Shares of LRCX now seen reaching $43, according to Credit Suisse. Estimates also increased, as the company can gain market share and boost margins. Outperform rating. 

Bearish
McDonald's estimates cut at UBS
Nov 09, 2012 | 8:10 AM EST

MCD estimates lowered through 2013, UBS said. $96 price target. Weaker October sales and currency. 

NVIDIA numbers lowered at Oppenheimer
Nov 09, 2012 | 8:34 AM EST

Shares of NVDA now seen reaching $17, Oppenheimer said. Estimates also lowered on strong 3Q sales. Outperform rating.

Bearish
SandRidge Energy numbers lowered at UBS
Nov 09, 2012 | 8:15 AM EST

Shares of SD now seen reaching $6, UBS said. Estimates also lowered as FCF defecits persist. 

Strategy Calls / Market Calls

Bearish
Coal Sector downgraded at Goldman
Nov 09, 2012 | 7:48 AM EST

Coal sector was downgraded from Attractive to Neutral, Goldman Sachs said. Stocks are already pricing in a 2013 recovery. SXC and CNX remain the top picks.

Bearish
S&P 500 target cut at Deutsche
Nov 09, 2012 | 7:49 AM EST

Year-end SPX target was lowered to 1,450, Deutsche Bank said. Fears of a dividend tax hike could weigh on investors. 

Economics

Update
Import Prices
Nov 09, 2012 | 6:10 AM EST

8:30am: Import Price Index M/m, Oct. est. 0.0% (prior 1.1%)

Update
U of Mich. Consumer Confidence
Nov 09, 2012 | 6:11 AM EST

9:55am: U. of Michigan Conf., Nov. est. 83.0 (prior 82.6)

Update
Wholesale Inventories
Nov 09, 2012 | 6:13 AM EST

10am: Wholesale Inventories, Sept. est. 0.4% (prior 0.5%)

Meetings

Update
EL Investor Mtg.
Nov 09, 2012 | 6:48 AM EST

The Estée Lauder Companies Inc. Annual Shareholder Meeting - 10AM

Columnist Conversations

Extreme fear last week caused record outflows from equity funds, according to the latest data. This has made s...
Infnat formula maker Mead Jonhson Nutrition (MJN) saw a 15,000 share insider purchase at an average price of $...

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.