Upgrades & Downgrades

Format: 2015-08-29
Format: 15:20

Change in Ratings

Alon USA Partners rated new Neutral at Citigroup
Jan 08, 2013 | 8:10 AM EST

ALDW was initiated with a Neutral rating, Citigroup said. $20 price target. Big refining payout priced into mid cycle estimates. 

Bearish
Ameriprise downgraded at Credit Suisse
Jan 08, 2013 | 8:35 AM EST

AMP was downgraded from Outperform to Neutral, Credit Suisse said. $67 price target. Valuation call, as the stock is up 16% over the past two months. 

Bullish
Aptargroup upgraded at Baird
Jan 08, 2013 | 6:54 AM EST

ATR was upgraded from Neutral to Outperform, Robert Baird said. $58 price target. Acquisition should add to earnings and the company is cutting costs. 

 

Bearish
AutoZone downgraded at Morgan Stanley
Jan 08, 2013 | 8:15 AM EST

AZO was downgraded to Underweight from Equal-weight, Morgan Stanley said. $340 price target. Exposure to payroll tax expiration and slowing DIFM sales. 

Bearish
Baker Hughes downgraded at Sterne Agee
Jan 08, 2013 | 8:13 AM EST

BHI was downgraded to Neutral from Buy, Sterne Agee said. $46 price target. Limited near term catalysts and concerns over profitability in Latin America.

Bearish
Ball downgraded at Baird
Jan 08, 2013 | 6:56 AM EST

BLL was downgraded from Outperform to Neutral, Robert Baird said. Valuation call, based on a $48 price target. 

 

Celgene upgraded at Piper Jaffray
Jan 08, 2013 | 8:17 AM EST

CELG was upgraded to Overweight from Neutral, Piper Jaffray said. $111 price target. Successful pipeline reduces reliance on Revlimid. 

Bearish
DDR Corp. downgraded at Jefferies
Jan 08, 2013 | 8:10 AM EST

Shares of DDR downgraded to Hold from Buy, Jefferies said. $17 price target. Key catalyst has now occurred.

Deckers downgraded at Baird
Jan 08, 2013 | 6:58 AM EST

DECK was downgraded from Outperform to Neutral, Robert Baird said. $45 price target. Warmer winter weather could hurt Ugg sales. 

 

Bearish
EMC Corporation downgraded at William Blair
Jan 08, 2013 | 8:19 AM EST

EMC was downgraded to Market Perform from Outperform, William Blair said. Cyclical and secular headwinds to storage industry growth in 2013. 

Bearish
Emerson Electric downgraded at Morgan Stanley
Jan 08, 2013 | 8:10 AM EST

EMR was downgraded to Equal-weight, Morgan Stanley said. Valuation call, based on a $62 price targe. 

Bullish
Equity Residential upgraded at Jefferies
Jan 08, 2013 | 8:12 AM EST

Shares of EQR upgraded to Buy from Hold, Jefferies said. $64 price target. Transformational story gains momentum. Buy rating.

Bearish
Fusion- io downgraded at William Blair
Jan 08, 2013 | 8:27 AM EST

Shares of FIO downgraded to Market Perform from Outperform, William Blair said. Slower enterprise bookings and lackluster software growth.

Bearish
Genworth downgraded at Credit Suisse
Jan 08, 2013 | 8:36 AM EST

GNW was downgraded from Neutral to Underperform, Credit Suisse said. $7 price target. Valuation call, as the stock has doubled since the summer. 

Bullish
Highwood Properties upgraded at Jefferies
Jan 08, 2013 | 8:14 AM EST

Shares of HIW upgraded to Buy from Hold, Jefferies said. $40 price target. Beneficiary of improving suburban office fundamentals.

Bullish
MGM Resorts upgraded at Credit Suisse
Jan 08, 2013 | 8:31 AM EST

MGM was upgraded from Neutral to Outperform, Credit Suisse said. $17 price target. Estimates also increased, as the company is improving its balance sheet. 

MKS Instruments upgraded at Bank of America
Jan 08, 2013 | 8:23 AM EST

Shares of MKSI upgraded to Buy from Underperform, Bank of America said. $32 price target. Early cyclical leverage.

Bearish
Northrop Grumman downgraded at JP Morgan
Jan 08, 2013 | 8:07 AM EST

NOC was downgraded from Neutral to Underweight, JP Morgan said. Company trades at a 13% premium to its peers. 

Bearish
Och-Ziff downgraded at Goldman
Jan 08, 2013 | 8:28 AM EST

OZM was downgraded to Neutral, Goldman Sachs said. Company is seeing relatively sluggish asset flow trends. 

Bearish
Raytheon downgraded at JP Morgan
Jan 08, 2013 | 8:06 AM EST

RTN was downgraded from Overweight to Neutral, JP Morgan said. Valuation call, as the stock is up 23% over the past year.

Bearish
Senior Housing Properties downgraded at Jefferies
Jan 08, 2013 | 8:16 AM EST

Shares of SNH downgraded to Hold from Buy, Jefferies said. $24 price target. Wait and seen approach on RIDEA.

Bearish
Superior Energy Services downgraded to Sterne Agee
Jan 08, 2013 | 8:24 AM EST

Shares of SPN downgraded to Neutral from Buy, Sterne Agee said. $24 price target. Lack of near- term catalysts.

Bullish
FMC Technologies upgraded at Sterne Agee
Jan 08, 2013 | 8:29 AM EST

Shares of FTI upgraded to Buy from Neutral, Sterne Agee said. $56 price target. Margin inflection point expected in 2013.

Bullish
Ventas upgraded at Jefferies
Jan 08, 2013 | 8:17 AM EST

Shares of VTR upgraded to Buy from Hold, Jefferies said. $72 price target. Positive mix between defense and growth.

Stock Comments / EPS Changes

Amarin Corporation numbers lowered at Jefferies
Jan 08, 2013 | 8:19 AM EST

Shares of AMRN now seen reaching $26, Jefferies said. Estimates also lowered on incremental commercialization update. Buy rating.

Bullish
American Tower target raised at Oppenheimer
Jan 08, 2013 | 8:06 AM EST

Shares of AMT now seen reaching $90, Oppenheimer said. Well positioned to enable broadband services. Outperform rating.

Celgene numbers raised at Jefferies
Jan 08, 2013 | 8:21 AM EST

Shares of CELG now seen reaching $104, Jefferies said. Estimates also raised on strong 2013-2017 outlook. Buy rating.

Bullish
Cliffs Natural numbers boosted at BofA/Merrill
Jan 08, 2013 | 8:38 AM EST

Shares of CLF now seen reaching $39, according to Bank of America/Merrill Lynch. Estimates also upped, given higher expected iron ore prices. Neutral rating. 

Bullish
Eaton Corp. target raised at Oppenheimer
Jan 08, 2013 | 8:08 AM EST

Shares of ETN now seen reaching $63, Oppenheimer said. Expectation has runway into late 2013. Outperform rating.

Bullish
MetLife added to US Focus List at Credit Suisse
Jan 08, 2013 | 8:30 AM EST

MET was placed on the US Focus list, according to Credit Suisse. Stocks is already pricing in the worst-case scenario for 2013. 

Qualcomm estimates, target raised at Credit Suisse
Jan 08, 2013 | 8:33 AM EST

Shares of QCOM now seen reaching $75, according to Credit Suisse. Estimates also increased, as the company can expand its margins. Outperform rating. 

Qualcomm estimates, target raised at Credit Suisse
Jan 08, 2013 | 8:33 AM EST

Shares of QCOM now seen reaching $75, according to Credit Suisse. Estimates also increased, as the company can expand its margins. Outperform rating. 

Bearish
Yum Brands numbers cut at Credit Suisse
Jan 08, 2013 | 8:34 AM EST

Shares of YUM now seen reaching $77, according to Credit Suisse. Estimates also reduced, given lower realized sales in China. Outperform rating.

Bearish
Yum! Brands numbers cut at UBS
Jan 08, 2013 | 7:59 AM EST

Shares of YUM now seen reaching $69, UBS said. Estimates also lowered on lower China SSS forecasts. Neutral rating. 

Economics

Update
Consumer Credit
Jan 08, 2013 | 6:44 AM EST

3pm: Consumer credit, Nov., est. $13b (prior $14.16b)

Meetings

JP Morgan Healthcare Conf.
Jan 08, 2013 | 7:02 AM EST

JPMorgan Global Healthcare Conference (Day 3 of 5) - 01/06/13 - 01/10/13 San Francisco, CA

JP Morgan Tech Conf.
Jan 08, 2013 | 7:01 AM EST

JPMorgan Tech Forum at CES Conference - 01/08/13 Las Vegas, NV

Columnist Conversations

https://www.youtube.com/watch?v=q9xL_OVvPn0
The DBC is surging again today. Yesterday the commodity index jumped 3.6% closing above an overhead trend...
What is the purpose of Fed Transparency if it isn't too add some level of certainty? As Time Magazine wrote "...
Wish you had brought some cooler weather with you, we're in a sauna here.

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.