Analysts' Actions: DVN, EOG, LOW, HTZ
NEW YORK (TheStreet) -- CHANGE IN RATINGS
Air Lease Corp. (AL) was initiated with a Sell rating at TheStreet Ratings.
Align Technology (ALGN) was initiated with a Buy rating at Cantor Fitzgerald. $37 price target. Company has a competitive advantage in a fast-growing market, Cantor said.
Berry Petroleum (BRY) was initiated with an Outperform rating at Barrington. $50 price target. Company has attractive oil reserves and can generate solid production growth over the coming years, Barrington said.
Avis Budget (CAR) was initiated with an Overweight rating at Morgan Stanley. Valuation call based on a $22 price target, Morgan Stanley said. Devon Energy (DVN) was downgraded at Wells Fargo from Outperform to Market Perform. Company lacks a niche to differentiate itself from its peers, Wells Fargo said. EOG Resources (EOG) was upgraded at Wells Fargo from Market Perform to Outperform. Company continues to execute well, Wells Fargo said. First American Financial (FAF) was upgraded to Buy at TheStreet Ratings. Forum Energy Technologies (FET) was initiated with a Buy rating at Citigroup. $29 price target. Market conditions support top-line growth, Citigroup said. Forum Energy was initiated with an Outperform rating at FBR Capital Markets. $28 price target. Company has a solid balance sheet and can generate compelling earnings growth, FBR said. Hancock (HBHC) was upgraded at Stifel Nicolaus from Hold to Buy. Valuation call, based on a $36 price target, Stifel Nicolaus said. Hertz Global (HTZ) was initiated with an Overweight rating at Morgan Stanley. $17 price target. Company is leveraged to better price trends for used cars, Morgan Stanley said. Humana (HUM) was upgraded at Wells Fargo from Market Perform to Outperform. Company is leveraged to continued growth of Medicare Advantage, Wells Fargo said. Intercontinental Exchange (ICE) was upgraded at JP Morgan from Neutral to Overweight. Open interest is recovering in Europe, and natural gas volume should rebound, JP Morgan said. $144 price target. Knight Transportation (KNX) was downgraded at Keybanc from Buy to Hold. Checks suggest that industry growth is slow but stable, Keybanc said. Lowe's (LOW) was downgraded at Piper Jaffray from Overweight to Neutral. $28 price target. Company is seeing lower remodeling demand than expected, Piper Jaffray said. LyondellBasell (LYB) was initiated with an Outperform rating at Credit Suisse. $60 price target. Long-term fundamentals remain positive, despite a recent dip in the stock, Credit Suisse said.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV