NEW YORK (
CHANGE IN RATINGS
downgraded at Nomura from Buy to Neutral, Nomura said. Valuation call, based on an $8 price target.
Apollo Global Management
initiated at Oppenheimer as Perform. Distributable earnings from 2005-2008 will drive stock performance.
rated new Hold at Keybanc. Valuation call.
downgraded at Nomura to Reduce, Nomura said. $22 price target. Company is facing lower prices and higher costs.
upgraded at Citigroup to Buy from Neutral, Citigroup said. $79 price target. Stock has underperformed the S&P since 2011.
initiated at Oppenheimer. Unsure much growth in 2013 and 2014.
upgraded at DA Davidson from Neutral to Buy, DA Davidson said. $2.05 price target. Company's spectrum holds compelling value.
(COF - Get Report)
rated new Outperform at Robert Baird. $70 price target. Company can deliver better returns with less net interest margin pressure.
downgraded at Jefferies to Hold from Buy, Jefferies said. $41 price target. Comps decelerating.
Dollar Tree downgraded at Piper from Overweight to Neutral, Piper Jaffray said. $46 price target. Comp trends are slowing down.
downgraded at Wells from Outperform to Market Perform, Wells Fargo said. Company was also removed from the Priority Stock list. Valuation call, as the stock is up 54% year-to-date.
(GE - Get Report)
rated new Buy at Deutsche. $26 price target. Company is more sensitive to an economic recovery.
rated new Buy at Deutsche. $72 price target. Industrial economy is likely heading into the second half of an expansion cycle.
downgraded at BofA/Merrill to Neutral, Bank of America/Merrill Lynch said. $46 price target. Company is producing at the low end of expectations.
downgraded at Drexel Hamilton from Hold to Sell, Drexel Hamilton said. Investors should book profits, following Carl Icahn's bid for the company.
rated new Outperform at BMO Capital. $45 price target. Deepwater acquisition should drive near-term growth.
downgraded at Citigroup to Sell from Buy, Citigroup said. $25 price target. Further demand deterioration of PCs.