NEW YORK ( TheStreet) -- CHANGE IN RATINGS:
ADT (ADT) rated new outperform at William Blair. $57 price target. Company is cutting costs and buying back stock.
American International (AIG) downgraded at Wells from outperform to market perform. Company lacks near-term catalysts.
Bemis (BMS) upgraded at Keybanc from hold to buy. $40 price target. Company can outperform its peers over the coming quarters.Cullen/Frost (CFR) downgraded at JP Morgan to underweight. Industry lacks near-term catalysts. City National (CYN) downgraded at JP Morgan to neutral. Company is leveraged to slower growth in the first half of the year. Con-Way (CNW) upgraded to buy at TheStreet Ratings. EMC (EMC) downgraded at Morgan Stanley to equal-weight. Growth is slowing in the storage market. Gencor Industries (GENC) downgraded to hold at TheStreet Ratings. Hertz (HTZ) downgraded at Morgan Stanley from overweight to underweight. $18 price target. Company is leveraged to lower used car prices. Huntsman (HUN) downgraded at UBS to neutral from buy. $18 price target. Recent price appreciation increases above our valuation. Legg Mason (LM) downgraded at KBW from outperform to market perform. $29 price target. Expect continued outflows from the equity business. MGM Resorts (MGM) downgraded at Nomura from buy to neutral. $13.50 price target. Valuation call, as the stock is up 40% over the past two months. Altria (MO) upgraded at Stifel from hold to buy. $36 price target. Stock is attractive, following a recent pullback. Microsoft (MSFT) downgraded at Morgan Stanley to equal-weight. Windows 8 has been disappointing and the PC market will remain weak. Olin (OLN) rated new hold at Dahlman. Stock is pricing in improving profitability. Penn National (PENN) downgraded at Lazard to neutral. Valuation call, given slower regional gaming trends. Silgan (SLGN) downgraded at Keybanc from buy to hold. Core metal food can business could continue to struggle. St. Jude (STJ) downgraded at BMO to market perform. $40 price target. Company lacks near-term catalysts. Tronox (TROX) downgraded at UBS to neutral from buy. $21 price target. Near term headwinds and recent stock appreciation spur downgrade. Whitewave Foods (WWAV) rated new outperform at Credit Suisse. $19 price target. Company is a market leader and can generate solid growth over the next couple of years.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All 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.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV