NEW YORK ( TheStreet) -- CHANGE IN RATINGS
American Water Works (AWK) was upgraded to outperform from market perform, Wells Fargo said. $45 to $46 valuation range. Reasonable valuation prompts upgrade.
BlackRock (BLK) shares were downgraded to neutral from buy as the good news in priced in currently, said Citigroup. Price target remains $285.
ICU Medical (ICUI) was downgraded to Hold from Buy, Benchmark said. $69 price target. Valuation call.MGM (MGM) was upgraded to buy from neutral, Sterne Agee said. $19 price target. Evidence for a true Strip recovery. Tesla Motors (TSLA) was downgraded to neutral from buy, Goldman Sachs said. $61 price target. More balanced risk/reward.
Tumi (TUMI) shares were downgraded to neutral from buy based on limited upside to guidance and recent stock performance, said Citigroup. Price target remains $25. Viasat (VSAT) was upgraded from perform to outperform, Oppenheimer said. $65 price target. Company is in the early stages of a multi-year growth plan. STOCK COMMENTS/EPS CHANGES AOL (AOL) earnings estimates were increased on the first quarter beat, said UBS. The company is well positioned for top line growth and margin expansion. Activision Blizzard (ATVI) numbers were boosted at Credit Suisse. Shares are now seen reaching $20, according to Credit Suisse. Estimates also upped, given the company's new guidance. Outperform rating.
Axiall (AXLL) target and estimates were reduced to reflect higher ethylene costs and slow PVC demand, said Citigroup. Price target goes to $60. CenturyLink (CRL) earnings estimates were increased as growth in strategic services are expected to lead to stable revenue growth in 2014, said UBS.
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