NEW YORK (TheStreet) -- CHANGE IN RATINGS
AES (AES) downgraded at UBS from Buy to Neutral, UBS said. $14 price target. Valuation call, as the stock is up 24% year-to-date.
Boston Scientific (BSX) upgraded at Wells from Market Perform to Outperform, Wells Fargo said. Stock is attractively valued as the pipeline should drive positive sales growth in 2014.
Cablevision (CVC) downgraded at Citi from Buy to Neutral, Citigroup said. $17 price target. Cash flow contraction is eroding value.Forest Laboratories (FRX) rated new Underperform at BMO. $27 price target. Expect another earnings trough in 2015 to 2017. Granite Construction (GVA) upgraded at Goldman from Sell to Neutral, Goldman Sachs said. $28 price target. No longer see downside to earnings expectations. Limited Brands (LTD) downgraded at BMO from Buy to Neutral, BMO Capital said. Buy-side earnings expectations may prove to be optimistic. Micron (MU) downgraded at JMP from Outperform to Market Perform, JMP Securities said. Valuation call, as the stock is already factoring in higher memory pricing.
Rent-A-Center (RCII) downgraded at Canaccord from Buy to Hold, Canaccord Genuity said. Core RTO business remains weak. $37 price target. American Realty Capital Properties (ARCP) was upgraded to hold at TheStreet Ratings. Tesla Motors (TSLA) was upgraded to buy at TheStreet Ratings.
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