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Analysts' Actions: HAS NDLS NFLX PNC YHOO

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Allegheny Technologies (ATI) was downgraded at Topeka Capital to hold from buy. $20 price target. Recent channel checks suggest that consensus estimates remain too high, Topeka Capital said.

Baker Hughes (BHI) was upgraded at Cowen to outperform from market perform. $57 price target. Operating results surpassed expectations in the eastern hemisphere, Cowen said.

Annie's (BNNY) was downgraded at J.P. Morgan to neutral. The stock seems fully valued in an increasingly competitive market, said J.P. Morgan. Price target: $44. Future EPS and revenue estimates were lowered as BNNY's competitors are primed to overtake market share, J.P. Morgan said.

Coty (COTY) was initiated with a buy rating at Deutsche Bank. $20 price target. Company is well-positioned to capture growth, Deutsche Bank said.
[Read: <a target="blank" data-add-tracking="true" href="http://www.thestreet.com/story/11985423/1/dont-turn-off-netflix.html?kval=dontmiss"><em>Don't Turn Off Netflix</em></a>]

New Oriental Education & Technology (EDU) was upgraded to buy at TheStreet Ratings.

Hasbro (HAS - Get Report) was upgraded at Needham to buy from hold. $52 price target. Quarter showed more positive surprises, Needham said.

Isis Pharmaceuticals (ISIS) was downgraded at Piper Jaffray to underweight. Valuation call, based on a $20 price target, Piper Jaffray said.

JDS Uniphase (JDSU) was downgraded at MKM Partners to neutral from buy. Valuation call, based on a $15 price target, MKM Partners said.

Noodles (NDLS - Get Report) was initiated with a neutral rating and $46 price target at UBS. Despite its growth opportunity, valuation is rich, UBS said.

Noodles was initiated with an equal-weight rating at Morgan Stanley. Strong fundamentals and growth opportunities, Morgan Stanley said. Experienced management, significant cash production and strong per-franchise sales suggest large upside to this fast-noodle provider, Morgan Stanley said.
[Read: <a target="blank" data-add-tracking="true" href="http://www.thestreet.com/story/11984846/1/apples-earnings-could-start-a-turnaround.html?kval=dontmiss"><em>Apple's Earnings Could Provide a Turnaround</em></a>]

Netflix (NFLX - Get Report) was downgraded at Cantor Fitzgerald to hold from buy. $260 price target. Stock has had a meteoric rise, Cantor said.

PNC Financial (PNC - Get Report) was downgraded at Sterne Agee to neutral from buy. Stock has made a strong surge in recent weeks, Sterne Agee said.

Sally Beauty (SBH) was downgraded at Sterne Agee to neutral from buy. Valuation call, based on a $31 price target, Sterne Agee said.

United Financial Bancorp (UBNK) was downgraded to hold at TheStreet Ratings.
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SYM TRADE IT LAST %CHG
HAS $79.44 -0.09%
NFLX $104.28 -4.60%
NDLS $14.00 -2.20%
PNC $97.93 -0.42%
YHOO $37.46 -3.60%

Markets

Chart of I:DJI
DOW 17,475.50 +34.91 0.20%
S&P 500 2,076.46 +8.82 0.43%
NASDAQ 5,062.9870 +23.2110 0.46%

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