Analysts' Upgrades and Downgrades

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Analysts' Actions: AEO CMA DUK NLY STJ

TheStreet Staff

NEW YORK (TheStreet) -- CHANGE IN RATINGS

American Eagle (AEO) upgraded at Wells from Market Perform to Outperform. New management team appears to be turning the business around. Estimates also boosted.

Comerica (CMA) downgraded at Sterne Agee from Buy to Neutral, Sterne Agee said. Valuation call, based on a $32 price target. Estimates also cut.

Comerica upgraded at Stifel from Sell to Hold, Stifel Nicolaus said. Stock is attractively valued, trading below tangible book value.

CSX (CSX) downgraded at Deutsche from Buy to Hold, Deutsche Bank said. $20 price target. Lower coal volume will likely remain a headwind to growth.

Duke Energy (DUK) upgraded at Citigroup to Buy from Neutral, Citigroup said. $72 price target. Carolina concerns priced in.

East West Bancorp (EWBC) upgraded at KBW from Market Perform to Outperform, Keefe, Bruyette & Woods said. $24 price target. Company is seeing strong growth across the board and boosted guidance.

ICF International (ICFI) downgraded to hold at TheStreet Ratings.

McMoran Exploration (MMR) rated new Buy at Guggenheim. Company appears to be at an inflection point.

Annaly Capital (NLY) upgraded at Wells from Underperform to Market Perform, Wells Fargo said. Stock is already factoring in higher expected prepayments.

Noble Corporation (NE) downgraded to hold at TheStreet Ratings.

Reinsurance Group (RGA) downgraded at KBW from Outperform to Market Perform, Keefe, Bruyette & Woods said. $67 price target. Company is realizing lower earnings.

St. Jude (STJ) downgraded at Canaccord from Buy to Hold, Canaccord Geuity said. $43 price target. Company is seeing lower sales demand.

St. Jude downgraded at Goldman from Buy to Neutral, Goldman Sachs said. $42 price target. Core business is facing increased growth headwinds.

Questar Corp (STR) downgraded at Citigroup to Neutral from Buy, Citigroup said. $21.75 price target. Valuation call.

Stryker (SYK) downgraded at Oppenheimer to Perform from Outperform, Oppenheimer said. $56 price target. Lower near- term drivers.

Tibco (TIBX) upgraded at Macquarie from Neutral to Outperform, Macquarie said. $33 price target. Pullback has created an attractive entry point.

Xylem (XYL) downgraded at Ladenburg from Buy to Neutral, Ladenburg Thalmann said. Company faces headwinds in Europe and has limited exposure to an improving U.S. housing market.

STOCK COMMENTS / EPS CHANGES

Align Technology numbers lowered at Jefferies. Shares of ALGN now seen reaching $34, Jefferies said. Estimates also lowered on rare 3Q shortfall. Buy rating. AO Smith (AOS) numbers upped at BMO. AOS estimates were upped through 2014, BMO Capital said. Company is seeing better Lochinvar growth. Market Perform rating and new $61 price target.

Bank of America (BAC) numbers raised at UBS. Shares of BAC now seen reaching $9.50, UBS said. Estimates also increased as operating improvements within reach.

BlackRock (BLK) numbers raised at UBS. BLK estimates increased through 2013, UBS said. Strength of diversified model making the investment case clearer. Buy rating and $210 price target.

Check Point (CHKP) numbers reduced at Credit Suisse. Shares of CHKP now seen reaching $55, according to Credit Suisse. Estimates also cut, given lower realized sales. Outperform rating.

Comerica (CMA) numbers lowered on Jefferies. Shares of CMA now seen reaching $33, Jefferies said. Estimates also lowered on tempered net interest income estimates. Hold rating.

eBay (EBAY) estimates, target boosted at Credit Suisse. Shares of EBAY now seen reaching $49, according to Deutsche Bank. Estimates also upped, as user growth is accelerating. Neutral rating.

Facebook (FB) target reduced at Sterne Agee to $26, according to Sterne Agee. Company deserves a lower market multiple. Buy rating.

Halliburton (HAL) numbers cut at UBS. Shares of HAL now seen reaching $44, UBS said. Assuming ugly Q4 and slow start to 2013. Buy rating.

Linear Technology (LLTC) numbers reduced at Credit Suisse. LLTC estimates were cut through 2013, Credit Suisse said. Company lowered its guidance. Outperform rating and new $36 price target.

M&T Bank (MTB) numbers increased at KBW through 2014, Keefe, Bruyette & Woods said. Company is seeing higher mortgage growth and keeping a tight lid costs. Market Perform rating and new $109 price target.

M&T Bank numbers raised at Jefferies. Shares of MTB now seen reaching $106, Jefferies said. Estimates also raised on stronger mortgage revenues. Hold rating.

Stanley Black & Decker (SWK) numbers cut at JP Morgan. SWK estimates were reduced through 2013, JP Morgan said. Company is seeing slower growth in Europe. Neutral rating and new $74 price target.

Stryker (SYK) estimates, target reduced at BMO. SYK estimates were cut through 2014, BMO Capital said. Company is seeing slower growth in Europe. Market Perform rating and new $55 price target.

Textron (TXT) estimates, target raised at Credit Suisse. Shares of TXT now seen reaching $26, according to Credit Suisse. Estimates also increased, as Cessna is recovering. Neutral rating.

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