This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Bank of America: Analysts' Upgrades, Downgrades

Stocks in this article: BAC SJM FSLR


Bank of America (BAC) upgraded at Standpoint. BAC was upgraded from Hold to Accumulate. Stock looks attractively valued following the recent pullback, trading at just 1.15 tangible book value.

First Solar (FSLR) upgraded at UBS from Neutral to Buy. $150 price target. Estimates also boosted, given higher industry growth rates.

Genuine Parts (GPC) downgraded at Goldman from Buy to Neutral. Valuation call, based on a $48 price target.

Itron (ITRI) rated new Outperform at Credit Suisse. ITRI was initiated with an Outperform rating, Credit Suisse said. $70 price target. Company operates in multiple growth areas.

Lowe's (LOW) upgraded at Goldman. LOW was upgraded from Neutral to Buy, Goldman Sachs said. $24 price target. Margins are finally starting to recover.

Opex Text (OTEX) upgraded at Morgan Keegan. OTEX was upgraded from Market Perform to Outperform, Morgan Keegan said. $53 price target. Potential for margin expansion and new tax structure should help the company. Estimates also boosted.

United Stationers (USTR) upgraded at FBR from Market Perform to Outperform, FBR Capital Markets said. $57 price target. Company is growing sales faster than its peers.


Cabot Oil & Gas (COG) estimates increased at Keybanc. COG estimates were raised through 2011. Continue to see growth potential in the Marcellus shale, despite lower natural gas prices. Buy rating and $48 price target.

Denbury Resources (DNR) numbers upped at Credit Suisse. DNR estimates were boosted through 2012, Credit Suisse said. Company's production growth should accelerate in the coming quarters. Neutral rating and new $22 price target.

Exelon (EXC) estimates, target raised at Citigroup. Shares of EXC now seen reaching $39, according to Citigroup. Estimates also increased, given a better regulatory outlook. Hold rating.

Foot Locker (FL) estimates lowered at Sterne Agee. FL estimates were cut through 2011, Sterne Agee said. Margins could decline from peak levels. Neutral rating.

Hormel Foods (HRL) numbers boosted at Credit Suisse. Shares of HRL now seen reaching $46. Estimates also upped, given the company's higher realized margins. Neutral rating.

KAR Auction (KAR) target reduced at Goldman. Shares of KAR now seen reaching $15, according to Goldman Sachs. Estimates also cut, given lower expected auction volumes. Neutral rating.

Lorillard (LO) estimates raised at Credit Suisse. LO estimates were increased through 2012. Buyback program should add to earnings. Neutral rating and $82 price target.

Microchip Technology (MCHP) numbers increased at Citigroup. MCHP estimates were raised through 2011, Citigroup said. Business has fully recovered from the downturn. Buy rating and new $36 price target.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs