Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
The AES Corp.
(AES - Get Report)
was upgraded at Citigroup to Buy from Hold as management tends to sharpen its international development, Citigroup said. Price target raised to $16 from $14.
(GPS - Get Report)
was downgraded at Piper Jaffray from Overweight to Neutral. $19 price target. Margins remain under pressure, as the company is facing higher costs, Piper Jaffray said.
(INTU - Get Report)
was downgraded at Canaccord Genuity from Buy to Hold. Valuation call, based on a $57 price target, Canaccord said.
(KNX - Get Report)
was downgraded at Wells Fargo from Outperform to Market Perform. Estimates were also cut, as the company is facing cost headwinds, Wells Fargo said.
was downgraded at JP Morgan from Overweight to Neutral. $16 price target. Company is facing slower business, as usual, in the summer, JP Morgan said.
(PDCO - Get Report)
was downgraded at UBS from Buy to Neutral. $37 price target. Valuation call, as the stock has outperformed since January, UBS said.
was upgraded at Piper Jaffray to Overweight from Neutral. Operational trends are improving, Piper Jaffray said. $6.50 price target.
was upgraded at Keybanc from Hold to Buy. $23 price target. Earnings have yet to peak, Keybanc said.
was upgraded at Goldman Sachs to Buy. $60 price target. The stock is down 20% on regulatory confusion, which should pass, Goldman said.
End of report.