NEW YORK (TheStreet) -- CHANGE IN RATINGS
American International Group (AIG) was rated new buy at Bank of America/Merrill Lynch. $37 price target. Stock is trading at a discount to expected, year-end book value.
Black Hills (BKH) was upgraded to outperform from neutral at Credit Suisse. Attractive valuation with solid growth prospects. Price target trimmed by a dollar to $33.Cracker Barrel (CBRL) was downgraded from outperform to market perform at Morgan Keegan. Company is seeing slower sales and could be hurt by rising commodity costs. CME Group (CME) was upgraded from neutral to buy at UBS. $318 price target. Company has cyclical and secular growth potential. Geenrac (GNRC) was rated new outperform at Oppenheimer. $23 price target. Company can deliver strong organic growth and generate steady cash flow. Micron (MU) was upgraded from market perform to outperform at Wells Fargo. Estimates also boosted, given higher memory contract prices. Noble (NE) was upgraded from market perform to outperform at Morgan Keegan. $48 price target. Stock has pulled back, even though the company is seeing better contract awards. Under Armour (UA) was upgraded from hold to buy at Stifel Nicolaus. $80 price target. New products should help drive growth. MEMC Electronic (WFR) was downgraded from buy to hold at Stifel Nicolaus. Solar wafer business is rapidly deteriorating. Zale (ZLC) was downgraded to neutral from buy at Bank of America/Merrill Lynch. Limited upside after recent rally. Price target raised to $6.75. End of report.
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
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
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
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 + 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