Also see: NYSE, Primerica: New Targets, Estimates
NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Arthur J. Gallagher (AJG) was upgraded at Sterne Agee from Neutral to Buy. $33 price target. Stock has underperformed its peers this year, despite posting solid core earnings, Sterne Agee said.
Aruba Networks (ARUN) was upgraded from Neutral to Outperform at Wedbush. $30 price target. Stock has pulled back and has premier growth potential, Wedbush said.AptarGroup (ATR) was upgraded at Keybanc from Hold to Buy. $60 price target. Company should continue to deliver solid organic growth, Keybanc said. Celanese (CE) was downgraded at Morgan Stanley to Equal-weight. Company is leveraged to potential slower growth in China and weaker acetyls margins, Morgan Stanley said. $55 price target. Cliffs Natural Resources (CLF) was initiated with a Buy rating at UBS. $122 price target. Company can deliver solid cash flow growth, UBS said. LinkedIn (LNKD) was initiated with an Equal-Weight rating at Evercore Partners. Valuation call, based on a $70 price target, Evercore said. Molson Coors (TAP) was downgraded at Stifel Nicolaus from Buy to Hold. Company would be paying a hefty premium for its stake in Foster's, Stifel Nicolaus said. Nokia (NOK) was downgraded at Wunderlich from Buy to Hold. Lower profits will hurt the company's balance sheet, Wunderlich said. Praxair (PX) was upgraded at Morgan Stanley from Underweight to Equal-Weight. $112 price target. Estimates also boosted, given better expected hydrogen growth, Morgan Stanley said. Ryder System (R) was upgraded at Keybanc from Hold to Buy. $63 price target. Company could see a multiyear recovery in vehicle leasing, Keybanc said. Transocean (RIG) was upgraded at Argus Research from Hold to Buy. $85 price target. Stock yields 5% and offers an attractive risk/reward at current levels, Argus said. RPX Corp. (RPX) was rated new Equal-Weight at Barclays. Valuation call, based on a $34 price target, Barclays said. Stericycle (SRCL) was upgraded from Underperform to Neutral at Bank of America/Merrill Lynch. $88 price target. Company is facing less competition from WM, BofA/Merrill said. TTM Technologies (TTM) was upgraded at Needham from Buy to Strong Buy. Stock is a leader and trading at a discount to its peers, Needham said. Universal Health (UHS) was upgraded to Outperform at Leerink Swann. Stock is attractive following a recent pullback, Leerink Swann said.
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
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
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
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 Plus 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