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
Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGSAutomatic Data(ADP - Get Report) was initiated with a Hold rating at Jefferies. $53 price target. Stock is already pricing in better operating momentum, Jefferies said.
Anixter(AXE - Get Report) was upgraded at Robert Baird from Neutral to Outperform. $88 price target. Valuation call, given better industrial demand, Baird said.
Acuity Brands(AYI - Get Report) was initiated with a Hold rating at Keybanc. Stock is already pricing in organic growth potential and higher margins, Keybanc said.
Cree(CREE - Get Report) was rated new Buy at Keybanc. $41 price target. Investor sentiment appears too low, as fundamentals could soon bottom, Keybanc said.
Amdocs(DOX - Get Report) was initiated with a Buy rating at Jefferies. $35 price target. New CEO is investing more aggressively back into the business, Jefferies said.
Green Dot(GDOT - Get Report) was started with a Hold rating at Jefferies. Stock is still not cheap and the company faces potential pricing pressure, Jefferies said. $36 price target.
Holly(HOC) was initiated with a Buy rating at UBS. $86 price target. Imminent merger with
Frontier Oil(FTO) and strong cash position, UBS said.
LinkedIn(LNKD) was initiated with a Buy rating at Bank of America/Merrill Lynch. $92 price target. Well-positioned for next generation of Internet usage, BofA/Merrill Lynch said.
Mastercard(MA) was initiated with a Buy rating at Jefferies. $333 price target. Market is still not giving the company enough credit for its earnings growth potential, Jefferies said.
NRG Energy(NRG) was upgraded at Jefferies to Buy. $27 price target. Company will likely repurchase more stock, Jefferies said.
NYSE Euronext(NYX) was upgraded at KBW from Market Perform to Outperform. $39 price target. Current price provides substantial upside regardless of DBI deal, KBW said.
Omnivision(OVTI) was upgraded at Canaccord Genuity. $38 price target. Recent supply-chain checks were positive, Canaccord Genuity said.
Paychex(PAYX) was initiated with a Hold rating at Jefferies. $31 price target. Company will struggle to achieve targeted sales growth, Jefferies said.
Rowan(RDC) was upgraded at Duncan-Williams from Buy to Strong Buy. $50.25 price target. Company reported new contracts and is adding more drillships to its fleet, Duncan-Williams said.
Spectra Energy(SEP) was upgraded at UBS from Neutral to Buy. $34 price target. Recent pullback has rebalanced risk/reward profile, UBS said.