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CHANGE IN RATINGS
downgraded at Morgan Stanley from Overweight to Equal-weight, Morgan Stanley said. Sales growth could decelerate in the coming quarters.
downgraded at Jefferies from Buy to Hold, Jefferies said. $29.75 price target. Acquisition presents a major change in growth strategy.
upgraded at Morgan Keegan to Outperform, Morgan Keegan said. $45 price target. Wireless should drive growth in the coming quarters.
(AVP - Get Report)
upgraded at BMO from Market Perform to Outperform, BMO Capital said. Valuation call, based on a $25 price target.
rated new Market Perform at Morgan Keegan. $28 price target. Company can generate double-digit annual earnings growth over the next few years, though macro headwinds persist
(CTAS - Get Report)
rated new Buy at Keybanc with a Buy rating, Keybanc said. $36 price target. New growth businesses should drive earnings.
(FCH - Get Report)
upgraded at JP Morgan to Overweight, JP Morgan said. $41 price target. AllStar acquisition should add to earnings.
(GRPN - Get Report)
rated new Buy at Goldman Sachs. $29 price target. Company is unlocking value in the local advertising market.
Groupon rated new Neutral at JPMorgan. Valuation call, based on a $24 price target.
Groupon rated new Hold at Deutsche Bank. $21 price target.
Groupon rated new Buy at BofA/Merrill. $28 price target. Company can deliver solid growth in the coming quarters.
Groupon rated new Outperform at Wells Fargo. Company is a market leader and can deliver solid sales growth.
Groupon rated new Outperform at William Blair. Company is a market leader and competition has high barriers to entry.
Groupon rated new Neutral at Citigroup. $24 price target. Material upside requires success in new segments.
Groupon rated new Neutral at Credit Suisse. Valuation call, based on a $25 price target.
Groupon rated new Equal-weight at Morgan Stanley. Valuation call, as fair value appears to be $27.
Sirius XM Radio
upgraded to buy at TheStreet Ratings.
(SIX - Get Report)
rated new Hold at Keybanc. Valuation call, as the stock has already gained 40% year-to-date.
(TCB - Get Report)
downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. $11.50 price target. New analyst believs ts that higher operating costs could hurt near-term earnings.