NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Amgen (AMGN) upgraded to buy at TheStreet Ratings.
BMC Software (BMC) was upgraded from underweight to neutral at JPMorgan. Valuation call, based on a $34 price target.
Continental Resources (CLR) was initiated with a buy rating at Dahlman Rose. $75 price target. Bakken shale should continue to drive growth.DTE Energy (DTE) was upgraded from neutral to outperform at Credit Suisse. Improved state regulation should help drive earnings growth. $59 price target. Gen-Probe (GPRO) was initiated with a buy rating at Deutsche Bank. $70.50 price target. Company is a market leader and new products should drive growth in 2012. Groupon (GRPN - Get Report) was initiated with a hold rating at Stifel Nicolaus. Stock is already discount several years of hyper growth. Coverage of Groupon was started with an outperform rating at Barrington Research. $30 price target. Company is a market leader and has significant scale. Kirby (KEX) was initiated with an overweight rating at Evercore. $74 price target. Double-digit EPS growth likely to continue through 2013 driven by strong demand fundamentals.
2012 Stock Predictions and Outlook
|Your one-stop shop for 2012 stock recommendations and market predictions.