NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Advance Auto Parts (AAP) was upgraded at Credit Suisse from from Neutral to Outperform. $80 price target. Stock is not pricing in solid earnings momentum, Credit Suisse said.
Adtran (ADTN) was downgraded at Needham from Buy to Hold. Company faces multiple potential growth headwinds, Needham said.AutoNavi (AMAP) was downgraded at Jefferies to Hold from Buy. $12 price target. Business in transition, Jefferies said. Air Products (APD) was downgraded at JP Morgan from Overweight to Neutral. Valuation call, based on a $90 price target, JP Morgan said. Astec Industries (ASTE) upgraded to buy at TheStreet Ratings. BankUnited (BKU - Get Report) was downgraded from Buy to Neutral at Bank of America/Merrill Lynch. $25 price target. Company has lost some credibility and will need to deliver better growth to achieve a premium multiple, BofA/Merrill Lynch said. Blyth (BTH) upgraded to buy at TheStreet Ratings. Cloud Peak (CLD) was downgraded at FBR Capital Markets from Outperform to Market Perform. Company has outperformed its peers and coal prices will likely decline, FBR said. Cash America (CSH) was upgraded at Sterne Agee from Neutral to Buy. $49 price target. Stock is attractive on a sum-of-the-parts valuation, Sterne Agee said. Covanta (CVA) was downgraded from Buy to Neutral at Bank of America/Merrill Lynch. $15 price target. Company will be hurt by lower electricity prices, BofA/Merrill said. DR Horton (DRH - Get Report) was downgraded at UBS from Buy to Neutral. $14 price target. Valuation call, as the stock is up 34% over the past five months, UBS said. Fulton Financial (FULT) was downgraded at Sterne Agee from Buy to Neutral. Company is facing net interest margin compression, Sterne Agee said. Garmin (GRMN - Get Report) was upgraded at Canaccord Genuity to Buy from Hold. $47.50 price target. Core business should trough in a few quarters, Canaccord Genuity said. Health Management (HMA) was upgraded at Deutsche Bank from Hold to Buy. $9.50 price target. Risk/reward is attractive at current levels, Deutsche Bank said. Informatica (INFA) was downgraded at Susquehanna Financial from Positive to Neutral. $41 price target. Company is facing potential growth headwinds, Susquehanna said. Lennar (LEN - Get Report) was downgraded at UBS from Buy to Neutral. $23 price target. Valuation call, as the stock is up 57% over the past five months, UBS said.
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