NEW YORK (TheStreet) -- CHANGE IN RATINGS
AthenaHealth (ATHN) rated new Buy at Sterne Agee. $71 price target. Focus on accretive outcome of a stronger brand and cloud based network.
Atmel (ATML) downgraded at Needham from Buy to Hold, Needham said. Valuation call, as the stock is up 24% year-to-date.
Cavium (CAVM) downgraded at Wunderlich from Hold to Sell, Wunderlich said. $23 price target. Company is facing increased competition, which could cut into near-term growth.Cypress Semiconductor (CY) downgraded at Needham from Buy to Hold, Needham said. Valuation call, based on a $20 price target. Entergy (ETR) downgraded at Jefferies to Hold from Buy at Jefferies. $75 price target. Revised assessment of regulatory risk. L.B. Foster (FSTR) upgraded to buy at TheStreet Ratings. Greenhill (GHL) downgraded at Ticonderoga from Buy to Neutral, Ticonderoga said. Valuation call. Interpublic Group (IPG) rated new Underperform at Jefferies. $9 price target. Low organic growth. KLA Tencor (KLAC) upgraded at Citigroup to Buy from Neutral, Citigroup said. $65 price target. Inspection and metrology targets the sweet spot of escalating foundry capital intensity. Michael Kors (KORS) rated new Outperform at Baird. $34 price target. Company has substantial growth prospects. Laredo Petroleum (LPI) rated new Buy at Goldman. $28 price target. Permian basin should drive near-term growth for the company. AllScripts Healthcare Solutions (MDRX) rated new Buy at Sterne Agee. $24 price target. Leading electronic health record vendor. Novellus Systems (NVLS) upgraded at Citigroup to Buy from Neutral, Citigroup said. $60 price target. High probability LRCX-NVLS merger goes through mid year. Omnicom Group (OMC) rated new Hold at Jefferies. $41 price target. Will face challenges given it generates over 80% of sales in US and Europe. Potash (POT) downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. Valuation call, based on a $48 price target. Pioneer Natural (PDX) downgraded at Stifel from Buy to Hold, Stifel Nicolaus said. Valuation call. Stock trades at a premium to its peers and there are downside risks to underlying oil prices. Plains Exploration (PXP) downgraded at Goldman from Buy to Neutral, Goldman Sachs said. Valuation call, as the stock is up 35% over the past three months. $46 price target.
Select the service that is right for you!COMPARE ALL SERVICES
- $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
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV