NEW YORK (TheStreet) -- CHANGE IN RATINGS
Arbitron (ARB) downgraded at Deutsche from Buy to Hold, Deutsche Bank said. $38 price target. Core business could decelerate beyond 2012.
Asbury Automotive (ABG) upgraded to buy at TheStreet Ratings.
Bank of America (BAC) downgraded at Bernstein from Outperform to Market Perform, Bernstein said. Valuation call, based on a $9 price target.Mack-Cali Realty (CLI) upgraded to buy at TheStreet Ratings. Dell (DELL) downgraded at Sterne Agee from Neutral to Underperform, Sterne Agee said. Risk/reward is not compelling. $15 price target. Eaton Vance (EV) downgraded at BofA/Merrill from Buy to Neutral, Bank of America/Merrill Lynch said. $30 price target. Estimates also cut, given lower flow and performance trends. Edwards Lifesciences (EW) upgraded at Credit Suisse from Neutral to Outperform, Credit Suisse said. $88 price target. Valuation call, as the stock is already pricing in a later Partner A approval. Fusion-io (FIO) upgraded at Benchmark from Hold to Buy, Benchmark said. $30 price target. Stock has overreacted to margin and competition concerns. Fidelity National (FIS) upgraded at JP Morgan to Neutral, JP Morgan said. Company has a new focus on execution. Fossil (FOSL) downgraded at Benchmark from Buy to Hold, Benchmark said. Valuation call. Generac (GNRC) downgraded at Baird from Outperform to Neutral, Robert Baird said. Valuation call, based on a $28 price target. Hasbro (HAS) downgraded at Sterne Agee from Buy to Neutral, Sterne Agee said. Estimates also cut, because of higher channel inventory. $41 price target. Omnicare (OCR) upgraded at Credit Suisse from Neutral to Outperform, Credit Suisse said. Estimates also boosted, given better fundamental momentum. $39 price target. Children's Place (PLCE) downgraded at Wedbush from Outperform to Neutral, Wedbush said. $46 price target. Steeper discounts could lead to conservative guidance. Parexel (PRXL) downgraded at Sterne Agee from Buy to Neutral, Sterne Agee said. Valuation call, as the stock is up 23% over the past two weeks. $27.50 price target. Safeway (SWY) upgraded at Credit Suisse from Neutral to Outperform, Credit Suisse said. $26 price target. Risk/reward is more attractive at current levels. Weight Watchers (WTW) downgraded at Wedbush from Outperform to Neutral, Wedbush said. Company is spending more on marketing. $82 price target.
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