NEW YORK ( TheStreet) -- CHANGE IN RATINGS
AngioDynamics (ANGO) downgraded to hold at TheStreet Ratings.Aruba Networks (ARUN) upgraded at William Blair from Market Perform to Outperform, William Blair said. Company is leveraged to increased demand for enterprise mobility. Ciena (CIEN) upgraded at Stifel from Hold to Buy, Stifel Nicolaus said. $20 price target. Channel checks of component vendors were strong. Cintas (CTAS) upgraded at JP Morgan from Neutral to Overweight, JP Morgan said. Previous investments are beginning to bear fruit. FirstEnergy (FE) downgraded to hold at TheStreet Ratings. Macerich (MAC) upgraded at Jefferies to Buy from Hold, Jefferies said. $61 price target. Attractive way to play Class A malls. Synnex (SNX) downgraded at Stifel from Buy to Hold, Stifel Nicolaus said. Company lacks near-term catalysts. WPX Energy (WPX) rated new Neutral at JP Morgan. $19.50 price target. Company is hurt by lower natural gas prices.
STOCK COMMENTS / EPS CHANGESAbbott Laboratories (ABT) target raised at Jefferies to $76, Jefferies said. Market significantly undervalues breakup valuation. Buy rating. American Eagle (AEO - Get Report) added to Conviction Buy List at Goldman Sachs. Company can continue to improve margins. $19 price target. American Electric Power (AEP) target raised at Jefferies to $42.50, Jefferies said. First step towards getting resolution of the company's electric security plan accomplished. Buy rating. Deckers (DECK) target reduced at Sterne Agee to $60, according to Sterne Agee. Company has limited sales visibility. Underperform rating. Express (EXPR) estimates, target increased at UBS. Shares of EXPR now seen reaching $29, according to UBS. Estimates also increased as the international segment provides another leg of growth. Buy rating. H&R Block (HRB) estimates cut at Morgan Stanley through 2013, Morgan Stanley said. Company is spending more on advertising, but seeing lower sales. Equal-weight rating. JP Morgan (JPM - Get Report) numbers raised at Morgan Stanley. Shares of JPM now seen reaching $45, according to Morgan Stanley. Estimates also increased, as the company is seeing higher margins and loan growth. Overweight rating. Macy's (M) estimates, target boosted at Credit Suisse. Shares of M now seen reaching $43, according to Credit Suisse. Estimates also upped, as the company continues to gain market share. Outperform rating. >To submit a news tip, email: firstname.lastname@example.org.
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