NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Andatee China Marine Fuel Services (AMCF) was downgraded to Sell at TheStreet Ratings.
Ball (BLL) was downgraded at Credit Suisse from Outperform to Neutral. Valuation call, based on a $45 price target, Credit Suisse said.
Caterpillar (CAT) was upgraded at Bank of America/Merrill Lynch from Neutral to Buy. $135 price target. Company has solid fundamentals and trades at an attractive valuation, BofA/Merrill said.Esterline Technologies (ESL) was upgraded at Credit Suisse from Neutral to Outperform. $81 price target. Estimates were also boosted, as the company is realizing higher margins, Credit Suisse said. Home Depot (HD) was upgraded at Piper Jaffray from Neutral to Overweight. $62 price target. Comp sales and earnings growth should accelerate with the current remodeling cycle, Piper said. Infosys (INFY) was downgraded from Overweight to Neutral at HSBC. Company is not performing well and may be losing market share, HSBC said. Janus Capital Group (JNS) was upgraded at Citigroup to Neutral from Sell. $8 price target. Sharply higher EPS prospects given strong YTD markets, Citigroup said. Linear Technology (LLTC) was upgraded at Nomura from Neutral to Buy. $35 price target. Company is a quality name trading at an attractive valuation, Nomura said. Lowe's (LOW) was upgraded at Piper Jaffray from Neutral to Overweight. $41 price target. Company is leveraged to a favorable remodel cycle, Piper said. PPG Industries (PPG) was upgraded to Buy from Hold at Citigroup. $114 price target. Coating and natural gas exposure will propel the shares forward, Citi said. UMH Properties (UMH) was upgraded to Buy at TheStreet Ratings. Waddell & Reed (WDR) was upgraded at Citigroup to Neutral from Sell. $30 price target. Sharply higher EPS prospects given strong YTD markets, Citi said.
Stock Comments / EPS ChangesAFLAC (AFL) estimates were lowered at UBS through 2013. Expect capital deployment to be limited given recent European weakness, UBS said. Sell rating. Best Buy (BBY) target was lowered at UBS to $23.50. No rush to stock amid store closing uncertainty, UBS said. Neutral rating. CBOE Holdings (CBOE) estimates were lowered at Jefferies through 2013. Lower-than-anticipated volumes during the quarter and relatively fixed cost levels, Jefferies said. Hold rating. Exelon (EXC) price target was lowered at Jefferies to $42. Exposure to change in the commodity price for electricity, Jefferies said. Buy rating. Hersey Foods (HSY) numbers were raised at Citigroup. Shares are now seen reaching $71. Estimates were also increased on strong pricing growth, Citigroup said. Buy rating.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $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
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV