NEW YORK (TheStreet) -- CHANGE IN RATINGS
Brightpoint (CELL) was downgraded to Hold at TheStreet Ratings.
Chesapeake Energy (CHK) was upgraded at BMO Capital from Market Perform to Outperform. Negative sentiment appears to have peaked, BMO said. $25 price target.
Compass Minerals (CMP) was upgraded at Keybanc from Hold to Buy. $95 price target. Earnings should show substantial improvement in 2013, Keybanc said.Calpine Corporation (CPN) was upgraded at Jefferies to Buy from Hold. $21.50 price target. Valuation and higher estimates, Jefferies said. Emcor (EME) was upgraded at Stifel Nicolaus from Hold to Buy. $40.50 price target. Company is seeing higher bookings for nonresidential construction, Stifel Nicolaus said. HMS Holdings Corporation (HMSY) was upgraded at Jefferies to Buy from Hold. $29 price target. Opportunity at sub-1x PEG, Jefferies said. Kaiser Aluminum (KALU) was upgraded at Dahlman Rose to Buy. $70 price target. Company continues to execute well in a challenging environment, Dahlman Rose said. Kaiser Aluminum was upgraded from Hold to Buy at Keybanc. $63 price target. Company is seeing higher end-market demand, Keybanc said. Kraft (KFT) was upgraded at JP Morgan from Neutral to Overweight. $45 price target. Nielsen data have been positive, and the company has room to boost its dividend, JP Morgan said. Lentuo International was initiated with a Sell rating at TheStreet Ratings. Nokia (NOK) was downgraded at RBC Capital to Sector Perform from Outperform. $5 price target. Feature phone market is weak, RBC Capital said. Verifone (PAY) was downgraded at Deutsche Bank from Hold to Sell. $40 price target. Company's organic growth is likely not sustainable, Deutsche said. Procter & Gamble (PG) was downgraded at Oppenheimer to Perform from Outperform. Another mixed quarter with disappointing near-term outlook, Oppenheimer said. PPG Industries (PPG) was upgraded at Credit Suisse from Neutral to Outperform. $122 price target. Nylon-12 issues appear to be more manageable, Credit Suisse said. Sandridge Energy (SD) was upgraded at JP Morgan from Neutral to Overweight. $13 price target. Company is inexpensive and can deliver above-average growth, JP Morgan said. Supervalu (SVU) was initiated with a Sell rating at Goldman Sachs. $5 price target. Company faces multiple secular and cyclical growth headwinds, Goldman said. Treehouse (THS) was downgraded at JP Morgan from Overweight to Neutral. $60 price target. Company lacks near-term catalysts, JP Morgan said.
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 + 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