NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Asia Pacific Wire & Cable (APWC) downgraded to sell at TheStreet Ratings.
Blackbaud (BLKB) downgraded to hold at TheStreet Ratings.Franklin Resources (BEN - Get Report) downgraded at Goldman to Neutral, Goldman Sachs said. Stock has outperformed this year, but fund performance could hurt asset trends. $118 price target. Blackrock (BLK) upgraded at Goldman to Buy, Goldman Sachs said. Stock has underperformed its peers, but the company is buying back stock. $200 price target. Check Point (CHKP) upgraded at Wunderlich from Hold to Buy, Wunderlich said. Recent pullback offers a buying opportunity. $60 price target. Clorox (CLX - Get Report) upgraded at Citi from Neutral to Buy, Citigroup said. $78 price target. Company is well managed and positioned for further growth. Domino's Pizza (DPZ - Get Report) rated new Neutral at Goldman. $35 price target. Domestic market remains uncertain. Facebook (FB - Get Report) initiated with an Outperform rating at Robert Baird. $37 price target. Company can gain more share in global advertising market. FTI Consulting (FCN) downgraded at William Blair from Outperform to Market Perform, William Blair said. Company lacks near-term catalysts. Federated Investors (FII) downgraded at Goldman to Sell, Goldman Sachs said. $17 price target. Stock has performed well, but the company is leveraged to lower rates and could see outflows from money market funds. HollyFrontier (HFC) upgraded at UBS from Neutral to Buy, UBS said. $35 price target. Valuation call, as the stock is down 11% over the past three months. Hewlett-Packard (HPQ - Get Report) downgraded at Jefferies to Hold from Buy, Jefferies said. $23 price target. PC, Printer, Services and European concerns. Nordstrom (JWN) upgraded at Nomura from Neutral to Buy, Nomura said. Weakness has created a buying opportunity. $55 price target. Sprint Nextel (S) upgraded at JP Morgan from Neutral to Overweight, JP Morgan said. Company has problems behind it and the stock has 50% to 60% upside potential. Trustmark (TRMK) upgraded at KBW from Underperform to Market Perform, Keefe, Bruyette & Woods said. $24 price target. BTFG purchase should add to earnings. Tesoro (TSO) upgraded at UBS from Neutral to Buy, UBS said. $33 price target. Estimates also boosted, given better refining margins on the West coast.