NEW YORK (TheStreet) -- CHANGE IN RATINGS
Advanced Micro Devices (AMD) was downgraded at Sterne Agee to Neutral from Buy. $8.50 price target. Slowing PC market limits upside, Sterne Agee said.
Brookfield Asset Management (BAM) was downgraded at Credit Suisse to Neutral from Outperform. $38 price target. Limited excess potential return, Credit Suisse said.
The Blackstone Group (BX) was upgraded at BMO to Outperform from Market Perform. $17 price target. Strong new asset growth, BMO said.Nippon Telegraph and Telephone Corp. (NTT) was upgraded to Buy at TheStreet Ratings. Patrick Industries Inc. (PATK) was upgraded to Buy at TheStreet Ratings. Seattle Genetics (SGEN) was initiated with a Buy rating at Think Equity. $30 price target. Adcetris opportunity in Hodgkin's lymphoma, Think Equity said.
STOCK COMMENTS / EPS CHANGESBoeing (BA) estimates were raised at UBS through 2012. Strong delivery mix, UBS said. Neutral rating and $72 price target. CME Group (CME) estimates were raised at Jefferies through 2013. Volume trends improved throughout quarter, Jefferies said. Buy rating. EMC (EMC) numbers were lowered at Oppenheimer. Shares are now seen reaching $32. Estimates were also lowered on channel checks in the financial vertical, Oppenheimer said. Outperform rating. Lennar (LEN) target was raised at Deutsche Bank. Shares are now seen reaching $30. Taking advantage of rising demand, Deutsche Bank said. Hold rating. SXC Health Solutions Corp. (SXCI) numbers were raised at Credit Suisse. Shares are now seen reaching $111. Estimates were also raised on focus on fiscal 2013 and 2014, Credit Suisse said. Outperform rating. >To submit a news tip, email: email@example.com.
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