NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Barrick Gold (ABX) downgraded to hold at TheStreet Ratings.
Burger King (BKW) rated new Neutral at Credit Suisse. Valuation call, based on a $16 price target.
Bridgepoint Education (BPI) downgraded to hold at TheStreet Ratings.DeVry (DV - Get Report) downgraded at Citigroup to Neutral from Buy, Citigroup said. $25 price target. Company pre-announces another miss. DeVry downgraded at Oppenheimer to Perform from Outperform, Oppenheimer said. Negative pre-announcement. DeVry downgraded at Topeka from Buy to Hold, Topeka Capital said. $23 price target. Estimates also cut, given slower realized growth. Genesee & Wyoming (GWR) upgraded at Morgan Stanley to Overweight, Morgan Stanley said. $70 price target. RA purchase appears to be a transformational deal. HollyFrontier (HFC) downgraded at BofA/Merrill to Neutral, Bank of America/Merrill Lynch said. Valuation call, as the stock is up 60% year-to-date. ServiceNow (NOW - Get Report) rated new Neutral at UBS. $26 price target. Upside limited with current valuation. ServiceNow rated new Neutral at Credit Suisse. Valuation call, based on a $24 price target. ServiceNow rated new Outperform at Wells Fargo. Company can sustain 40% annual sales growth and expand its margins. NRG Energy (NRG) downgraded at Deutsche from Buy to Hold, Deutsche Bank said. Valuation call, based on a $20 price target. Tesoro (TSO) downgraded at BofA/Merrill to Neutral. Company remains leveraged to California, which can be volatile.
STOCK COMMENTS / EPS CHANGESHomeAway (AWAY) estimates, target cut at Credit Suisse. Shares of AWAY now seen reaching $27, according to Credit Suisse. Estimates also reduced, as the company lacks near-term catalysts. Neutral rating. BB&T (BBT) estimates, target increased at Sterne Agee through 2013, Sterne Agee said. Company boosted its guidance, given better loan growth. Buy rating and new $37 price target. Deckers Outdoor (DECK) target cut at Piper. Shares of DECK now seen reaching $50, according to Piper Jaffray. Company is leveraged to slower growth in Europe. Neutral rating. DeVry (DV - Get Report) estimates, target reduced at Morgan Stanley. DV estimates were cut through 2013, Morgan Stanley said. Company is guiding to higher costs and lower starts. Overweight rating and new $32 price target. Eaton (ETN) estimates lowered at UBS through 2013, UBS said. Lower market growth and corresponding decrease in outgrowth. Neutral rating and $40 price target.
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