NEW YORK (TheStreet) -- CHANGE IN RATINGS
Automatic Data Processing (ADP) downgraded at Jefferies to Underperform from Hold, Jefferies said. $55 price target. Employment markets remain challenged.
Agrium (AGU) upgraded at Citigroup to Buy from Neutral, Citigroup said. $118 price target. Nitrogen has the best near term outlook. Company also added to Top Picks Live!
Amgen (AMGN) downgraded at Baird from Outperform to Neutral, Robert Baird said. $84 price target. Valuation call, as the stock is up 75% since last August.Black Hills (BKS) upgraded at JP Morgan to Overweight, JP Morgan said. Recent asset sales improves the company's earnings outlook. Carbonite (CARB) coverage initiated with a sell rating at TheStreet Ratings. Coeur D'Alene Mines (CDE) upgraded to buy at TheStreet Ratings. Cohen & Steers (CNS) downgraded at Goldman to Sell. Poor performance figures could drive fund outflows. Exelon (EXC) downgraded at UBS to Sell from Neutral, UBS said. $31 price target. Slide in power and retail outlook. Federated Investors (FII) upgraded at Goldman from Sell to Neutral, Goldman Sachs said. Potential money market fund reform has been delayed by the SEC. $20 price target. Finish Line (FINL) downgraded at Sterne Agee to Underperform, Sterne Agee said. $20 price target. Estimates also cut, as the company is losing market share. Great Plains (GXP) upgraded at JP Morgan to Overweight, JP Morgan said. Estimates also boosted, given better clarity on the company's pending rate cases. JB Hunt (JBHT) upgraded at BofA/Merrill from Neutral to Buy, Bank of America/Merrill Lynch said. $60 price target. Stock is attractive, following a 14% pullback. Kinder Morgan (KMI) upgraded at BofA/Merrill from Underperform to Neutral, Bank of America/Merrill Lynch said. Valuation call, based on a $36 price target. Kohl's (KSS) upgraded at Deutsche from Hold to Buy, Deutsche Bank said. $62 price target. Stock trades at a low valuation and sales trends are improving. Paychex (PAYX) downgraded at Jefferies to Underperform from Hold, Jefferies said. $31 price target. The interest rate environment will be a lingering headwind. Paccar (PCAR) downgraded at Wells to Underperform, Wells Fargo said. Company cut its production forecast. PulteGroup (PHM) upgraded at Williams from Hold to Buy, Williams Financial said. $17 price target. Company is improving existing markets and keeping a tight lid on costs.
Select the service that is right for you!COMPARE ALL SERVICES
- $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
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV