This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
NEW YORK (
CHANGE IN RATINGSAlcoa(AA - Get Report) downgraded at Jefferies to Hold from Buy, Jefferies said. LME aluminum inventories are near record highs.
Abbott Laboratories(ABT - Get Report) downgraded at Leerink to Market Perform, Leerink Swann said. Stock is up 30% since last October and appears fairly valued ahead of the upcoming business split.
Access Midstream Partners(ACMP) upgraded at Citigroup to Buy from Neutral, Citigroup said. $35 price target. Improved drop down visibility and counterparty risk profile.
A.H. Belo Corporation(AHC) upgraded to hold at TheStreet Ratings.
Albemarle Corporation(ALB) rated new Equal-weight at Morgan Stanley. More upside potential in other chemical "Big Ideas."
Arrow Electronics(ARW) downgraded at Miller Tabak from Buy to Neutral, Miller Tabak said. $41 price target. Estimates also cut, given lower expected near-term demand.
BCSB Bankcorp(BCSB) downgraded to hold at TheStreet Ratings.
Bloomin Brands(BLMN) rated new Neutral at Deutsche. $16 price target. Company will struggle to receive a higher multiple.
BMC Software(BMC) upgraded at Think Equity to Buy from Hold, Think said. $50 price target. ESM business has bottomed.
Broadcom(BRCM) upgraded at RBC from Sector Perform to Outperform, RBC Capital said. $46 price target. Company has a solid product pipeline.
Boston Scientific(BSX) downgraded at Leerink to Market Perform, Leerink Swann said. $6 price target. Company will struggle to grow in declining markets.
Dover Corp(DOV) rated new Neutral at Citigroup. $64 price target. Still in transition with plenty of energy.
Fairchild Semiconductor(FCS) downgraded at Miller Tabak from Buy to Neutral, Miller Tabak said. $16 price target. Company is leveraged to slower macro growth.
Intel(INTC - Get Report) downgraded at RBC from Outperform to Sector Perform, RBC Capital said. $24 price target. PC market faces near-term headwinds.
Lamar Advertising(LAMR) upgraded at Goldman from Neutral to Buy, Goldman Sachs said. Company also placed on the Conviction List. $42 price target. Expect value from a likely REIT conversion.
Manhattan Associates(MANH) upgraded at Think to Buy from Hold, ThinkEquity said. $67 price target. Steady IT spending trends.
Molina Healthcare(MOH) downgraded at Jefferies to Underperform from Hold, Jefferies said. $19 price target. Poor execution.
Marathon Petroleum(MPC) downgraded at Credit Suisse from Outperform to Neutral, Credit Suisse said. Valuation call, based on a $65 price target.