NEW YORK (TheStreet) -- CHANGE IN RATINGS
Amarin (AMRN) was initiated with a buy rating at Citigroup. $20 price target. Poised to benefit from changing tides in cardiovascular care, Citi said.
Boston Scientific (BSX) was downgraded at Bernstein from outperform to market perform. $6 price target. Company lacks near-term catalysts, Bernstein said.
Crocs (CROX) was initiated with a buy rating at Goldman Sachs. Company has good earnings visibility and may buy back stock, Goldman said. $17 price target.Cablevision (CVC) was downgraded at Canaccord Genuity from buy to neutral. Company likely cannot raise rates without losing a lot of its customers, Canaccord said. $15 price target. Eastman Chemical (EMN) was initiated with a buy rating at Keybanc. $74 price target. Company can deliver steady earnings growth through 2015, Keybanc said. Foot Locker (FL) was initiated with a buy rating at Goldman Sachs. $39 price target. Company can expand margins and will likely continue to return cash to investors, Goldman said. Jazz Pharmaceuticals (JAZZ) was initiated with a buy rating at Citigroup. $70 price target. Expecting settlement to remove overhang, Citi said. LG. Display Company (LPL) was upgraded to hold at TheStreet Ratings. Pfizer (PFE) was downgraded at MKM Partners from buy to neutral. Company has limited near-term catalysts in its relatively weak pipeline, MKM said. Royal Bank of Scotland (RBS) was upgraded at UBS to buy from neutral. $10.52 price target. Same destination, more measured pace of travel, UBS said. Restoration Hardware (RH) was initiated with an outperform rating at Robert Baird. $43 price target. Company has a strong brand and is leveraged to a domestic housing recovery, Baird said. Restoration Hardware was initiated with a neutral rating at Goldman Sachs. Valuation call, based on a $34 price target, Goldman said. Servotronics (SVT) was downgraded to hold at TheStreet Ratings. Yelp (YELP) was upgraded at Cantor Fitzgerald from hold to buy. $24 price target. Stock is attractive, following a 20% decline, Cantor said.
STOCK COMMENTS / EPS CHANGESFirst Energy (FE) price target lowered at Jefferies. Shares are now seen reaching $42.50. Seeking divergence from low power prices, Jefferies said. Hold rating. Interpublic (IPG) was added to the Best Ideas List at Wedbush. $12.75 price target. Company can deliver organic sales growth and meet its margin targets, Wedbush said. Outperform rating.
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