NEW YORK ( TheStreet) -- CHANGE IN RATINGS:
ACCO Brands (ACCO) upgraded to buy at TheStreet Ratings.
Albermarle (ALB) downgraded at JP Morgan from overweight to neutral, JP Morgan said. Valuation call, based on a $67 price target.Albermarle downgraded at Deutsche from buy to hold, Deutsche Bank said. $70 price target. Company lacks near-term catalysts. Albemarle downgraded at Citigroup to neutral from buy, Citigroup said. $71 price target. Weaker bromine trends. Altera (ALTR) downgraded at William Blair from outperform to market perform, William Blair said. Margins may have peaked as the company is facing product cycle headwinds. Astoria Financial (AF) upgraded to buy at TheStreet Ratings. Bed Bath & Beyond (BBBY) upgraded at Oppenheimer to outperform from perform, Oppenheimer said. $71 price target. One of best-run companies in retail. Cubist Pharmaceuticals (CBST) upgraded at Cantor from sell to hold, Cantor Fitzgerald said. Valuation call, based on a $38 price target. Dillard's (DDS) upgraded at Credit Suisse from neutral to outperform, Credit Suisse said. $95 price target. Company is prepared for a shift in retail spending. Emerson Electric (EMR) upgraded at Deutsche from hold to buy, Deutsche Bank said. $68 price target. China and other emerging markets can continue to drive growth over the next several quarters. Energizer (ENR) downgraded at BMO from outperform to market perform, BMO Capital said. $95 price target. Valuation call, as the stock is up 30% since August. Flowserve (FLS) downgraded at Wedbush from outperform to neutral, Wedbush said. $160 price target. Valuation call, as the stock is up 45% over the past year. Molycorp (MCP) downgraded at Dahlman from buy to hold, Dahlman Rose said. Company continues to increase its capital spending. $8.13 price target. Netflix (NFLX - Get Report) upgraded at JP Morgan from neutral to overweight, JP Morgan said. $180 price target. Company is carrying a lot of momentum into 2013. Netflix upgraded at Lazard to buy, Lazard Capital Markets said. $200 price target. Once again appears that the company can deliver strong growth domestically. Netflix downgraded at Credit Suisse from outperform to neutral, Credit Suisse said. $132 price target. A lot of variability remains in the business model.