NEW YORK ( TheStreet) -- CHANGE IN RATINGS:
General Cable (BGC) upgraded to buy at TheStreet Ratings.Dynamic Materials (BOOM) upgraded to buy at TheStreet Ratings. Brookfield Office Properties (BPO) was downgraded at Citigroup to sell from neutral. $15 price target. Headwinds strengthening in 2013 while street estimates remain too high, Citi said. BorgWarner (BWA) was upgraded at KeyBanc to buy from hold. $92 price target. Strong European light vehicle sales, KeyBanc said. Hancock Holding Co. (HBHC) was downgraded at Credit Suisse to underperform from neutral. $25 price target. Core margin lower than expected, Credit Suisse said. HMS Holdings (HMSY) was downgraded at Oppenheimer to perform from outperform. Strong run-up in share price, Oppenheimer said. ImmunoGen (IMGN - Get Report) was downgraded at Oppenheimer to perform from outperform. $14 price target. Valuation call as T-DM1 success priced in, Oppenheimer said. Ingredion (INGR) was downgraded at Citigroup to neutral from buy. $77 price target. Declining sugar prices to limit 2013 EPS growth, Citigroup said. Life Technologies (LIFE) downgraded at UBS to neutral from buy, UBS said. $65 price target. Upside limited at current levels. Magna International (MGA) upgraded at KeyBanc to buy from hold, KeyBanc said. $61 price target. Strong European light vehicle sales. NYSE Euronext (NYX) downgraded at UBS to neutral from buy, UBS said. $34 price target. Prefer ICE for exposure to attractive transaction. Transocean (RIG - Get Report) upgraded at Guggenheim to buy from neutral, Guggenheim said. $75 price target. Potential yield upside. SVB Financial Group (SIVB) downgraded at Citigroup to neutral from buy, Citigroup said. $64 price target. Valuation call. Terex (TEX) upgraded at BofA Merrill to neutral from underpeform, Bank of America Merrill Lynch said. $34 price target. Positive read across from aerial work platform competitors.
STOCK COMMENTS / EPS CHANGESBaker Hughes (BHI) numbers raised at Guggenheim. Shares of BHI now seen reaching $50, Guggenheim said. Estimates also raised on multiple expansion. Neutral rating. The Hershey Company (HSY) target raised at Deutsche Bank. Shares of HSY now seen reaching $72, Deutsche Bank said. Deserves a premium. Hold rating. JB Hunt Transport Services (JBHT) numbers raised at Credit Suisse. Shares of JBHT now seen reaching $68, Credit Suisse said. Estimates also raised on intermodal growth. Neutral rating. Oshkosh Corp (OSK) numbers raised at Credit Suisse. Shares of OSK now seen reaching $38, Credit Suisse said. Estimates also raised on tele-handling its business. Neutral rating. QLogic Corporation (QLGC) target raised at Cantor Fitzgerald to $11.50, Cantor Fitzgerald said. Revenue compression arrested. Hold rating. >To submit a news tip, email: email@example.com.
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