Analysts' Actions: AVB BBBY BBT UNH YUM
Iconix Brand Group (ICON) was downgraded at Citigroup to neutral from buy. $25 price target. Buffalo acquisition nice, but pricey, Citigroup said.
Invesco (BBT) was downgraded at BMO Capital from outperform to market perform. Valuation call, based on a $29 price target, BMO said.
Kohl's (KSS) was downgraded at Citigroup to neutral from buy. $50 price target. Difficult turnaround attempt, Citi said.
Life Technologies (LIFE) was downgraded at Leerink Swann from outperform to market perform. Taking a cautious view on the next-generation sequencing business, and the stock has made a big run, Leerink Swann said.
Legg Mason (LM) was downgraded at BMO Capital from market perform to underperform. $26 price target. Company is not positioned well to participate in a reflection toward equities, BMO Capital said. Macy's (BBT) was upgraded at Citigroup to buy from neutral. $46 price target. Benficiary of a stronger housing market, Citigroup said. National Oilwell (NOV) was downgraded at Bernstein Research from outperform to market perform. $80 price target. Backlog will likely soon peak, Bernstein Research said. National Oilwell Varco was downgraded at Bernstein to market perform from outperform. $80 price target. Expectations that backlogs will soon peak, Bernstein said. New York Community Bancorp (NYCB) was upgraded at Morgan Stanley to overweight. $15 price target. Company restructured its debt, and net interest margin is holding up better than expected, Morgan Stanley said. PulteGroup (PHM) was downgraded at Barclays from overweight to equal-weight. $21 price target. New-home prices will likely flatten out, Barclays said. Realogy (RLGY) was downgraded at Barclays from overweight to equal-weight. Valuation call, based on a $46 price target, Barclays said. Sandridge (SD) was downgraded at J.P. Morgan from overweight to underweight. $5 price target. Company faces a potential financial crunch, J.P. Morgan said. State Street (STT) was downgraded at Guggenheim from buy to neutral. $63 price target. Valuation call, as the stock is up 32% since the fall, Guggenheim said. Constellation Brands (STZ) was downgraded at Stifel Nicolaus from buy to hold. DOJ suit adds risk to the story. Stillwater Mining (SWC) was upgraded at J.P. Morgan from neutral to overweight. $19 price target. Company is leveraged to rising palladium prices, J.P. Morgan said. Stryker (SYK) was downgraded at UBS to neutral from buy. Reasonably valued and strong recent move, UBS said. Target (TGT) was upgraded at Citigroup to buy from neutral. $72 price target. Well-positioned to gain market share through the new Threshold line, Citi said. Toll Brothers (TOL) was downgraded at Barclays to underweight from equal-weight. $36 price target. Expect a shift toward more entry-level home buyers, Barclays said.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV