NEW YORK ( TheStreet) -- CHANGE IN RATINGS
AllianceBernstein (AB) upgraded to buy at TheStreet Ratings.
ACCO Brands (ACCO) downgraded to hold at TheStreet Ratings.
Aruba Networks (ARUN) upgraded at Morgan Stanley to overweight, Morgan Stanley said. $28 price target. Company is realizing higher margins.Colgate-Palmolive (CL) rated new sell at Canaccord. Valuation call, based on a $102 price target. Centurylink (CTL) downgraded at JP Morgan from overweight to neutral, JP Morgan said. $38 price target. Valuation call, following the company's dividend cut. Centurylink downgraded at Nomura to reduce. $30 price target. Company has a lower free cash flow outlook and lowered its dividend. Edison International (EIX) downgraded at Jefferies to underperform from hold, Jefferies said. $40.50 price target. Delay to the restart of San Onofre. Entergy (ETR) downgraded at UBS to sell from neutral, UBS said. $55 price target. Challenging regulatory calendar. EZchip Semiconductor (EZCH) upgraded at Oppenheimer to outperform from perform, Oppenheimer said. $31 price target. Favorable risk- reward. Sourcefire (FIRE) upgraded at UBS to buy from neutral, UBS said. $54 price target. Concerns around federal may be overdone. FMC Technologies (FTI) downgraded at SocGen from buy to hold, Societe Generale said. $55 price target. Valuation call, as the stock is up 25% since late December. Hyatt Hotels (H) downgraded at FBR from outperform to market perform, FBR Capital Markets said. Company faces multiple growth headwinds. Ingram Micro (IM) upgraded at Needham from hold to buy, Needham said. $22 price target. Company is leveraged to higher IT spending. Itron (ITRI) downgraded at JP Morgan from overweight to neutral, JP Morgan said. $45.50 price target. Estimates also cut, given the company's new guidance. Medtronic (MDT) downgraded at Lazard to neutral, Lazard Capital Markets said. Stock is up 30% over the past 8 months and the company lacks near-term catalysts. Nabors Industries (NBR) upgraded at Goldman from neutral to buy, Goldman Sachs said. Company was also placed on the Conviction List. Valuation call, based on a $23 price target. ServiceNow (NOW) upgraded at UBS to buy from sell, UBS said. $36 price target. Platform should drive upside to estimates. Nvidia (NVDA - Get Report) downgraded at Needham from buy to hold, Needham said. Company is seeing lower Tegra demand.
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