NEW YORK (TheStreet) -- CHANGE IN RATINGS
Atmel (ATML) was upgraded at Needham from hold to buy. $10 price target. Touch notebook market should be a significant growth engine, Needham said.
BP (BP) was downgraded to hold at TheStreet Ratings.
Seacor Holdings (CKH) was downgraded to hold at TheStreet Ratings.Cliffs Natural (CLF) was upgraded at J.P. Morgan from neutral to overweight. $40 price target. Stock is trading at a record discount to seaborne iron ore prices, J.P. Morgan said. Cree (CREE) was downgraded at Oppenheimer to perform from outperform. Well-positioning long term, but valuation is full, Oppenheimer said. Charles River Laboratories (CRL) was upgraded at Jefferies to buy from hold. $50 price target. Tailwinds accumulating and strengthening, Jefferies said. Coinstar (CSTR) was downgraded at J.P. Morgan from neutral to underweight. Valuation call, based on a $51 price target, J.P. Morgan said. Cypress Semiconductor (CY) was upgraded at Needham from hold to buy. $13 price target. Valuation call, as the stock is down about 50% over the past year, Needham said. Gilead (GILD) was upgraded at Credit Suisse from neutral to outperform. $55 price target. Stock offers growth at a reasonable price, Credit Suisse said. Intrepid Potash (IPI) was downgraded at Dahlman Rose to sell. $16 price target. See a weaker 2013 outlook for the potash market, Dahlman Rose said. Key Energy (KEG) was downgraded at Wells Fargo to market perform. Estimates were also cut. Lufkin (LUFK) was upgraded at Wells Fargo from market perform to outperform. Guidance appears achievable, Wells Fargo said. Oceaneering (OII) was downgraded at Guggenheim to neutral. $68 price target. Valuation call, as the stock is up 18% year to date, Guggenheim said. PNM Resources (PNM) was upgraded at Jefferies to buy from hold. $24 price target. Inclusion of Palo Verde Unit 3 in rate base, Jefferies said. Riverbed (RVBD) was upgraded at Needham to strong buy. New products should drive growth over the coming quarters, Needham said. The Fresh Market (TFM) was upgraded at Goldman Sachs from neutral to buy. $60 price target. Stock is down 23% since late November, Goldman said. Triumph (TGI) was downgraded at Drexel Hamilton from buy to hold. $75 price target. Potential budget sequestration adds risk to the model, Drexel Hamilton said.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV