NEW YORK ( TheStreet) -- CHANGE IN RATINGSFranklin Resources (BEN - Get Report) was downgraded to neutral, Sterne Agee said. Valuation call, based on a $170 price target.
Allergan (AGN) was upgraded from neutral to buy at Lazard. $115 price target. Selloff appears overdone, Lazard Capital Markets said. Commvault (CVLT) was upgraded from neutral to overweight at Piper. Simpana 10 should drive market share gains, Piper Jaffray said. Hyatt Hotels (H) was cut from outperform to neutral at Credit Suisse. $41 price target. Company is posting disappointing growth, Credit Suisse said. Jack Henry (JKHY) was downgraded to market perform at Wells. Valuation call, as the stock is up 33% over the past year, Wells Fargo said.
Nabors (NBR) was upgraded to hold, Jefferies said. Valuation call, based on a $14 price target. Regal-Beloit (RBC) was upgraded from hold to buy at Keybanc. $75 price target. Pullback has created an attractive entry point, Keybanc said. Superior Energy (SPN) was upgraded from hold to buy at Jefferies. $33 price target. Pricing concerns have eased, Jefferies said.