NEW YORK ( TheStreet) -- CHANGE IN RATINGSAdvanced Micro (AMD - Get Report) was downgraded at Goldman Sachs to sell from neutral. $2.50 price target. Market is too enthusiastic about recent gaming design wins, Goldman said.
Crane (CR) was downgraded at Ascendiant to hold from buy. Valuation call, as the stock has gained 30% year to date, Ascendiant said. Computer Sciences (CSC) was downgraded at Deutsche Bank to hold from buy. $47 price target. Company has fewer margin expansion opportunities, Deutsche said. 3D Systems (DDD) was downgraded at William Blair to underperform from market perform. Valuation call, as the stock is trading at 45 times expected 2013 earnings, William Blair said.
eBay (EBAY) was initiated with a buy rating at Lazard Capital Markets. $65 price target. Mobile and Paypal can continue to drive growth, Lazard Capital Markets said. Forum Energy Technologies (FET) was initiated with a hold rating at TheStreet Ratings. Great Plains (GXP) was downgraded at J.P. Morgan to neutral from overweight. Less confident about long-term earnings growth, ahead of the next rate case, J.P. Morgan said. Iconix (ICON) was downgraded at Benchmark to hold from buy. Valuation call, based on a $30 price target, Benchmark said. Lincoln National (LNC) was downgraded at Credit Suisse to underperform from neutral. Valuation call, based on a $33 price target, Credit Suisse said. Medtronic (MDT) was downgraded at Credit Suisse to neutral from outperform. Valuation call, based on a $53 price target, Credit Suisse said. Rosetta Resources (ROSE) was upgraded at Wells Fargo to outperform from market perform. Permian acquisition can drive long-term growth, Wells Fargo said.