NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Amgen (AMGN - Get Report) estimates, price target were raised at BMO Capital Markets. Shares are now seen reaching $87. Estimates were also increased, given the company's solid pipeline, BMO Capital Markets said. Market Perform rating.
Air Products (APD) was upgraded at Robert Baird to outperform from neutral. $130 price target. Activist investor can drive operating progress faster, Robert Baird said.
Alexandria Real Estate Equities (ARE) was upgraded to buy at TheStreet Ratings.Saul Centers (BFS) was upgraded to hold at TheStreet Ratings. Comcast (CMCSA - Get Report) was upgraded at Robert Baird to outperform from neutral. $54 price target. Stock has underperformed, despite solid execution, Robert Baird said. (CNQR) was upgraded at Bank of America/Merrill Lynch to neutral from underperform. $94 price target. Growth is accelerating, BofA/Merrill said. Covance (CVD) was downgraded at BofA/Merrill to neutral. $85 price target. Valuation call, as the stock is up 43% so far this year, BofA/Merrill said. Global Payments (GPN) was upgraded at Oppenheimer to outperform from perform. $55 price target. Canada appears to have stabilized and Europe remains strong, Oppenheimer said. HMA (HMA) was downgraded at UBS to neutral from buy as Community Heath is not likely to see competing bids to acquire the company, said UBS. Price target goes to $14. (ITRI) was downgraded at Brean Capital to sell from hold. $34 price target. Company cut its guidance again, Brean said. JCPenney (JCP - Get Report) was downgraded at Citigroup to sell from neutral and given an $11 price target. Neither stabilization nor a turnaround is evident, Citi said. LPL Financial (LPLA) was upgraded at Citigroup to buy from neutral and given a $45 price target. Leverage to rising rates and potential bank creation offer upside, Citi said. Mead Johnson (MJN) was initiated with a perform rating at Oppenheimer. Valuation call, Oppenheimer said. Nextera Energy (NEE) was upgraded at Morgan Stanley to overweight. $105 price target. Resources business holds greater value, Morgan Stanley said. Oil States (OIS) was downgraded at Williams Financial to hold from buy. $105 price target. Company missed expectations once again, Williams said.