NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Allstate (ALL) was downgraded at Deutsche Bank to hold from buy. Valuation call, based on a $57 price target, Deutsche said.
Ameriprise (AMP) was downgraded at Citigroup to neutral from buy. Valuation call, based on a $97 price target, Citi said.
Barrick Gold (ABX) was downgraded to sell at TheStreet Ratings.Broadcom (BRCM) was upgraded at Drexel Hamilton to buy from hold. $38 price target. Broadband and multimedia businesses should drive growth, Drexel Hamilton said. CBOE (CBOE) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a $49 price target, Goldman said. Concur (CNQR) was cut from the U.S. Focus List at Credit Suisse. Valuation call, based on a $118 price target, Credit Suisse said. Discovery (DISCA) was upgraded at Pivotal Research to hold from sell. $82 price target. Stock has pulled back to a more realistic valuation, Pivotal said.
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