NEW YORK ( TheStreet) -- CHANGE IN RATINGS
American Campus Communities (ACC) was downgraded to hold at TheStreet Ratings.
Bruker (BRKR) was upgraded at Bank of America/Merrill Lynch to buy. $26 price target. Company trades at a 40% discount to its peers, but can expand margins, BofA/Merrill said.Cisco (CSCO - Get Report) was upgraded at J.P. Morgan to neutral from underweight. $26 price target. Enterprise networking trends improving, J.P. Morgan said. Concho (CXO) was downgraded at UBS to neutral from buy and given a $103 price target. Valuation is full, and there is upside risk to capex, UBS said. Deere (DE - Get Report) was downgraded at UBS to sell from neutral and given a $72 price target. Lower corn prices will pressure demand for Ag equipment, UBS said. Devry (DV) was downgraded at Compass Point to neutral from buy. $28 price target. Expect continued deterioration and the university and medical internation program, Compass Point said. IHS (IHS) was upgraded at Deutsche Bank to buy from hold. $125 price target. Improving economy could lead to accelerating sales growth, Deutsche Bank said. (MG) was downgraded to hold at TheStreet Ratings. Onyx Pharmaceuticals (ONXX) was downgraded at BMO Capital to market perform from outperform. $143 price target. Company is seeing slower sales growth, BMO Capital said. Orbitz (OWW) was downgraded at Lazard Capital Markets to neutral from buy. Valuation call, as the stock has made a big run, Lazard Capital Markets said. Suntrust (STI - Get Report) was downgraded at Argus Research to hold from buy. Valuation call, as the stock is up 60% since last June, Argus said. (STJ) was upgraded at Wells Fargo to outperform from market perform. CardioMEMS will likely receive U.S. approval and the stock is the cheapest in the industry, Wells said. Sun Edison (SUNE) was downgraded at Ardour to hold from buy. Valuation call, based on an $8 price target, Ardour said.
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