NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Abercrombie & Fitch (ANF) was initiated with a buy rating at Nomura. $43 price target. Management is taking action to combat weaker sales, Nomura said.
BioMed Realty Trust (BMR) was downgraded to hold at TheStreet Ratings.
Community Health Systems (CYH) was downgraded at Citigroup to neutral from buy and given a $42 price target. Third quarter will be sequentially weaker, and the HMA acquisition will add leverage and operational risk, Citigroup said.Domino's Pizza (DPZ) was initiated with a buy rating at Keybanc. $70 price target. Company can continue to deliver solid growth and deserves a premium valuation, Keybanc said. EOG Resources (EOG) was upgraded at Morgan Stanley to overweight. $200 price target. Company is growing inventory and free cash flow is at an inflection point, though the company trades at a discount to its peers, Morgan Stanley said. (ETN) was upgraded at Morgan Stanley to overweight from neutral. $76 price target. $5 EPS in 2014 is in play and favorable risk/reward, Morgan Stanley said. Expedia (EXPE) was upgraded to buy at Lazard Capital Markets. $60 price target. Recent checks show solid growth and Travelocity may exceed expectations, Lazard Capital Markets said. Gap (GPS) was initiated with a neutral rating at Nomura. $42 price target. Total sales volume remains below 2004 levels, Nomura said. HollyFrontier (HFC) was downgraded at Morgan Stanley to equal weight. Valuation call, based on a $53 price target, Morgan Stanley said. IAC/InterActiveCorp (IACI) downgraded at Canaccord Genuity to hold from buy. Valuation call, based on a $56 price target, Canaccord Genuity said. (MCO) was initiated with an outperform rating at William Blair. Legal and regulatory risks are easing, and Europe and structured finance market should drive growth, William Blair said. NetApp (NTAP) was upgraded at UBS to buy from neutral and given a $50 price target. The company is gaining share and the product cycle will be a benefit, UBS said. Outerwall (OUTR) was downgraded at Pacific Crest to underperform from sector perform. DVD rentals will likely continue to be hurt by a technology transition, Pacific Crest said. Fair value is near $32.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV