NEW YORK ( TheStreet) -- CHANGE IN RATINGS
First Horizon (FHN) was downgraded at Wunderlich to hold from buy. $11 price target. Company is facing headwinds in spread-based banking and fixed-income sales, Wunderlich said.
Fusion-io (FIO) was upgraded at Piper Jaffray to overweight. $17 price target. PCIe flash market is rapidly expanding, Piper Jaffray said.Legg Mason (LM) was downgraded to hold at TheStreet Ratings. Masco (MAS) was upgraded at Oppenheimer to outperform from perform. $25 price target. Company should continue to benefit from a stronger domestic housing market, Oppenheimer said. (MPC - Get Report) was downgraded at Credit Suisse to neutral from outperform. Refining capture remains low, Credit Suisse said. Marvell Technology (MRVL) was upgraded to overweight from neutral at J.P. Morgan. $16 price target. Improved execution and expanding revenue/earnings growth profile, J.P. Morgan said. National Oilwell Varco (NOV - Get Report) was upgraded at Credit Suisse to outperform from neutral. $90 price target. Increased confidence in the company's orders and rig technology margins, Credit Suisse said. Sprouts Farmers Market (SFM - Get Report) was initiated with a neutral rating and $39 price target at UBS. SFM is well-positioned as a low-priced organic grocer, UBS said. Sprouts was initiated with a neutral rating at Goldman Sachs. Valuation call, based on a $33 price target. (TCP) was downgraded to hold at TheStreet Ratings.
STOCK COMMENTS / EPS CHANGESFive Below (FIVE) earnings estimates were raised at UBS based on the second-quarter beat and potential upside from the rubber band bracelet craze. Price target goes to $50. Five Below numbers were raised at Credit Suisse. Shares are now seen reaching $46. Estimates were also increased, as the company is executing well in new markets, Credit Suisse said. Neutral rating. Five Below numbers were raised at Jefferies. Shares are now seen reaching $51. Estimates also increased on strong quarterly results despite tougher seasonal sales, Jefferies said. Buy rating.
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