NEW YORK (TheStreet) -- CHANGE IN RATINGS
Alon USA Energy (ALJ) was downgraded to hold at TheStreet Ratings.
AOL (AOL) was upgraded at Topeka Capital to buy from hold. $43 price target. Risk/reward is compelling at current levels, Topeka Capital said.
Cardinal Health (CAH) was initiated with a neutral rating at Sterne Agee. $48 price target. Company will likely grow slower than its peers, Sterne Agee said.Cisco (CSCO) was initiated with an underperform rating at Credit Suisse. $21 price target. SDN architecture will likely cut into industry margins, Credit Suisse said. Disney (DIS) was downgraded at Morgan Stanley to equal-weight. $70 price target. Company lacks near-term catalysts, Morgan Stanley said. FedEx (FDX) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a $116 price target, Goldman said.
(GIS) was downgraded at Wells Fargo to market perform from outperform. U.S. retail environment remains weak, Wells Fargo said. Groupon (GRPN) was upgraded at Stifel Nicolaus to buy from hold. $16 price target. Growth is accelerating in the local business and Europe appears to be stabilizing, Stifel Nicolaus said. Huntsman (HUN) was upgraded at Bank of America/Merrill Lynch to buy from neutral. $24 price target. New strategic plan can unlock shareholder value, BofA/Merrill said. Juniper (JNPR) was initiated with a neutral rating at Credit Suisse. $20 price target. Secular concerns will likely offset a cyclical improvement in the core business, Credit Suisse said. McKesson (MCK) was initiated with a buy rating at Sterne Agee. $80 price target. Company has a dominant market share of specialty drugs, Sterne Agee said.
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 + 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