NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Aflac (AFL) was upgraded at FBR Capital Markets to outperform from market perform. $71 price target. Company is seeing higher sales and managing its solvency margin ratio better, FBR Capital Markets said.
(CREE) was upgraded at Canaccord Genuity to buy from hold. $80 price target. Company is leveraged to continued demand for lighting and is seeing lower costs, Canaccord Genuity said. Carter's (CRI) was upgraded at Goldman Sachs to buy. $89 price target. Company deserves a premium valuation, Goldman said. Deckers Outdoor (DECK) was upgraded at Canaccord Genuity to buy from hold. $80 price target. Positive checks show improving fundamentals across the industry, Canaccord Genuity said. Duke Energy (DUK - Get Report) was upgraded at Deutsche Bank to buy from hold. $74 price target. Sector appears attractively valued, Deutsche Bank said. FirstEnergy (FE) was upgraded at Jefferies to hold from underperform. $36.50 price target. Valuation call, Jefferies said.
(FINL) was downgraded at Goldman Sachs to sell from neutral. Valuation call, based on a $22 price target, Goldman Sachs said. Hess (HES) was downgraded at Societe Generale to hold from buy. $86 price target. Restructuring process could take longer than expected, Societe Generale said. H&R Block (HRB) was upgraded at Morgan Stanley to overweight. $33 price target. GoHealth relationship can drive near-term growth, Morgan Stanley said. J.C. Penney (JCP - Get Report) was downgraded at Argus to hold from buy. Share offering could dilute investors by more than 40%, Argus said. LKQ (LKQ) was upgraded at Robert Baird to outperform from neutral. $38 price target. Europe can drive near-term growth, Robert Baird said.