NEW YORK ( TheStreet) -- CHANGE IN RATINGS
American Campus Comm (ACC) was downgraded at UBS to neutral from buy. Increasing expenses and dispositions to fund existing development pipeline can dilute earnings, UBS said. $37 price target.
AOL (AOL) was initiated with a buy rating at Bank of America/Merrill Lynch. $47 price target. Company has an attractive 7% free cashflow yield, BofA/Merrill said.
AvalonBay (AVB) was downgraded to hold at TheStreet Ratings.BBCN Bancorp (BBCN) was upgraded at BMO Capital to outperform. $17 price target. Valuation call, as the company can deliver above-average earnings growth, BMO Capital said. (BCR) was upgraded at Goldman Sachs to neutral from sell. Negative catalysts have been realized, Goldman Sachs said. $132 price target. CR Bard was upgraded at Piper Jaffray to overweight from neutral. $140 price target. Organic growth profile is improving, Piper Jaffray said. Broadcom (BRCM) was downgraded at Wedbush to neutral from outperform. $27 price target. Company will be hurt by a choppier mobile market, Wedbush said. Coach (COH) was downgraded at Bank of America/Merrill Lynch to neutral. Turnaround will take more time than expected, BofA/Merrill said. $54 price target. (CROX) was downgraded to hold at TheStreet Ratings. DuPont (DD) was upgraded at J.P. Morgan to overweight from neutral. $67 price target. Leveraged to an acceleration in global economic growth, J.P. Morgan said. EOG Resources (EOG) was downgraded at FBR Capital Markets to market perform from outperform. Valuation call, as the sector has made a big run year to date, FBR Capital Markets said. Exelon (EXC) was downgraded at Jefferies to underperform from hold. Valuation call, with $24.50 price target, Jefferies said. Eaton Vance (EV) was upgraded at Credit Suisse to outperform from underperform. $46 price target. Company is delivering solid organic growth in a difficult environment, Credit Suisse said. Finish Line (FINL) was upgraded at Canaccord Genuity to buy from hold. $28 price target. Running trends are improving, Canaccord Genuity said. Fossil (FOSL) was upgraded at Piper Jaffray to overweight from neutral. $147 price target. Estimates were also increased, as margins appear to be at an inflection point, Piper Jaffray said. Medtronic (MDT) was upgraded at Deutsche Bank to buy from hold. $66 price target. Company has several potential product catalysts, Deutsche Bank said. Matador Resources (MTDR) was downgraded at Canaccord Genuity to hold from buy. $21 price target. Company lacks near-term catalysts, Canaccord Genuity 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 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