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CHANGE IN RATINGS
(ADM - Get Report)
was upgraded at Argus to buy from hold. $49 price target. Company should benefit from strong corn and soybean crops, Argus said.
ARC Document Solutions
was upgraded to hold at TheStreet Ratings.
was upgraded at Oppenheimer to outperform from perform. $48 price target. Strong quarter and forward guidance, Oppenheimer said.
was downgraded to hold at TheStreet Ratings.
was upgraded at Bank of America/Merrill Lynch to buy from neutral. $75 price target. Stock has underperformed, but execution is improving and trends are accelerating, BofA/Merrill said.
(FB - Get Report)
was downgraded at BMO Capital to market perform from outperform. $50 price target. Company lacks new stories to potentially expand the multiple, BMO Capital said.
was downgraded at Canaccord Genuity to hold from buy. Valuation call, based on an $80 price target, Canaccord Genuity said.
HCC Insurance Holdings
was upgraded at William Blair to market perform from underperform. Core business lines are generating better-than-expected profitability, and the professional lines segment has shown evidence of a rebound. $45.16 price target with earnings raised into 2014.
was upgraded at Credit Suisse to outperform from neutral. $100 price target. Shale acceleration drives net asset value higher, Credit Suisse said.
was downgraded at Sterne Agee to neutral from buy. Estimates were also cut, as momentum is waning, Sterne Agee said.
was downgraded at Piper Jaffray to neutral from overweight. Valuation call, based on a $46 price target, Piper Jaffray said.
was upgraded at Mizuho to buy from neutral. $47 price target. Company is executing well and can expand margins, Mizuho said.
was downgraded at ISI Group to neutral from buy. Valuation call, based on a $26 price target, ISI Group.
was downgraded at Robert Baird to neutral from outperform. $87 price target. Company will likely have lower earnings leverage in the medium term, Robert Baird said.
was upgraded at Robert Baird to outperform from neutral. $110 price target. Company should close its discount to peers in the Permian basin, Robert Baird said.