NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Bridgepoint (BPI) downgraded at Deutsche from Hold to Sell. $13 price target. Competitors are cutting prices, which could weigh on earnings.
Calpine (CPN) Downgraded at Jefferies to Hold From Buy. Limited pricing upside in Texas. $21 price target.
STOCK COMMENTS / EPS CHANGESAmerican Axle & Manufacturing (AXL) lowers price target, estimates at Jefferies. AXL decreased its numbers. 3Q miss and reduction in backlog due to cancelled capacity expansion. $20 price target and Hold rating. Covance (CVD) estimates, target increased at Credit Suisse. CVD estimates were raised through 2015, Credit Suisse said. Company has strong earnings momentum. Outperform rating and new $103 price target. CVR Refining (CVD) lowers estimates, price target at UBS. CVR decreased its numbers, UBS said. Refining margin capture rate assumptions decreased. $27 price target and Buy rating.
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