NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Cardinal Health (CAH) was upgraded at Leerink Swann to outperform from market perform. $75 price target. CVS Caremark (CVS) joint venture will drive growth, Leerink Swann said.
Cisco (CSCO) was initiated with a sell rating at Citigroup. $18 price target. Expecting share loss ahead, Citigroup said.
Ciena (CIEN) was initiated with a neutral rating at Citigroup. $25 price target. Strong tailwinds likely to calm down after string of good quarters, Citigroup said.
Entergy (ETR) was downgraded at Deutsche Bank to hold from buy. $64 price target. Fed taper could weigh on the group, Deutsche Bank said.
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Labcorp (LH) was downgraded at Canaccord Genuity to hold. $91 price target. Company is guiding toward lower earnings, Canaccord Genuity said.
Owens Illinois (OI) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a $35 price target, Goldman said.
Children's Place (PLCE) was upgraded at FBR Capital Markets to outperform from market perform. $62 price target. Company should benefit from cold weather and easy comps in 2014, FBR Capital Markets said.