Norfolk Southern was upgraded at Bank of America/Merrill Lynch to buy. Twelve-month price target is $103. Company is continuing its impressive rebound, BofA/Merrill said.
Nortel Inversora (NTL) was upgraded to buy at TheStreet Ratings.
Parker Hannifin (PH) was downgraded at J.P. Morgan to neutral from overweight. Company missed earnings expectations, J.P. Morgan said.
RLJ Lodging Trust (RLJ) was upgraded to buy at TheStreet Ratings.
Sandisk (SNDK) was downgraded at Needham to buy from strong buy. Valuation call, based on a 12-month price target of $83.
Texas Capital (TCBI) was downgraded at Sterne Agee to neutral from buy. Twelve-month price target is $65. Estimates were also cut, because of higher costs and net interest margin pressure, Sterne Agee said.
Total System (TSS) was upgraded at Goldman Sachs to neutral from sell. Twelve-month price target is $31. Organic growth profile is improving, Goldman Sachs said.
Varian Medical (VAR) was upgraded at Cantor Fitzgerald to buy from hold. Twelve-month price target is $93. Macro picture is improving, Cantor Fitzgerald said. West (WSTC) was downgraded at Goldman Sachs to neutral from buy. Twelve-month price target is $27. Company has limited near-term catalysts, Goldman 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