Raytheon (RTN) was upgraded at Sterne Agee to buy from neutral. Twelve-month price target is $114. Stable budgets and buybacks should aid earnings growth, Sterne Agee said.
Raytheon was upgraded at Drexel Hamilton to buy. Twelve-month price target is $108. Pension results have now become an earnings tailwind, Drexel Hamilton said.
Suncoke (SXC) was upgraded at Credit Suisse to outperform from neutral. Twelve-month price target is $24. Company has multiple potential catalysts for 2014, Credit Suisse said.
Tetra Tech (TTEK) was upgraded at Robert Baird to outperform from neutral. Twelve-month price target is $36. Company generates strong cash flow and can improve leverage, Robert Baird said.
Stock Comments / EPS Changes
American Electric Power (AEP) price target, EPS estimates were boosted at UBS. Driven by upcoming rate relief and a continued focus on FERC formula rate transmission spending, UBS said. Twelve-month price target is $48. Neutral rating.
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