NEW YORK (TheStreet) -- CHANGE IN RATINGS
Air Products (APD) was upgraded at Citigroup to buy. Twelve-month price target is $133. Meetings with management suggest that consensus expectations could be too low, Citigroup said.
Baidu.com (BIDU) was downgraded at Morgan Stanley to equal-weight from overweight. Twelve-month price target is $179.60. Company guided to lower margins, Morgan Stanley said.
Baidu.com was upgraded at Stifel Nicolaus to buy from hold. Twelve-month price target is $238. Mobile search franchise is rapidly growing, Stifel Nicolaus said.
Bio-Rad Laboratories (BIO) was upgraded to buy at TheStreet Ratings.
CAE (CAE) was upgraded to buy at TheStreet Ratings.
Clean Harbors (CLH) was downgraded at Oppenheimer to perform from outperform. Company is not executing as well and lacks visibility, Oppenheimer said.
Clean Harbors (CLH) was downgraded at Wedbush to neutral from outperform. Twelve-month price target is $50. Estimates were also cut, as a recovery in fundamentals could take time, Wedbush said.
Cypress Semiconductor (CY) was downgraded at Pacific Crest to sector perform from outperform. Company is facing increased price competition and seeing management turnover, Pacific Crest said.
Dyax (DYAX) was downgraded at Leerink Swann to market perform. Twelve-month price target is $12. Company lacks near-term catalysts, Leerink Swann said.
First Solar (FSLR) was upgraded at Robert Baird to outperform from neutral. Twelve-month price target is $67. Company is a market leader and should continue to improve its finances, Robert Baird said.
Humana (HUM) was downgraded at Citigroup to sell from neutral. Valuation call, as the stock trades at a 30% premium to the group, Citigroup said.
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