NEW YORK (TheStreet) -- RATINGS CHANGES
Apollo Global Management (APOL) was upgraded to hold at TheStreet Ratings.
Comerica (CMA) was upgraded at Wells Fargo to market perform from underperform. Company is leveraged to better commercial lending activity, Wells Fargo said.
CenterPoint Energy (CNP) was upgraded to buy at TheStreet Ratings.Carter's (CRI) was upgraded at Piper Jaffray to overweight from neutral. Twelve-month price target is $92. Company can deliver solid execution in the presence of a favorable secular backdrop, Piper Jaffray said. Cognizant Technology Solutions (CTSH) was upgraded at UBS to buy from neutral. Well-positioned for the current demand environment, and more formal capital return policy could be announced later this year, UBS said. Twelve-month price target is $58. (DOV) was upgraded at Credit Suisse to outperform from neutral. Twelve-month price target is $93. Estimates were also boosted, as acquisitions can help augment consistent double-digit earnings growth, Credit Suisse said. DSW (DSW) was upgraded at Brean Capital to hold from sell. Valuation call, as the stock is already pricing in a lot of bad news, Brean Capital said. Edison (EIX) was downgraded at Argus to hold from buy. Valuation call, as the stock is up 27% since mid-January, Argus said. (F - Get Report) was initiated with a neutral at Nomura. Twelve-month price target is $15. North America margins may have peaked, Nomura said. Fortinet (FTNT) was upgraded at Wells Fargo to outperform from market perform. Improved refresh cycle and better network security spending could drive higher growth, Wells Fargo said. General Motors (GM - Get Report) was initiated with a "reduce" rating at Nomura. Twelve-month price target is $32. China margins appear to be peaking, Nomura said. Intuitive Surgical (ISRG) was upgraded at JMP Securities to outperform from underperform. Twelve-month price target is $700. Estimates were also boosted, following the FDA approval of the fourth-generation da Vinci system, JMP Securities said.
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