NEW YORK (TheStreet) -- RATINGS CHANGES
Alcoa (AA) was upgraded at Deutsche Bank to hold from sell. Twelve-month price target is $10. Company should benefit from higher aluminum prices, Deutsche said.
Ann (ANN) was downgraded at Oppenheimer to perform from outperform. Valuation call, as the stock is trading above its average historical valuation, Oppenheimer said.
CR Bard (BCR) was downgraded at Bank of America/Merrill Lynch to neutral from buy. Valuation call, based on a 12-month price target of $150, BofA/Merrill said.B&G Foods (BGS) was upgraded at RBC Capital to outperform from sector perform. Twelve-month price target is $36. Estimates were also boosted, given the Specialty Brands acquisition, RBC Capital said. (CNVR) was downgraded at Goldman Sachs to sell. Valuation call, as the stock has outperformed during the recent market selloff, Goldman said. Denbury Resources (DNR) was upgraded to buy at TheStreet Ratings. Rocket Fuel (FUEL) was upgraded at BMO Capital to outperform from market perform. Twelve-month price target is $58. Consensus appears to be overlooking the market opportunity in the ad tech space, BMO Capital said. Greenbrier Companies (GBX) was upgraded to buy at TheStreet Ratings. Intel (INTC) was upgraded at Pacific Crest to outperform from sector perform. Twelve-month price target is $31. Corporate PC demand is improving, Pacific Crest said. (KND) was upgraded at RBC Capital to outperform. Twelve-month price target is $21. Company should benefit from recent LTAC legislation, RBC Capital said.
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