NEW YORK (TheStreet) -- RATINGS CHANGES
American Eagle (AEO) was downgraded at Janney Montgomery to neutral from buy. Company has an excees inventory overhang, Janney Montgomery said.
Allegiant (ALGT) was upgraded at Deutsche Bank to buy from hold to buy. Twelve-month price target is $130. Estimates were also increased, given better sales trends and cost controls, Deutsch Bank said.
BOK Financial (BOKF) was downgraded at BMO Capital to underperform from market perform. Twelve-month price target is $61. Company faces near-term earnings pressure, BMO Capital said.Cisco (CSCO) was downgraded at Wunderlich to hold from buy. Valuation call, based on a 12-month price target of $24. (DPS) was downgraded at Wells Fargo to underperform from market perform. Estimates were also cut, given increased competition, Wells Fargo said. First Acceptance (FAC) was upgraded to buy at TheStreet Ratings. FireEye (FEYE) was upgraded at Wedbush to outperform from neutral. Twelve-month price target is $72. Stock has declined, but the business continues to deliver robust growth, Wedbush said. Synageva (GEVA) was upgraded at Wedbush to outperform from neutral. Twelve-month price target is $93. Valuation call, based on recent industry pullback, Wedbush said. KLA-Tencor (KLAC) was downgraded at Pacific Crest to sector perform. Stock is up 7% year to date, despite the prospect of lower expected market demand, Pacific Crest said. (LG) was upgraded at Stifel Nicolaus to buy from hold. Twelve-month price target is $50. Alabama Gas purchase should add to earnings, Stifel Nicolaus said.
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