NEW YORK (TheStreet) -- RATINGS CHANGES
Alcoa (AA) was upgraded at Bank of America/Merrill Lynch to neutral from underperform. Valuation call, based on a 12-month price target of $14, Bank of America/Merrill Lynch said.
Alliance Data (ADS) was upgraded at Nomura to buy. Twelve-month price target is $300. PL portfolio can continue to drive growth, Nomura said.
Big Lots (BIG) was upgraded at Benchmark to buy. Twelve-month price target is $49. Operations appear to have turned around, Benchmark said.Brookdale Senior Living (BKD) was initiated at Jefferies with a buy rating. Pending acquisition of Emeritus (ESC) should drive synergies and incremental equity value, Jefferies said. Twelve-month price target is $40. (CENX) was upgraded at Bank of America/Merrill Lynch to neutral. Twelve-month price target is $14. Company is leveraged to higher aluminum prices, Bank of America/Merrill Lynch said. Global Eagle Entertainment (ENT) was downgraded to sell at TheStreet Ratings. Gaslog Partners (GLOP) was initiated at UBS with a buy rating. Significant built-in growth opportunities, UBS said. Twelve-month price target is $31. Dorian (LPG) was initiated at UBS with a buy rating. LPG market dynamics remain positive, UBS said. Twelve-month price target is $23. Microchip (MCHP) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a 12-month price target of $49, Goldman said. Magnum Hunter (MHR) was upgraded at Stifel Nicolaus to buy from hold. Twelve-month price target is $11. Private placement removes any financing overhang, Stifel Nicolaus said.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV