NEW YORK (TheStreet) -- RATINGS CHANGES
Anixter (AXE) was downgraded at Robert Baird to neutral from outperform. Twelve-month price target is $108. Valuation call, as the stock has outperformed the market over the past two years, Robert Baird said.
Biomarin (BMRN) was upgraded at Credit Suisse to outperform from neutral. Twelve-month price target is $73. Stock has pulled back to an attractive entry point, Credit Suisse said.
Capital One (COF) was upgraded at Nomura to buy from neutral. Twelve-month price target was raised to $94. Loan growth to turn positive this year and low intangible amortization creates a tailwind in 2014, Nomura said.
Ecopetrol (EC) was downgraded to hold at TheStreet Ratings.
Halcon (HK) was upgraded to hold at TheStreet Ratings.
L Brands (LB) was upgraded at Oppenheimer to perform from underperform. Twelve-month price target is $56. Company can continue to expand its brands overseas, Oppenheimer said.
J.M. Smucker (SJM) was upgraded at Wells Fargo to market perform from underperform. M&A potential could drive growth in the coming quarters, Wells Fargo said.
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