NEW YORK (TheStreet) -- RATINGS CHANGES
Cliffs Natural Resources (CLF) was downgraded to sell at TheStreet Ratings.
Centene (CNC) was downgraded at Wells Fargo to market perform from outperform. Florida managed-care Medicaid no longer appears to be a growth driver for the company, Wells Fargo said.
General Motors (GM) was downgraded at Deutsche Bank to hold from buy. Twelve-month price target is $41. Company is seeing deceleration in contribution margins, Deutsche Bank said.
Starwood (HOT) was downgraded at Wells Fargo to market perform from outperform. Company lacks near-term catalysts, Wells Fargo said.
Informatica (INFA) was downgraded at Robert Baird to neutral from outperform. Twelve-month price target is $36. Demand has moderated in financial services and the public sector, Robert Baird said.
Informatica was downgraded at Credit Suisse to neutral from outperform. Twelve-month price target is $37. Estimates were also cut, given management's new guidance, Credit Suisse said.