Airgas: Analysts' Upgrades, Downgrades

Airgas is upgraded at Robert Baird from Neutral to Outperform. $74 price target.
By TheStreet Staff ,

Editor's Note: Green and red arrows refer to intraday stock price movement.

NEW YORK (

TheStreet

) --

CHANGE IN RATINGS

Airgas

(ARG)

was upgraded at Robert Baird from Neutral to Outperform. $74 price target. Stock should outperform over the next year, even if the APD hostile bid is not successful, Baird said.

Centerpoint Energy

(CNP) - Get Report

was initiated with an Outperform rating at Oppenheimer. $18 price target. Company can deliver above-average growth.

Capital One

(COF) - Get Report

was upgraded at FBR from Market Perform to Outperform. $53 price target. Near-term consensus estimates appear too low.

Cabot Oil & Gas

(COG) - Get Report

was downgraded at UBS from Buy to Neutral. $38 price target. Company will be hurt by lower natural gas prices.

Calpine

(CPN)

was initiated with an Outperform rating at Oppenheimer. $16 price target. Company should benefit from improving demand in its four core markets, Oppenheimer said.

CIT Group

(CIT) - Get Report

was initiated at Credit Suisse with a Neutral rating and $45 price target. CIT is a middle-market commercial lender operating in four primary business: corporate finance, trade finance, transportation, and vendor finance. Expect high-single digit returns over the next several years.

Donaldson

(DCI) - Get Report

was downgraded at William Blair to Market Perform. Valuation call, as the stock is already trading at 19 times expected 2012 earnings, William Blair said.

Davita

(DVA) - Get Report

was initiated with a Buy rating at Goldman Sachs. $90 price target. Company is an attractive secular growth story and can further expand its margins, Goldman Sachs said.

DryShips

(DRYS) - Get Report

was upgraded at Credit Suisse to Outperform from Neutral. The deepwater rig market has turned a corner, Credit Suisse said. Price target raised to $9 from $5.

Equifax

(EFX) - Get Report

was initiated at Barclays with an Equal Weight rating and $40 price target. Strong free cash flow and globally recognized brand with high barriers to entry, Barclays said.

Fair Isaac

(FICO) - Get Report

was initiated at Barclays with an Equal Weight rating and $26 price target. Strong free cash flow, and globally recognized brand with high barriers to entry, Barclays said.

Lululemon

(LULU) - Get Report

was downgraded at Jefferies from Hold to Underperform. Valuation call, based on a $65 price target.

Nordic American

(NAT) - Get Report

was initiated with a Buy rating at Goldman Sachs. $29 price target. Company is likely to grow its dividend over time.

National Cinemedia

(NCMI) - Get Report

was initiated with an Equal-weight rating at Morgan Stanley. $21 price target. Stock is already pricing in potential advertising growth.

Oceaneering International

(OII) - Get Report

was downgraded at Wells Fargo to Market Perform. Valuation call.

Overseas Shipholding

(OSG) - Get Report

was initiated with a Sell rating at Goldman Sachs.$29 price target. Company has a high cost structure and could be hurt by lower VLCC rates.

Procter & Gamble

(PG) - Get Report

was upgraded to Buy at Goldman Sachs. $75 price target. Company can return to double-digit earnings growth in 2011.

Sealed Air

(SEE) - Get Report

was initiated with a Hold rating at Keybanc. Higher resin prices could cut into profits, Keybanc said.

Sara Lee

( SLE) was initiated with a Hold rating at Keybanc. Stock is already pricing in the potential for higher sales and earnings growth, Keybanc said.

Sempra Energy

(SRE) - Get Report

was initiated with a Perform rating at Oppenheimer. $56 price target. Upside could be limited, given the company's natural gas businesses, Oppenheimer said.

Torchmark

(TMK)

was downgraded to Neutral from Buy on valuation by Bank of America/Merrill Lynch. Maintain $69 price target.

Ultra Petroleum

(UPL)

was downgraded at UBS from Buy to Neutral. $51 price target. Estimates also cut, because of lower natural gas prices.

This article was written by a staff member of TheStreet.

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