Best Buy: Analysts' Upgrades, Downgrades

Best Buy downgraded at Raymond James, Oppenheimer. Numbers are lowered at Citigroup.
By TheStreet Staff ,

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

NEW YORK (

TheStreet

) --

CHANGE IN RATINGS

Agilent

(A) - Get Report

upgraded at JP Morgan to Overweight from Underweight, JP Morgan said. Improved business model can drive higher earnings. $46 price target.

BB&T

(BBT) - Get Report

downgraded at Janney from Buy to Neutral. Valuation call, based on a $28 price target.

Best Buy

(BBY) - Get Report

downgraded at Raymond James from Strong Buy to Market Perform, Raymond James said. Company cannot quickly turn around market share losses.

Best Buy

(BBY) - Get Report

numbers lowered at Citigroup. Shares of BBY now seen reaching $37, according to Citigroup. Estimates also cut, as the company is losing market shares. Hold rating.

Best Buy

(BBY) - Get Report

downgraded at Oppenheimer from Outperform to Perform. $39 price target. Company is being hurt by lower TV sales.

CenterPoint Energy

(CNP) - Get Report

initiated at Credit Suisse with a Neutral rating and $17 price target. Shales add power to regulated utilities, Credit Suisse said.

Emergency Medical

( EMS) downgraded at Deutsche from Buy to Hold, Deutsche Bank said. Valuation call, based on a $68 price target.

Eaton Vance

(EV) - Get Report

downgraded at Goldman to Sell. Company has a lower relative exposure to the equity markets.

First Horizon

(FHN) - Get Report

upgraded at Morgan Keegan from Market Perform to Outperform. $14 price target. Financing is a positive sign of the company's financial health.

Foot Locker

(FL) - Get Report

rated new Neutral at Goldman. $20 price target. Stock is already pricing in the strong footwear cycle.

FMC Technologies

(FTI) - Get Report

downgraded at Barclays to Equal Weight from Overweight. Strong growth expectations for the oil services and drilling industry, Barclays said. Price target raised to $83 from $75.

General Motors

(GM) - Get Report

rated new Neutral at UBS. $37 price target. Company lacks near-term catalysts.

Hasbro

(HAS) - Get Report

rated new Buy at MKM. $59 price target. Company is making the transition to a media company.

Hertz Global Holdings

(HTZ) - Get Report

upgraded at Barclays to Overweight from Equal Weight on enhanced growth profile, Barclays said. Price target increased to $20 from $15.

Iron Mountain

(IRM) - Get Report

coverage initiated at Barclays with an Equal Weight rating and $26 price target. We admire IRM's execution and market position, but see no catalysts in 2011, Barclays said.

Janus

(JNS)

upgraded at Goldman from Sell to Neutral, Goldman Sachs said. Company has a high equity mix and should benefit from recent trend.

US Airways

(LCC)

rated new Hold at Citigroup. $12.50 price target. Valuation call, as the stock has already more than doubled year-to-date.

Lincoln National

(LNC) - Get Report

upgraded at Goldman from Neutral to Buy. Industry pricing trends are improving.

National Instruments

(NATI) - Get Report

upgraded at JP Morgan from Neutral to Overweight. New analyst expects a reacceleration in global production trends. $42 price target.

NiSource

(NI) - Get Report

initiated at Credit Suisse with a Neutral rating and $18 price target. Attractive dividend and visible long-term earnings growth, Credit Suisse said.

Oracle

(ORCL) - Get Report

rated new Outperform at Credit Agricole. $33 price target. Company should continue to create value.

Protective Life

(PL)

upgraded at Goldman from Sell to Neutral. Industry should benefit from higher interest rates and better equity returns.

PNC Financial

(PNC) - Get Report

upgraded at UBS from Sell to Neutral. Stock is already pricing in potential sales headwinds.

PrivateBancorp

(PVTB)

downgraded at Jefferies from Buy to Hold. $14 price target. Estimates also cut, as credit costs are likely to remain elevated.

Ryder System

(R) - Get Report

upgraded at RBC to Outperform from Sector Perform. $62 price target. Company has multiple potential catalysts.

Suntrust Banks

(STI) - Get Report

downgraded at Janney from Neutral to Sell. Valuation call, based on a $23 price target.

Stryker

(SYK) - Get Report

downgraded at UBS from Buy to Neutral. Valuation call, based on a $55 price target.

Fresh Market

(TFM)

rated new Overweight at Morgan Stanley. $42 price target. Company can deliver mid-teens annual square footage growth over the next three years.

Torchmark

(TMK)

downgraded at Goldman from Neutral to Sell, Goldman Sachs said.

T. Rowe Price

(TROW) - Get Report

upgraded at Goldman from Neutral to Buy. Company was also added to the Conviction Buy list. Company will benefit from strong equity trends.

This article was written by a staff member of TheStreet.

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