Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
was upgraded from Neutral to Buy at Janney Montgomery. Company is keeping a tight lid on inventory and saw strong Black Friday sales, Janney Montgomery said.
was downgraded at Citigroup from Buy to Hold. Valuation call, based on a $56 price target.
was upgraded at Wells Fargo from Market Perform to Outperform. Company is gaining market share and improving its balance sheet, Wells said.
was downgraded from Buy to Hold at Stifel Nicolaus. Valuation call, as the company lacks near-term earnings momentum.
was upgraded at Credit Suisse to Outperform from Neutral as global industrial production is rebounding. Price target lifted to $111 from $98. Estimates raised through 2013.
was upgraded at ThinkEquity to Buy from Hold. $15 price target. Estimates also increased, because of higher end-market demand.
was downgraded at Deutsche Bank from Buy to Hold. Company should face seasonally lower rates and cut its dividend, Deutsche said. New $24 price target.
was initiated with a Buy rating and $37 price target at Citigroup. Company has re-emerged from bankruptcy with a more competitive cost structure, Citigroup said.
was upgraded at Barclays to Overweight from Equal Weight. The company has several catalysts ahead including positive rollovers for the existing fleet and the potential monetization of noncore businesses, Barclays said. Price target raised to $40 from $37.
Superior Energy Services
was upgraded at Barclays to Overweight from Equal Weight. Superior will benefit from the recovery in the deepwater Gulf of Mexico, and new CEO will use aggressive capital investments to drive growth, Barclays said. Price target was lifted to $39 from $28.
( SSCC) was rated a new Buy at Goldman Sachs. $28 price target. Company is highly leveraged to a better containerboard environment.
( NTSP) was initiated with an Outperform rating at Wells Fargo. Company should generate several years of sales growth with its prepaid opportunity.
NetSpend was initiated with a Buy rating and $17 price target at Bank of America/Merrill Lynch. NetSpend is a leading provider of general-purpose reloadable prepaid debit cards that is growing rapidly, Bank of America/Merrill Lynch said.
was downgraded at Wells Fargo to Underperform. Valuation call, as the stock is already pricing in backlog growth.
( SPWRA) was upgraded at ThinkEquity from Hold to Buy $148 price target. Company is seeing better demand from Italy and the U.S.
( TIN) was downgraded at Goldman Sachs from Buy to Neutral. Valuation call, based on a $24 price target.
was initiated with an Overweight rating at JP Morgan. $60 price target. The company is positioned to benefit from higher corporate discretionary spending.
This article was written by a staff member of TheStreet.