Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
downgraded at Morgan Stanley from Overweight to Equal-weight. Company has a poor capital ratio in Japan.
upgraded at Sterne Agee from Neutral to Buy. Estimates also boosted, as the company should benefit from higher oil prices. $97 price target.
Babcock & Wilcox
upgraded at Keybanc to Buy. $34 price target. Company has better visibility on its expected EPA work.
upgraded at Wunderlich from Hold to Buy. $105 price target. Permian Basin should help drive growth.
upgraded at Wells from Market Perform to Outperform. Risk/reward is compelling at current levels.
rated new Neutral at Ticonderoga. Company is in the midst of a transition period.
upgraded at Sterne Agee from Neutral to Buy. $24 price target. Stock is trading below tangible book value.
downgraded at Baird from Neutral to Underperform. $44 price target. Company is seeing lower sales and the convertible offering could weigh on the stock.
upgraded at Sterne Agee from Neutral to Buy. $107 price target. International markets are driving growth.
downgraded at Deutsche from Buy to Hold. Valuation call, based on an $80 price target.
downgraded at Deutsche from Hold to Sell. $19 price target. Company is facing challenges on the West Coast.
End of report.
This article was written by a staff member of TheStreet.