NEW YORK (TheStreet) -- CHANGE IN RATINGS
Allied World Assurance (AWH) was initiated at BMO Capital with an outperform rating. Company's focus on the specialty U.S. liability market should drive growth, BMO said. Twelve-month price target is $125.
American Express (AXP) - Get American Express Company Report was initiated at UBS with a neutral rating. Despite blue-chip status in credit/charge business, there's a potential headwind in changing NIM. Twelve-month price target is $94.
Capital One Financial
was initiated at UBS with a buy rating. Positioned to rotate from growth to value, UBS said. $87 price target.
Danaher (DHR) - Get Danaher Corporation Report was upgraded at Bank of America to buy from neutral. Driven by pickup in M&A and improving core growth, Bank of America said. Twelve-month price target is $90.
Electronic Arts (EA) - Get Electronic Arts Inc. Report was upgraded at Credit Suisse to outperform from neutral. Positive change from expected portfolio rationalization, better visibility on long-term product roadmap, and more attractive valuation given recent pullback, Credit Suisse said.
Intel (INTC) - Get Intel Corporation Report was upgraded at J.P. Morgan to overweight from neutral. Driven by stable PC market and new CEO providing realistic guidance and focus on areas of company advantage, J.P. Morgan said.
Nucor (NUE) - Get Nucor Corporation Report was downgraded at BMO Capital to market perform from outperform. Valuation call as EPS estimates are lowered, BMO Capital said. Twelve-month price target is $54.
United States Steel (X) - Get United States Steel Corporation Report was upgraded at BMO Capital to outperform from market perform. Benefits from higher steel pricing and lower input costs for met coal, BMO Capital said.
Stock Comments / EPS Changes
Hain Celestial (HAIN) - Get Hain Celestial Group, Inc. Report price target, EPS estimates were raised at Jefferies. Acquisition of Tilda gives Hain Celestial entry into the specialty rice segment, Jefferies said. Twelve-month price target is $99. Buy rating.
This article was written by a staff member of TheStreet.