NEW YORK (
CHANGE IN RATINGS
downgraded at Baird to Neutral from Outperform, Robert W. Baird said. $43 price target. CFO departure following first quarterly miss in four years.
downgraded at Argus from Buy to Hold, Argus Research said. Coal demand could be hurt as utilities move toward using natural gas.
American Assets Trust
coverage is initiated with a hold at TheStreet Ratings.
Alexander & Baldwin
downgraded at KBW from Outperform to Market Perform, Keefe, Bruyette & Woods said. Valuation call, based on a $50 price target.
downgraded at Leerink to Market Perform, Leerink Swann said. Valuation call, as the stock is up more than 30% over the past two months.
Bank of America
downgraded at Citigroup to Neutral from Buy, UBS said. $8.50 price target. Recent run up reflects capital concerns subsiding.
Bed Bath & Beyond
downgraded at Citigroup to Neutral from Buy, Citigroup said. Valuation call and increased competition from online retailers.
downgraded at Credit Suisse from Outperform to Neutral, Credit Suisse said. Valuation call, based on a $28 price target.
upgraded at Wedbush from Neutral to Outperform, Wedbush said. $48 price target. Commercial demand should remain strong.
upgraded at Citigroup to Buy from Neutral, Citigroup said. $26 price target. 2012 should surprise to the upside.
rated new Buy at Brean Murray. $71 price target. Company has several potential catalysts in 2012.
NY Community Bancorp
downgraded at Guggenheim from Buy to Neutral, Guggenheim said. Company is facing increased competition.
upgraded at Benchmark from Hold to Buy, Benchmark said. $60 price target. Estimates also boosted, as the company is carrying a lot of momentum into 2012.
upgraded at Citigroup to Buy from Neutral, Citigroup said. $42 price target. Ongoing product differentiation and strong merchandising sales.
STOCK COMMENTS / EPS CHANGES
numbers raised at Morgan Stanley. Shares of ALXN now seen reaching $96, according to Morgan Stanley. Estimates also increased, as the company is seeing higher sales and keeping a tight lid on operating costs. Overweight rating.
target raised at Jefferies to $42, Jefferies said. Updating model following completion of its Numara acquisition. Buy rating.
target raised at Jefferies. Shares of BXP now seen reaching $95, Jefferies said. Strong multi-year earnings growth trajectory. Hold rating.
numbers raised at Jefferies. Shares of COH now seen reaching $90, Jefferies said. Estimates also raised as it is a global powerhouse brand. Buy rating.
target raised at Jefferies to $152, Jefferies said. Strong large deal activity carries the quarter .Buy rating.
target raised at Jefferies to $78. Accelerating core revenue growth trajectory on tap. Buy rating.
Gen-Probe estimates lowered at Oppenheimer through 2012, Oppenheimer said. Fourth quarter results well above on the bottom line. Perform rating.
numbers upped at BofA/Merrill. HD estimates were boosted through 2013, Bank of America/Merrill Lynch said. Company is leveraged to increased renovation demand. New $50 price target.
numbers raised at UBS. Shares of HME now seen reaching $57, according to UBS. Estimates also increased on lower interest and modestly higher core. Sell rating.
estimates, target raised at BofA/Merrill. Shares of LOW now seen reaching $29, according to Bank of America/Merrill Lynch said. Estimates also increased, as the company is cutting costs and could see higher demand.
cut from Best Ideas List at Janney Montgomery. First half of 2012 will likely be slow for the company.
estimates, target boosted at Piper. Shares of RAX now seen reaching $60, according to Piper Jaffray. Estimates also upped, as higher sales is driving margin expansion. Overweight rating.
numbers raised at Jefferies. Shares of REGN now seen reaching $127, Jefferies said. Estimates also raised on stronger Eylea traction. Buy rating.
target raised at Oppenheimer to $33, Oppenheimer said. Reflecting improving industry fundamentals and company-specific factors. Outperform rating.
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This article was written by a staff member of TheStreet.