Analysts' Actions: BMY CSCO HI TOF URBN

Here are today's top research calls.

Author:: TheStreet Staff
Publish date:: May 15, 2014 9:39 AM EDT

NEW YORK (TheStreet) -- RATINGS CHANGES

Acxiom (ACXM) was upgraded to market perform from underperform at BMO Capital. This was a valuation call, based on a $25 12-month price target, BMO said.

BE Aerospace (BEAV) was downgraded to neutral from buy at UBS. This was a valuation call, with a $99 12-month price target, UBS said.

Bristol-Myers (BMY) - Get Report was downgraded to market perform from outperform at BMO Capital. $55 12-month price target. ASCO abstracts were negative for the company's Nivo/Yervoy combo treatment, said BMO.

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Cisco (CSCO) - Get Report upped its numbers, and its price target and estimates were raised at Jefferies. Cisco has a product book-to-bill ratio above 1 and product orders improved 1% year over year. $24 12-month price target and hold rating, Jefferies said.

Phoenix New Media (FENG) - Get Report was upgraded to buy at TheStreet Ratings.

Frontier (FTR) - Get Report was downgraded to underperform from neutral at DA Davidson DA Davidson. $5 12-month price target. This was a valuation call, as the dividend is not likely to increase, DA Davidson said.

Huntington Ingalls (HI) - Get Report was downgraded to neutral from buy at Bank of America/Merrill Lynch. $106 12-month price target. This was a valuation call, as the stock is up 11% year-to-date, BofA/Merrill said.

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Heartland (HPY) was upgraded to outperform from neutral at Robert Baird. The company can deliver better earnings growth and deserves a higher multiple, Baird said.

ITC (ITC) was downgraded to neutral at JP Morgan. The company lacks CapEx visibility, JP Morgan said.

L-3 Communications (LLL) - Get Report was upgraded to buy from underperform at Bank of America/Merrill Lynch. $146 12-month price target. The company is seeing higher pension income and paying down convertible debt, BofA/Merrill said.

Regal Entertainment (RGC) was upgraded to buy from hold at Topeka Capital. $23 12-month price target. The 2015 expected film slate looks spectacular, Topeka said.

Range Resources (RRC) - Get Report was upgraded to buy from neutral at Goldman Sachs. $110 price target. The company was also placed on the Conviction List and will likely realize higher Marcellus gas results, Goldman said.

Steel Dynamics (STLD) - Get Report was upgraded to outperform from market perform at Cowen. $24 12-month price target. The company should benefit from improved industry pricing, Cowen said.

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Solar Senior Capital (SUNS) - Get Report was upgraded to buy at TheStreet Ratings.

Southwestern Energy (SWN) - Get Report was downgraded to neutral from buy at Goldman Sachs. This was a valuation call, based on a $51 12-month price target. The company was also cut from the Conviction List.

Tofutti Brands (TOF) was upgraded to hold at TheStreet Ratings.

Urban Outfitters (URBN) - Get Report was upgraded to outperform from market perform at FBR Capital Markets. $37 12-month price target. The stock could trade sideways in 2014, FBR said.

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