NEW YORK (TheStreet) -- RATINGS CHANGES
General Cable (BGC) was downgraded at DA Davidson to neutral from buy. Twelve-month price target is $28. Estimates were also cut, given the company's new guidance, DA Davidson said.
3D Systems (DDD) - Get Report was initiated at UBS with a neutral rating. Company has broad product line and acquisition strategy, but bumpy near-term financials, UBS said. Twelve-month price target is $62.
Invensense (INVN) was downgraded at Oppenheimer to perform from outperform. Company could face increased competition, Oppenheimer said.
Laboratory Corporation of America (LH) - Get Report was upgraded at UBS to neutral from buy. Driven by lab industry's successful efforts to push off Medicare CLFS changes until 2017, UBS said. Twelve-month price target is $112.
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Waddell & Reed (WDR) - Get Report was upgraded at Goldman Sachs to buy from neutral. Twelve-month price target is $84. Company's consistency and growth are underappreciated by the market, Goldman said.
Stock Comments / EPS Changes
MetLife (MET) - Get Report was added to the US 1 List at Bank of America/Merrill Lynch. Twelve-month price target is $67. Company is a top franchise, but trades at a discount to its peers, Bank of America/Merrill Lynch said.
This article was written by a staff member of TheStreet.