NEW YORK (TheStreet) -- RATINGS CHANGES
Host Hotels & Resorts (HST) - Get Report was downgraded to neutral from outperform by Credit Suisse, which set a $22 price target. It's a cheap stock, but there's too much noise to warrant an outperform rating, Credit Suisse said.
MedAssets (MDAS) was downgraded to sector weight by Keybanc, which cited valuation, as the stock is up 26% over the past six months.
National-Oilwell Varco (NOV) - Get Report was downgraded to neutral from buy by Bank of America/Merrill Lynch, which set a $49 price target, saying that margins will likely decline over the next several quarters.
QLogic Corp. (QLGC) was downgraded to market perform from outperform by BMO, which set a $10.50 price target, citing a lower run rate and remaining questions.
Regal Entertainment (RGC) was upgraded to outperform from neutral by Wedbush, which set a $25 price target. The upgrade is a valuation call, as the company can take back market share, Wedbush said.
Robert Half International (RHI) - Get Report was upgraded to buy from hold by Jefferies, which set a $63 price target, saying that maturing temp cycle concerns have hurt Robert Half but that strong fundamentals suggest that concerns are overblown.
SciQuest (SQI) was downgraded to hold from buy by Canaccord Genuity, which set a $14 price target, saying that even with theoretical estimate de-risk, the stock is expensive for the new, slower growth.
Ultra Petroleum was downgraded to neutral from buy by Sterne Agee, which said that natural gas should weigh on growth in the coming quarters.