NEW YORK (TheStreet) -- CHANGE IN RATINGS
(BIRT) was downgraded to hold at TheStreet Ratings.
Catamaran (CTRX) was downgraded at ISI Group to neutral from buy. Twelve-month price target is $50. Company's profit outlook is going through a transition period, ISI Group said.
Endologix (ELGX) - Get Endologix, Inc. Report was downgraded at Oppenheimer to outperform from perform. Twelve-month price target is $16. Domestic business is facing increased competition, Oppenheimer said.
Intermune (ITMN) was downgraded at Credit Suisse to neutral from outperform. Valuation call, based on a 12-month price target of $33, Credit Suisse said.
NCI Building Systems (NCS) - Get Cornerstone Building Brands Inc Report was initiated at UBS with a buy rating. Strong leverage to a nonresidential construction recovery, UBS said. Twelve-month price target is $21. Buy rating.
State Street (STT) - Get State Street Corporation Report was downgraded at RBC Capital to sector perform from outperform. Twelve-month price target is $68. Estimates were also cut, given lower sales and higher expected costs, RBC Capital said.
Stock Comments / EPS Changes
price target was raised at UBS. Large cost-savings plans to come, UBS said. Twelve-month price target is $37. Neutral rating.
Deckers (DECK) - Get Deckers Outdoor Corporation Report estimates, price target were raised at Credit Suisse. Twelve-month price target is now $61. Estimates were also increased, given higher demand across the board, Credit Suisse said. Underperform rating.
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Foster Wheeler undefined price target, EPS estimates were increased at UBS. E&C bookings are healthy, and Power bookings are better than expected, UBS said. Twelve-month price target is $33. Neutral rating.
This article was written by a staff member of TheStreet.