NEW YORK (TheStreet) -- RATINGS CHANGES
eBay was downgraded at JMP Securities to market perform from outperform. Operational issues likely will keep the stock range-bound, JMP said.
Freeport-McMoran (FCX) - Get Freeport-McMoRan, Inc. Report was initiated with a buy rating at Brean Capital. Twelve-month price target is $39. Company has low costs and generates strong cash flow, Brean said.
Hyster-Yale Materials (HY) - Get Hyster-Yale Materials Handling, Inc. Class A Report was upgraded to buy at TheStreet Ratings. You can view the full analysis from the report here: HY Ratings Report
Masco (MAS) - Get Masco Corporation Report was upgraded at J.P. Morgan to overweight from neutral. Twelve-month price target is $28.50. Company has better visibility and will likely repurchase more stock, J.P. Morgan said.
Panera (PNRA) was upgraded at Wunderlich to buy from hold. Twelve-month price target is $185. Traffic has strengthened and management is investing in future growth, Wunderlich said.
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This article was written by a staff member of TheStreet.