NEW YORK (TheStreet) -- RATINGS CHANGES
was upgraded at Jefferies to hold from underperform. Valuation call, based on a 12-month price target of $17.25, Jefferies said.
Bruker (BRKR) - Get Report was upgraded at Leerink Partners to outperform from market perform. Twelve-month price target is $24.. Company has improved its competitive position and can expand margins, Leerink said.
Garmin (GRMN) - Get Report was downgraded at Citigroup to sell. Twelve-month price target is $42. Estimates were also cut, as the company is facing increased competition in the fitness business, Citigroup said.
Priceline.com (PCLN) was initiated with a buy rating at Argus. Twelve-month price target is $1,480. Company has a healthy cash balance and can deliver rapid growth, Argus said.
Qualcomm (QCOM) - Get Report was downgraded at FBR Capital Markets to market perfrom from outperform. Company was also removed from the Top Picks List. Twelve-month price target is $72. Company is facing increased competition and losing its dominance in baseband, FBR Capital Markets said.
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This article was written by a staff member of TheStreet.