NEW YORK (TheStreet) -- CHANGE IN RATINGS
Joy Global (JOY) was downgraded at Goldman Sachs to sell from neutral. Twelve-month price target is $52. Weaker medium-term mining outlook, Goldman Sachs said.
Moog (MOG.A) was downgraded at RBC Capital to sector perform from outperform. Twelve-month price target is $70. Will take time for cost cuts to filter down to the bottom line, RBC Capital said.
Sirius XM Radio (SIRI) - Get Report was upgraded at Evercore to overweight from equal weight. Twelve-month price target is $4.50. Upgrade was based on telematics, core business growth and valuation, Evercore said.
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Stock Comments / EPS Changes
Consolidated Edison (ED) - Get Report price target was lowered at Jefferies. The company lowered its own numbers, Jefferies said. Joint Proposal regarding electric, steam and gas rates between ED and intervening parties is not expected to increase revenue, Jefferies said. Twelve-month price target is $46. Underperform rating.
Facebook (FB) - Get Report target was boosted at Bank of America/Merrill Lynch. Shares are now seen reaching $64 over 12 months. Company is attractively valued, relative to its peers, BofA/Merrill said. Buy rating.
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Monster (MNST) - Get Report estimates, 12-month price target were raised at Goldman Sachs. Shares are now seen reaching $79. Estimates were also increased, as the company is seeing better domestic growth, Goldman said. Buy rating.
Yahoo! (YHOO) 12-month price target was raised at Bank of America/Merrill Lynch. Shares are now seen reaching $44. Alibaba should drive valuation in 2014, BofA/Merrill said. Buy rating.
This article was written by a staff member of TheStreet.