NEW YORK (TheStreet) -- RATINGS CHANGES
IAC/InterActiveCorp (IACI) was initiated with an outperform rating at JMP Securities. Twelve-month price target is $80. Dating assets should help drive near-term growth, JMP Securities said.
Priceline (PCLN) was upgraded at Stifel to buy from hold. Twelve-month price target is $1,400. Stock has pulled back to an attractive level, as Europe begins to improve, Stifel said.
Reliance Steel (RS) - Get Report was upgraded at Credit Suisse to outperform from neutral. Twelve-month price target is $77. Company has strong earnings quality and deserves a higher valuation, Credit Suisse said.
Teva Pharmaceutical (TEVA) - Get Report was upgraded to outperform at Oppenheimer. Twelve-month price target is $77. Auspex Pharmaceuticals (ASPX) acquisition should help boost growth, Oppenheimer said.
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This article was written by a staff member of TheStreet.