Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
( AGL) downgraded at UBS from Buy to Neutral. Valuation call, based on a $42 price target.
downgraded at Goldman to Neutral, Goldman Sachs said. Company faces cyclical headwinds.
assumed at Citi. AMKR coverage assumed with a Buy rating and $10 price target. Integrated circuit unit growth and continual outsourcing from IDMs to OSATs are key drivers, Citigroup said.
upgraded at BofA/Merrill from Neutral to Buy. Company has 31% upside potential from current levels.
upgraded at Stifel from Hold to Buy, Stifel Nicolaus said. Valuation call, based on a $46 price target.
rated new Neutral at Janney Montgomery. $18 price target. Company will need another 12 months to sort out product transitions.
downgraded at Jefferies from Buy to Hold, Jefferies said. $92 price target. Agriculture market could face some headwinds to growth.
downgraded at Morgan Stanley from Equal-weight to Underweight, Morgan Stanley said. Valuation call, based on a $16 price target.
rated new Buy at Janney. Company is a market share leader and is leveraged to higher storage spending. $34 price target.
downgraded at Goldman from Neutral to Sell, Goldman Sachs said. Valuation call, as the stock has gained 22% over the past month.
rated new Buy at Janney. $48 price target. Stock is attractive, following a 12% pullback.
downgraded at Goldman from Neutral to Sell, Goldman Sachs said. Company has large exposure to foundries.
upgraded at Goldman from Neutral to Buy, Goldman Sachs said. Company has above-average exposure to the energy market.
( NETL) downgraded at Morgan Stanley from Equal-weight to Underweight, Morgan Stanley said. $32 price target. Company trades at a premium, even though sales growth is slowing.
downgraded at Oppenheimer from Outperform to Perform, Oppenheimer said. Company is forced to use more promotions because of weaker demand.
downgraded at Collins Stewart from Buy to Neutral, Collins Stewart said. $8 price target. Prices are falling, along with poor solar demand.
coverage assumed at Citi with a Buy rating and $24 price target. Solid semi test fundamentals and pent up demand in test equipment, Citigroup said.
End of report.
This article was written by a staff member of TheStreet.