Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
rated new Outperform at Wells Fargo. Company can deliver above average sales growth.
downgraded at JMP to Market Perform, JMP Securities said. VRX hostile bid is attractive.
upgraded at Morgan Stanley from Underweight to Equal-weight, Morgan Stanley said. VRX bid should raise the value of the company.
rated new Buy at Sterne Agee. $29 price target. Company is a market leader and appears inexpensive at current levels.
rated new Outperform at Morgan Keegan. $80 price target. Company is leveraged to continued growth in data-center and cloud solutions.
rated new Neutral at Sterne Agee. $15 price target. Company will struggle to sustain its recent turnaround.
rated new Buy at Soleil Securities. $39 price target. Company should benefit from its scale and continue to deliver solid cash flow.
rated new Buy at Sterne. Company can continue to grow its enterprise business.
downgraded at Goldman. KSS was downgraded from Buy to Neutral, Goldman Sachs said. Stock was also removed from the conviction list. Company lacks near-term catalysts. $60 price target.
downgraded at Ticonderoga from Buy to Neutral. Company has hit a wall with its homebuilding operations.
estimates lowered at Goldman through 2013, Goldman Sachs said. Company is realizing lower deliveries. Neutral rating and $18 price target.
rated new Market Perform at Wells Fargo. Market is already pricing in the company's niche growth strategy.
End of report.
This article was written by a staff member of TheStreet.