Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
( AGL) upgraded at Citigroup from Hold to Buy, Citigroup said. Sell-off following the Nicor merger appears overdone.
downgraded at BMO to Market Perform, BMO Capital said. Valuation call, based on a $73 price target.
downgraded at UBS from Neutral to Sell, UBS said. $19 price target. See limited upside to the company's business model.
upgraded at Deutsche from Hold to Buy, Deutsche Bank said. $65 price target. Company is seeing better business momentum and is buying back stock.
upgraded at Morgan Stanley to Equal-weight, Morgan Stanley said. Company should see a more stable utilization environment.
( EM) downgraded at Morgan Stanley from Overweight to Equal-weight, Morgan Stanley said. Valuation call.
upgraded at Goldman to Buy. Company has high sale visibility and can grow profitability. New $42 price target.
downgraded at Goldman to Neutral, Goldman Sachs said. Company could face some disruptions, given the changes within its senior management. $28 price target.
( NBFI) upgraded at Baird from Neutral to Outperform, Robert Baird said. $26 price target. Company has a measured approach to repaying TARP and significant potential earnings power.
rated new Neutral at UBS. $33 price target. Company has the potential to turn its business around, but the industry will likely remain challenging.
rated new Neutral at Cowen. Valuation call.
downgraded at Sterne Agee to Neutral. Valuation call, as the company could be further affected by its exposure to the Gulf of Mexico.
National Oilwell Varco
upgraded at Sterne Agee to Buy. $90 price target. Earnings can move above prior peak levels.
upgraded at JP Morgan from Underweight to Neutral, JP Morgan said. $42 price target. Company has new clarity around its Defense segment.
downgraded at Keybanc from Buy to Hold, Keybanc said. Valuation call, as the stock is up 57% over the past seven months.
upgraded at Credit Suisse to Outperform from Neutral as CEO retiring increases probability of takeout, Credit Suisse said. Price target increased to $66 from $54.
downgraded at Sterne Agee to Neutral, Sterne Agee said. Valuation call, as the company lacks near-term catalysts.
downgraded at Deutsche from Buy to Hold, Deutsche Bank said. $62 price target. Stock is already pricing in higher near-term earnings.
downgraded at Morgan Keegan from Outperform to Market Perform. Valuation call, based on a $2.80 price target.
Stanley Black & Decker
downgraded at Keybanc from Buy to Hold, Keybanc said. Valuation call.
downgraded at Citigroup SWX was downgraded to Hold, Citigroup said.
This article was written by a staff member of TheStreet.