Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
upgraded at Goldman to Buy. Emerging markets should drive growth over the coming quarters.
downgraded at Goldman to Neutral. $77 price target. JNJ looks better at current levels.
Dick's Sporting Goods
upgraded at Goldman to Buy. $49 price target. Company should continue to deliver solid organic growth.
rated new Neutral at Goldman. Valuation call, based on a $22 price target.
rated new Overweight at Morgan Stanley. $23 price target. Company is a clear market leader and can deliver consistent, double-digit annual earnings growth.
downgraded at Goldman to Neutral, Goldman Sachs said. Company lacks near-term catalysts.
downgraded at Keybanc from Buy to Hold. Valuation call, as the stock has nearly doubled the performance of its peers year-to-date.
Johnson & Johnson
upgraded at Goldman from Neutral to Buy, Goldman Sachs said. Product pipeline could drive accelerating earnings growth. $77 price target.
upgraded at RBC from Sector Perform to Outperform, RBC Capital said. $70 price target. Company deserves a higher multiple.
Research in Motion
( RIMM) downgraded at Societe Generale to Hold. Reception has been mixed for new products.
upgraded at Citi to Buy from Hold as Alberta Bakken catalyst comes sooner than expected, Citigroup said. Price target jumped to $60 from $44.
upgraded at Maxim from Hold to Buy, Maxim Group said. $67 price target. Company is cutting costs and can accelerate growth.
estimates, target raised at Goldman. Shares of ROVI now seen reaching $60, according to Goldman Sachs. Estimates also increased, given new customer wins. Neutral rating.
rated new Buy at ThinkEquity. $94 price target. Company is leveraged to several growth drivers.
upgraded at Goldman to Buy. Orthopedic business should drive near-term growth.
Thomas & Betts
( TNB) upgraded at BofA/Merrill from Neutral to Buy, Bank of America/Merrill Lynch said. $68 price target. Estimates also boosted, as the company is seeing better end-market demand.
End of report.
This article was written by a staff member of TheStreet.