NEW YORK (TheStreet) -- CHANGE IN RATINGSAK Steel ( AKS - Get Report) downgraded at Goldman from Buy to Neutral. Valuation call, with the stock near the $26 price target. Company could also see margin pressure from higher iron ore prices. Crown Castle ( CCI) downgraded at Wells from Outperform to Market Perform. See little potential for earnings upside this year. Fifth Third Bancorp ( FITB) downgraded at FBR from Outperform to Market Perform. $14 price target. Valuation call, as the stock is up 24% since October. MFA Financial ( MFA) downgraded at Jefferies from Buy to Hold. $7 price target. GSE repurchases will reduce the company's portfolio. Oneok ( OKE) downgraded at Wells from Outperform to Market Perform. Valuation call, as the stock is up 80% since May. Progress Energy ( PGN) initiated at Citi with a Hold rating and $40 price target. Still a work in progress. 2010 and 2011 EPS estimates set at $2.88 and $2.94, respectively. PNC Financial ( PNC) upgraded at FBR from Market Perform to Outperform. $65 price target. Equity raise reduces the company's risk profile. Potash ( POT) upgraded at Morgan Joseph from Hold to Buy. $130 price target. Buying activity has picked up in the potash market, which should send prices higher. Perrigo ( PRGO) downgraded at BofA/Merrill to Neutral from Buy on valuation, still a solid story. Price target raised to $55. 2010 EPS estimate tweaked up to $2.61, 2011 maintained at $3.05. Research in Motion ( RIMM) upgraded at BMO from Market Perform to Outperform. $88 price target. Company will likely boost guidance when it reports earnings at the end of the month. Schnitzer Steel ( SCHN) downgraded at UBS from Buy to Neutral. $54 price target. Scrap prices could slide in the second quarter. Sempra Energy ( SRE) upgraded at Barclays to Overweight from Equal Weight as sale of JV business is nearly complete. Price target increased by a dollar to $57. 2010 and 2011 EPS estimates set at $4.43 and $4.35, respectively. Steel Dynamics ( STLD - Get Report) upgraded at Keybanc from Hold to Buy. $23 price target. Company should see strong shipping momentum. U.S. Steel ( X - Get Report) upgraded at Goldman to Buy. $70 price target. Raw materials pricing are rising, which should boost steel prices.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Beyond Pricey? Our Reporters Try the Beyond Meat Burger, Talk Business Model
Is Beyond Meat's burger enough to convince investors to invest in the company? TheStreet conducted a taste test to see what the hype is about.
Kass: 3 Spots of Vulnerability I Would Avoid in This Market
I suggest avoiding all three over the next few months and over the remainder of the year.
Legg Mason to Cut 120 Jobs as Reality Bites With Activist Peltz on Board
An announcement on job cuts comes just days after legendary corporate raider Nelson Peltz and his investment firm, Trian Fund Management, won two seats on Legg Mason's board of directors.
Amazon Is Headed to $3,000 a Share, Says Bullish Piper Jaffray Note
The firm estimates Amazon will cross $3,000 a share sometime between mid-2021 and mid-2022.
HPE's CFO Discusses Impact of Cloud Trends and Lower Memory Prices
During a talk with TheStreet right after its earnings report, CFO Tarek Robbiati talks about how HPE is trying to position itself as cloud infrastructure adoption continues, and what kind of boost it's getting from lower memory prices.