Analysts' Actions: CMA, KEY, PNRA

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Aruba Networks ( ARUN) was initiated with a Buy rating at Needham. $28 price target. Company is leveraged to multiple secular growth trends, Needham said.

Atmel ( ATML) was initiated with a Buy rating at Maxim. $12 price target. Company can grow through the touch market and gain market share in MCU, Maxim said.

Comerica ( CMA) was initiated with a Sell rating at Citigroup. $29 price target. Valuation driven along with near-term negative catalysts, Citigroup said.

CNO Financial ( CNO) was initiated with a Buy rating at Goldman Sachs. $9 price target. Company has superior growth prospects and is improving its balance sheet, Goldman said.

First Horizon National ( FHN) was initiated with a Neutral rating at Citigroup. $11 price target. As derisking continues, focus shifts to growth, Citigroup said.

Huntington Bancshares ( HBAN) was initiated with a Neutral rating at Citigroup. $7 price target. Collecting deposits, waiting for the turn, Citigroup said.

Keycorp ( KEY) was initiated with a Buy rating at Citigroup. $10 price target. Despite the lack of catalysts, the stock is cheap, Citigroup said.

Liquidity Services ( LQDT) was upgraded from Hold to Buy at Benchmark. $57 price target. Estimates were also boosted, as the company is expanding its market, Benchmark said.

MDC ( MDC) was downgraded at JP Morgan to Underweight. Valuation call, as the stock is up 42% year to date, JP Morgan said.

Nvidia ( NVDA) was initiated with a Buy rating at Cantor Fitzgerald. $20 price target. Company is leveraged to several growing technology trends and trades at a discount to its peers, Cantor said.

Panera Bread ( PNRA) was initiated with an Outperform rating at Credit Suisse. $190 price target. Market is not yet pricing in the company's full earnings growth potential, Credit Suisse said.

Quality Systems ( QSII) was downgraded at Morgan Stanley from Overweight to Equal-weight. Risk/reward is more balanced at current levels, Morgan Stanley said.

Pike Electric ( PIKE) was downgraded to Hold by TheStreet Ratings.

Regions Financial ( RF) was initiated with a Neutral rating at Citigroup. $7 price target. TARP overhang removed, credit overhang remains, Citigroup said.

SPX Corp. ( SPW) was started with an Outperform rating at Robert Baird. $95 price target. Company should deliver late-cycle earnings acceleration, Robert Baird said.

SunTrust Banks ( STI) was initiated with a Neutral rating at Citigroup. $26 price target. Upward EPS revisions and multiple expansion possible, but priced in at current valuation, Citigroup said.

Thomson Reuters ( TRI) was upgraded to Hold at TheStreet Ratings.

Stock Comments / EPS Changes

Bed Bath & Beyond ( BBBY) numbers were raised at Morgan Stanley. Shares are now seen reaching $62. Estimates were also increased, as the company is realizing higher sales and cutting costs, Morgan Stanley said. Underweight rating.

DirecTV ( DTV) estimates, target were boosted at Credit Suisse. Shares are now seen reaching $75. Estimates also increased, given higher expected ARPU growth, Credit Suisse said. Neutral rating.

Devon ( DVN) price target was raised at UBS to $90. Bullish meeting offers long-term visibility, UBS said. Maintain Buy rating.

KB Home ( KBH) estimates were lowered at UBS through 2013. Remain cautious after first-quarter results and obstacles persist, UBS said. Sell rating and $7 price target.

MasterCard ( MA) price target was raised at Oppenheimer to $475. Strong quarterly volume trends. Outperform rating.

Monsanto ( MON) estimates, target increased at Credit Suisse. Estimates were raised through 2013. Company is leveraged to higher corn demand, Credit Suisse said. Neutral rating and new $82 price target.

Under Armour ( UA) price target was raised at UBS to $98. Strong spring sales, UBS said. Maintain Neutral rating.

Visa ( V) price target was raised at Oppenheimer to $140. Strong quarterly volume trends, Oppenheimer said. Outperform rating.

Western Digital ( WDC) numbers were cut at FBN Securities. Shares are now seen reaching $50. Estimates were also reduced, as price competition is heating up, FBN said. Outperform rating.

Zumiez ( ZUMZ) estimates and target were increased at Credit Suisse. Estimates were boosted through 2014. Comp sales momentum remains strong, Credit Suisse said. Neutral rating and new $35 price target.

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This article was written by a staff member of TheStreet.