Analysts' Actions: GOOG, C, FB, JPM, EBAY


Citigroup ( C) downgraded at Raymond James from Strong Buy to Outperform, Raymond James said. Company is leveraged to global economic concerns.

Chesapeake Energy ( CHK) upgraded at Argus from Sell to Hold, Argus said. Board changes are positive.

Continental Resources ( CLR) upgraded at Jefferies to Buy from Hold, Jefferies said. Reasonable valuation for Williston growth.

CIFC ( DFR) upgraded to hold at TheStreet Ratings.

Dick's Sporting Goods ( DKS) upgraded at Wells Fargo to Outperform from Market Perform, Wells Fargo said. $52 to $55 valuation range. Multiple catalysts could take numbers higher.

Facebook ( FB) rated new Market Outperform at JMP. $37 price target. Only scratched surface in monetizing user base.

First Merit ( FMER) downgraded at Baird from Neutral to Underperform, Robert Baird said. $13 price target. Company is leveraged to lower interest rates and a potential U.S. recession.

Gentium SpA ( GENT) downgraded to hold at TheStreet Ratings.

Groupon ( GRPN) upgraded at Stifel from Sell to Hold, Stifel Nicolaus said. Investors are already discounting potential accounting revisions.

JP Morgan ( JPM) downgraded at Raymond James from Strong Buy to Outperform, Raymond James said. CIO incident and macroeconomic issues could hang over the stock.

Louisiana Pacific ( LPX) upgraded at TD Securities to Hold from Reduce, TD Securities said. $9.50 price target. Higher near term free cash flow.

Nationstar Mortgage Holdings ( NSM) downgraded at Citigroup to Neutral from Buy, Citigroup said. $20 price target. Risk/reward less compelling following ResCap.

Northeast Utilities ( NU) upgraded at Deutsche from Hold to Buy, Deutsche Bank said. $39 price target. Company has relatively low regulatory risk and no need for new equity.

PulteGroup ( PHM) upgraded at Credit Suisse from Neutral to Outperform, Credit Suisse said. $11 price target. Rising orders should boost margins and improve profitability.

Rackspace Hosting ( RAX) downgraded at Jefferies to Hold from Buy, Jefferies said. $54 price target. Reducing rating during OpenStack transition.

Sherwin Williams ( SHW) downgraded at BofA to Underperform from Neutral, Bank of America Merrill Lynch said. $122 price target. Valuation leaves little room for error.

Southwestern Energy ( SWN) upgraded at Credit Suisse from Underperform to Neutral, Credit Suisse said. $29 price target. Gas market appears poised for recovery.

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