NEW YORK ( TheStreet) -- CHANGE IN RATINGSAlcoa ( AA) downgraded at BMO to Underperform, BMO Capital said. $8 price target. Company will likely continue to face upstream margin pressure. Apple ( AAPL) rated new Buy at UBS. $740 price target. Growth driven by iPhone and emerging markets. Amerigroup ( AGP) downgraded at Jefferies to Hold from Buy, Jefferies said. $92 price target. WellPoint buyout. Allegiant Travel ( ALGT) upgraded at Deutsche from Hold to Buy, Deutsche Bank said. $90 price target. Industry sales are trending higher and airlines are paying lower fuel costs. Amazon.com ( AMZN) rated new Market Perform at BMO. Valuation call, based on a $260 price target. Bruker ( BRKR) downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. $16 price target. Industry has poor near-term risk/reward. Cabot Microelectronics ( CCMP) downgraded to hold at TheStreet Ratings. Comerica ( CMA) rated new Neutral at Guggenheim. Valuation call, based on a $35 price target. EMC ( EMC) rated new Buy at UBS. $30 price target. Margin expansion likely on mix shift to software, new segments. HMS Holdings ( HMSY) downgraded at Jefferies to Hold from Buy, Jefferies said. $32 price target. Valuation reflects improved growth visibility. Hillenbrand ( HI) downgraded to hold at TheStreet Ratings. IBM ( IBM) rated new Neutral at UBS. $205 price target. Fairly priced on EV/FCF and DCF. Juniper Networks ( JNPR) rated new Market Perform at JMP Securities. Company is facing increased competition. Life Technologies ( LIFE) downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. $46 price target. Company is facing macro headwinds to growth. Life Time Fitness ( LTM) rated new Hold at Stifel. Valuation call. Pinnacle West Capital ( PNW) downgraded at Citigroup to Neutral from Buy, Citigroup said. $52 price target. Valuation call. Sigma-Aldrich ( SIAL) downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. $75 price target. Company is facing currency headwinds. ViroPharma ( VPHM) rated new Market Perform at Wells. Manufacturing issues remain a near-term risk. VOXX International ( VOXX) downgraded to hold at TheStreet Ratings. Wendy's ( WEN) upgraded at Wedbush from Neutral to Outperform, Wedbush said. $5.50 price target. Fundamentals are improving and the company has potential catalysts. Waste Management ( WM) downgraded at Morgan Stanley from Equal-weight to Underweight, Morgan Stanley said. $30 price target. Stock has been strong, even though fundamentals remain poor.
STOCK COMMENTS / EPS CHANGES
Franklin Resources ( BEN) numbers raised at BMO. Shares of BEN now seen reaching $125, according to BMO Capital Markets. Estimates also increased, given better market performance. Market Perform rating.