Analysts' Actions: WMT VLO ALL MAN KFT

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Auxilium ( AUXL) downgraded at Leerink to Market Perform, Leerink Swann said. Company lacks near-term catalysts. $25 price target.

Becton Dickinson ( BDX) downgraded at JP Morgan from Neutral to Underweight, JP Morgan said. $72 price target. Company is facing lower end-market demand.

BMC Software ( BMC) downgraded at Credit Suisse from Outperform to Neutral, Credit Suisse said. $40 price target. Company is seeing slower bookings growth.

Bruker ( BRKR) downgraded at Leerink from Outperform to Market Perform, Leerink Swann said. See limited near-term earnings upside potential.

Concho Resources ( CXO) upgraded at Wells from Market Perform to Outperform, Wells Fargo said. Company is a market leader and should continue to grow in the Permian basin.

First Horizon ( FHN) upgraded at Compass Point from Sell to Neutral, Compass Point said. Valuation call, based on an $8 price target.

Louisiana-Pacific ( LPX) upgraded at BMO to Market Perform, BMO Capital said. $11.25 price target. Company should benefit from higher panel prices.

Northeast Utilities ( NU) downgraded at Deutsche from Buy to Hold, Deutsche Bank said. Valuation call, based on a $40 price target.

Polypore ( PPO) downgraded at Baird from Outperform to Neutral, Robert Baird said. $37 price target. Sales visibility has become limited.

Symetra ( SYA) downgraded at BofA/Merrill from Neutral to Underperform, Bank of America/Merrill Lynch said. $14 price target. Estimates also cut, given lower expected annuity growth.

Tech Data ( TECD) downgraded at BofA/Merrill to Underperform, Bank of America/Merrill Lynch said. $47 price target. More than half of the company's sales come from Europe.

Wal-Mart ( WMT) upgraded at Deutsche to Hold from Sell, Deutsche Bank said. $68 price target. Fundamentals are improving and investors should gravitate toward the company's defensive position.

STOCK COMMENTS / EPS CHANGES

Allstate ( ALL) estimates, target raised at BofA/Merrill.Shares of ALL now seen reaching $43, according to Bank of America/Merrill Lynch said. Company is realizing higher margins. Buy rating.

Affiliated Managers ( AMG) numbers increased at BofA/Merrill. AMG estimates were raised through 2013, Bank of America/Merrill Lynch said. Company is carrying a lot of operating momentum into the second half of the year. Neutral rating and new $127 price target.

Cummins ( CMI) estimates, boosted at Credit Suisse. Shares of CMI now seen reaching $120, according to Credit Suisse. Estimates also upped, as the company is realizing higher margins. Outperform rating.

Foster Wheeler ( FWLT) numbers cut at Credit Suisse. Shares of FWLT now seen reaching $31, according to Credit Suisse. Estimates also reduced, given the company's new guidance. Outperform rating.

Kraft ( KFT) estimates reduced at Credit Suisse through 2013, Credit Suisse said. Company is leveraged to Southern Europe and is facing currency concerns. Outperform rating and $45 price target.

Manpower ( MAN) estimates, target cut at Morgan Stanley. MAN estimates were reduced through 2013, Morgan Stanley said. Expect slower growth in Europe. Equal-weight rating and new $36 price target.

Valero Energy ( VLO) numbers upped at Morgan Stanley through 2014, Morgan Stanley said. Retail spinoff should boost shareholder value. Equal-weight rating and new $32 price target.

Wal-Mart ( WMT) target raised at BofA/Merrill to $85, according to Bank of America/Merrill Lynch. Company has limited exposure to Europe and deserves a higher multiple. Buy rating.

STRATEGY CALLS / MARKET CALLS

Airline Sector downgraded at Dahlman from Optimistic to Cautious, Dahlman Rose said. Stocks are already pricing in the bottom for fuel costs.

>To submit a news tip, email: tips@thestreet.com.

READERS ALSO LIKE:


Follow TheStreet on Twitter and become a fan on Facebook.

This article was written by a staff member of TheStreet.

More from Stocks

Why The FANG Stocks' Dominance May Not Be So Bad For The Market

Why The FANG Stocks' Dominance May Not Be So Bad For The Market

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

At End of May, Investors Signalling They May Stay Away

At End of May, Investors Signalling They May Stay Away

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever