NEW YORK ( TheStreet) -- CHANGE IN RATINGS Allstate ( ALL) downgraded at UBS to Neutral from Buy, UBS said. $38 price target. Diminished upside for EPS. Ansys ( ANSS) upgraded at Baird from Market Perform to Outperform, Robert Baird said. $76 price target. Company is a clear market leader and can continue to gain market share. Becton Dickinson ( BDX) downgraded at Leerink to Market Perform, Leerink Swann said. Valuation call, based on an $80 price target. Cigna ( CI) upgraded at BMO from Market Perform to Outperform, BMO Capital said. $55 price target. Earnings power should improve in the coming quarters. Concur ( CNQR) downgraded at Goldman from Neutral to Sell, Goldman Sachs said. Valuation call, as the stock is up 51% over the past year. $56 price target. Jack in the Box ( JACK) downgraded at Lazard from Buy to Neutral, Lazard said. Valuation call, as the stock is up 25% year-to-date. Nordstrom ( JWN) downgraded at Baird from Outperform to Neutral, Robert Baird said. Valuation call, based on a $59 price target. Molycorp ( MCP) downgraded at JPMorgan from Neutral to Underweight, JP Morgan said. $11.50 price target. Company is facing a potential funding shortfall. MercadoLibre ( MELI) upgraded at JP Morgan from Neutral to Overweight, JP Morgan said. $100 price target. Company is leveraged to increased e-commerce adoption across Latin America. Annaly Capital ( NLY) downgraded at Wunderlich from Buy to Hold, Wunderlich said. $18 price target. Company could see higher prepayments in the near term. OpenTable ( OPEN) upgraded at Oppenheimer to Outperform from Perform, Oppenheimer said. $46 price target. Greater chance of positive catalysts. Palo Alto ( PANW) rated new Outperform at William Blair. Company can gain market share in the firewall upgrade cycle. Ralcorp Holdings ( RAH) upgraded at UBS to Buy from Neutral, UBS said. $75 price target. Pullback and better FY13 means stock upside. Sempra Energy ( SE) downgraded at Deutsche from Buy to Hold, Deutsche Bank said. $30 price target. Estimates also slashed, given commodity exposure. Steris ( STE) upgraded at JMP from Market Perform to Outperform, JMP Securities said. $38 price target. Company appears to be at the beginning of a multi-year margin expansion story.
Teradata ( TDC) upgraded at Sterne Agee to Buy, Sterne Agee said. $81 price target. Competitive position and end-market demand remain intact. The Fresh Market ( TFM) downgraded at JP Morgan to Neutral from Overweight, JP Morgan said. $61 price target. Valuation call, as the stock is up 55% year-to-date. Whole Foods ( WFM) upgraded at Morgan Stanley from Equal-weight to Overweight, Morgan Stanley said. $110 price target. Company can deliver 19% annual earnings growth through 2015. Willis Group Holdings ( WSH) upgraded at Citigroup to Buy from Neutral, Citigroup said. $39 price target. Entry point is compelling with an M&A catalyst. Also added to TPL!
STOCK COMMENTS / EPS CHANGESCardinal Health ( CAH) numbers cut at Credit Suisse. Shares of CAH now seen reaching $50, according to Credit Suisse. Estimates also reduced, given the company's new guidance. Outperform rating. Clorox ( CLX) target boosted at BMO to $77, according to BMO Capital. Company is seeing better pricing. Market Perform rating. Clorox target raised at Citigroup to $84, Citigroup said. Fundamentals remain strong. Buy rating. Centerpoint Energy ( CNP) numbers increased at Credit Suisse. CNP estimates were raised through 2014, Credit Suisse said. Electric utility business is driving growth. Neutral rating and new $22 price target. Dicks Sporting Goods ( DKS) numbers raised at Oppenheimer. Shares of DKS now seen reaching $75, Oppenheimer said. Estimates also raised on expected 4%-6% comp increase. Outperform rating. EOG Resources ( EOG) numbers raised at UBS. Shares of EOG now seen reaching $130, UBS said. Estimates also increased as impressive 2Q may be an inflection point. Buy rating. General Motors ( GM) estimates raised at Citigroup through 2013 on slightly higher EBIT, Citigroup said. Buy rating. General Motors numbers lowered at Jefferies. Shares of GM now seen reaching $22, Jefferies said. Estimates also lowered on likely downward revisions. Hold rating. General Motors numbers reduced at Credit Suisse. Shares of GM now seen reaching $39, according to Credit Suisse. Estimates also cut, given lower expectations for the second half. Outperform rating. Gap ( GPS) estimates, target upped at Lazard. GPS estimates were boosted through 2013, Lazard said. Company is realizing higher margins. Buy rating and new $38 price target.
Navistar ( NAV) numbers cut at UBS. Shares of NAV now seen reaching $28, UBS said. Estimates also lowered as transition encouraging, but near term headwinds. Buy rating. ON Semiconductor ( ONNN) numbers lowered at Credit Suisse. ONNN estimates were cut through 2013, Credit Suisse said. Company is facing macro growth headwinds. Neutral rating and new $9 price target. Och-Ziff Capital Management ( OZM) added to Top Picks Live! at Citigroup. $11.50 price target. New flows might start to see multiple drivers. Parker Hannifin ( PH) numbers cut at Credit Suisse. Shares of PH now seen reaching $89, according to Credit Suisse. Estimates also reduced, as the company's guidance appears overly optimistic. Outperform rating. Quanta Services ( PWR) numbers raised at Credit Suisse. Shares of PWR now seen reaching $28, according to Credit Suisse. Estimates also increased, as the gas business has rebounded. Outperform rating. RenaissanceRe Holdings ( RNR) downgraded at Citigroup to Neutral from Buy, Citigroup said. $80 price target. Recent upward pricing trend less of a catalyst. Sealed Air Corp ( SEE) numbers lowered at Jefferies. Shares of SEE now seen reaching $18, Jefferies said. Estimates also lowered on execution issues. Buy rating. Sealed Air numbers cut at Credit Suisse. Shares of SEE now seen reaching $15, according to Credit Suisse. Estimates also reduced, given the company's new guidance. Neutral rating.