NEW YORK (TheStreet) -- CHANGE IN RATINGS:Apollo Group ( APOL) downgraded at Morgan Stanley to equal-weight from overweight, Morgan Stanley said. Tempered outlook for growth. ASM International NV ADR ( ASMI) upgraded to buy at TheStreet Ratings. Bank of America ( BAC) downgraded at Credit Suisse to neutral from outperform, Credit Suisse said. Valuation call, based on a $12 price target. B&G Foods ( BGS) upgraded at Piper from neutral to overweight. $34 price target. Company has room on its balance sheet to make accretive acquisitions. Bemis ( BMS) upgraded at JP Morgan from neutral to overweight, JP Morgan said. Company has multiple potential growth drivers. ChinaEdu ( CEDU) downgraded to hold at TheStreet Ratings. Crown ( CCK) downgraded at JP Morgan from overweight to neutral, JP Morgan said. Estimates also cut, given the company's exposure to Europe. Comerica ( CMA) downgraded at Oppenheimer to perform from outperform. Valuation call. CME ( CME) rated new neutral at Compass Point. Valuation call, based on a $55 price target. Computer Sciences ( CSC) upgraded at Goldman from sell to neutral, Goldman Sachs said. $40 price target. Company is expanding its margins. Cognizant ( CTSH) upgraded at Goldman from sell to neutral, Goldman Sachs said. $72 price target. Company can deliver mid-teens organic growth this year. Citrix ( CTXS) upgraded at Jefferies to buy from hold, Jefferies said. $80 price target. Potential for desktop growth. Buy rating. Covanta ( CVA) downgraded at Baird from outperform to neutral, Robert Baird said. Valuation call, based on a $20 price target. Commvault ( CVLT) downgraded at Goldman from buy to neutral, Goldman Sachs said. Valuation call, based on a $70 price target. Diebold ( DBD) downgraded at Goldman from neutral to sell, Goldman Sachs said. $27 price target. Company will likely see weaker ATM demand. Dish Network ( DISH) upgraded at Wunderlich from hold to buy, Wunderlich said. $42 price target. Wireless business should create a new growth avenue. FirstMerit Corp ( FMER) upgraded at Oppenheimer to outperform from perform, Oppenheimer said. $18 price target. Low valuation and solid growth outlook. Global Payments ( GPN) upgraded at JP Morgan to overweight from neutral, JP Morgan said. Solid F2Q builds case for more EPS upside to come. Healthcare Services ( HCSG) upgraded at Benchmark from Hold to Buy, Benchmark said. $27 price target. Company is growing faster and deserves a higher multiple.
Sonoco ( SON) downgraded at JP Morgan from neutral to underweight, JP Morgan said. Estimates also cut, as the company could see lower sales in plastics and the emerging markets.Sysco Corp. ( SYY) downgraded at Morgan Stanley to Underweight from Equal-weight, Morgan Stanley said. $27 price target. Margin pressure from a return of food inflation. Walter Energy ( WLT) downgraded at Deutsche from buy to Hold, Deutsche Bank said. Valuation call, based on a $42 price target. Western Union ( WU) downgraded at Goldman from neutral to sell, Goldman Sachs said. $12 price target. Pricing concerns could weigh on margins.
STOCK COMMENTS / EPS CHANGESAbercrombie & Fitch ( ANF) numbers boosted at Sterne Agee. Shares of ANF now seen reaching $62, according to Sterne Agee. Estimates also upped, following recent channel checks. Buy rating. BlackRock ( BLK) target raised at Jefferies. Shares of BLK now seen reaching $215, Jefferies said. Organic growth stands out. Hold rating. Cypress Semiconductor ( CY) numbers cut at Sterne Agee. CY estimates were reduced through 2013, Sterne Agee said. Company is leveraged to slower macro growth. Buy rating and new $14 price target. EMC Corporation ( EMC) numbers cut at UBS. Shares of EMC now seen reaching $28.50, UBS said. Estimates also lowered as big data overhyped short term, but real long term. Buy rating. Hubbell ( HUBB) target raised at Oppenheimer to $98. Longer term recovery in nonresidential and residential markets. Outperform rating. Monsanto ( MON) estimates, target raised at Morgan Stanley. Shares of MON now seen reaching $115, according to Morgan Stanley. Estimates also increased, as the company is realizing higher deferred revenue. Overweight rating. Monsanto numbers raised at Jefferies. Shares of MON now seen reaching $110, Jefferies said. Estimates also raised on tailwind from Roundup Ready. Hold rating. Qlik Technologies ( QLIK) target raised at Jefferies to $21, Jefferies said. Survey suggests in line quarter. Hold rating. Visa ( V) added to Conviction Buy List at Goldman. Company should see higher new transactions. Price target also lifted to $188. Weyerhaeuser ( WY) numbers raised at Citigroup to $36. Estimates also increased as previously too bearish on pulp and not bullish enough on lumber. Buy rating. >To submit a news tip, email: firstname.lastname@example.org.
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