Analysts' Actions: AMGN DO FFIV LNKD STT

NEW YORK (TheStreet) -- CHANGE IN RATINGS:

Abbott Laboratories ( ABT) was downgraded to hold at TheStreet Ratings.

Amgen ( AMGN) was downgraded at Credit Suisse from outperform to neutral. $90 price target. Stock is already pricing in lower agency costs, Credit Suisse said.

Allegheny Technologies ( ATI) was downgraded at J.P. Morgan from neutral to underweight. Estimates were also cut, given risks in the stainless steel market, J.P. Morgan said.

Biomarin ( BMRN) was upgraded at Stifel Nicolaus from hold to buy. $67 price target. New products should drive growth and the company is a potential acquisition target, Stifel Nicolaus said.

Diamond Offshore ( DO) was downgraded at Credit Suisse from outperform to neutral, Credit Suisse said. $77 price target. Company will be impacted by bifurcation in the deepwater market, Credit Suisse said.

FirstEnergy ( FE) was downgraded at Jefferies to underperform from hold. $33.50 price target. Rating agency pressure, Jefferies said.

F5 Networks ( FFIV) was downgraded at Needham from buy to hold. Consensus estimates appear high as growth could slow as the company transitions its product line, Needham said.

Fortinet ( FTNT) was downgraded at JMP Securities from outperform to market perform. Estimates were also cut, as the company is facing increased competition, JMP said.

John Bean Technologies ( JBT) was upgraded to buy at TheStreet Ratings.

Johnson Controls ( JCI) was downgraded at Lazard Capital Markets to neutral. Company faces macro growth headwinds, Lazard Capital Markets said.

LinkedIn ( LNKD) was initiated with a neutral rating at Sterne Agee. Valuation call, as the stock is up 67% of the past year, Sterne Agee.

Och-Ziff ( OZM) was downgraded to market perform at Keefe, Bruyette & Woods. $10.25 price target. Company faces potential growth headwinds, Keefe, Bruyette & Woods said.

Precision Castparts ( PCP) was upgraded at UBS to buy from neutral. $213 price target. Negative EPS revisions at end, UBS said.

State Street ( STT) was upgraded at J.P. Morgan to neutral. Company is cutting costs, offsetting a lower net interest margin, J.P. Morgan said.

Wesco ( WCC) was upgraded at Credit Suisse from neutral to outperform. $84 price target. Company is leveraged to a turn in the commercial construction market, Credit Suisse said.

VCA Antech ( WOOF) was downgraded at Stifel Nicolaus from hold to sell. Company may continue to lose market share in the lab business, Stifel Nicolaus said.

STOCK COMMENTS / EPS CHANGES

Apple ( AAPL) numbers were cut at UBS. Shares are now seen reaching $650. Estimates were also lowered on iPhone ASPs, UBS said. Buy rating.

Citigroup ( C) numbers were cut at Sterne Agee. Shares of Citigroup are now seen reaching $48. Estimates were also lowered on management's sober outlook for legacy mortgage-related costs, Citi said. Buy rating.

Deckers ( DECK) numbers were cut at Canaccord Genuity. Shares are now seen reaching $35. Estimates were also lowered as challenged holiday bodes ill for 2013 orders, Canaccord Genuity said. Hold rating.

Facebook ( FB) estimates, target were raised at Topeka. Shares are now seen reaching $40. Estimates were also increased, given higher expected advertising growth, Topeka said. Buy rating.

First Republic Bank ( FRC) numbers were raised at Jefferies. Shares are now seen reaching $42. Estimates also raised on mortgage banking performance, Jefferies said. Buy rating.

Johnson Controls ( JCI) price target was raised at Jefferies. Shares are now seen reaching $31. Leverage the HVAC cycle, Jefferies said. Hold rating.

Life Technologies ( LIFE) price target was raised at Oppenheimer. Shares are now seen reaching $67. Strategic more likely than LBO, Oppenheimer said. Outperform rating.

Lorillard ( LO) numbers were lowered at Jefferies. Shares are now seen reaching $43. Update following stock split, Jefferies said. Buy rating.

Parker Hannifin ( PH) numbers were raised at BMO Capital Markets. Shares are now seen reaching $108. Estimates were also increased as FY2Q better than lowered expectations, BMO Capital Markets said. Outperform rating.

Sandisk ( SNDK) numbers were raised at Jefferies. Shares are now seen reaching $59. Estimates were also raised on gross margin upside, Jefferies said. Buy rating.

State Street ( STT) numbers were raised at Citigroup. Shares are now seen reaching $61. Estimates were also increased ahead of analyst day and CCAR results, Citigroup said. Buy rating.

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This article was written by a staff member of TheStreet.

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