Analysts' Actions: AKS BBBY IMGN RIG LIFE

NEW YORK ( TheStreet) -- CHANGE IN RATINGS:

AK Steel ( AKS) was downgraded at Goldman Sachs to sell from neutral. $3 price target. Integrated mills face margin risk, Goldman said.

Bed Bath & Beyond ( BBBY) was downgraded at Goldman to sell from neutral. $56 price target. Mounting evidence of peak margins and market share loss, Goldman said.

General Cable ( BGC) upgraded to buy at TheStreet Ratings.

Dynamic Materials ( BOOM) upgraded to buy at TheStreet Ratings.

Brookfield Office Properties ( BPO) was downgraded at Citigroup to sell from neutral. $15 price target. Headwinds strengthening in 2013 while street estimates remain too high, Citi said.

BorgWarner ( BWA) was upgraded at KeyBanc to buy from hold. $92 price target. Strong European light vehicle sales, KeyBanc said.

Hancock Holding Co. ( HBHC) was downgraded at Credit Suisse to underperform from neutral. $25 price target. Core margin lower than expected, Credit Suisse said.

HMS Holdings ( HMSY) was downgraded at Oppenheimer to perform from outperform. Strong run-up in share price, Oppenheimer said.

ImmunoGen ( IMGN) was downgraded at Oppenheimer to perform from outperform. $14 price target. Valuation call as T-DM1 success priced in, Oppenheimer said.

Ingredion ( INGR) was downgraded at Citigroup to neutral from buy. $77 price target. Declining sugar prices to limit 2013 EPS growth, Citigroup said.

Life Technologies ( LIFE) downgraded at UBS to neutral from buy, UBS said. $65 price target. Upside limited at current levels.

Magna International ( MGA) upgraded at KeyBanc to buy from hold, KeyBanc said. $61 price target. Strong European light vehicle sales.

NYSE Euronext ( NYX) downgraded at UBS to neutral from buy, UBS said. $34 price target. Prefer ICE for exposure to attractive transaction.

Transocean ( RIG) upgraded at Guggenheim to buy from neutral, Guggenheim said. $75 price target. Potential yield upside.

SVB Financial Group ( SIVB) downgraded at Citigroup to neutral from buy, Citigroup said. $64 price target. Valuation call.

Terex ( TEX) upgraded at BofA Merrill to neutral from underpeform, Bank of America Merrill Lynch said. $34 price target. Positive read across from aerial work platform competitors.

STOCK COMMENTS / EPS CHANGES

Baker Hughes ( BHI) numbers raised at Guggenheim. Shares of BHI now seen reaching $50, Guggenheim said. Estimates also raised on multiple expansion. Neutral rating.

The Hershey Company ( HSY) target raised at Deutsche Bank. Shares of HSY now seen reaching $72, Deutsche Bank said. Deserves a premium. Hold rating.

JB Hunt Transport Services ( JBHT) numbers raised at Credit Suisse. Shares of JBHT now seen reaching $68, Credit Suisse said. Estimates also raised on intermodal growth. Neutral rating.

Oshkosh Corp ( OSK) numbers raised at Credit Suisse. Shares of OSK now seen reaching $38, Credit Suisse said. Estimates also raised on tele-handling its business. Neutral rating.

QLogic Corporation ( QLGC) target raised at Cantor Fitzgerald to $11.50, Cantor Fitzgerald said. Revenue compression arrested. Hold rating.

>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.

If you liked this article you might like

Steel Stocks Could Benefit as Harvey Drives Prices Higher

U.S. Steel Shorts Have Just a Few Hours to Buy a Clue: Chart

Steel Stocks Are Red Hot Following AK Earnings Beat and Belief Tarrifs May Be Set Soon