Analysts' Actions: BBRY CHKP CIT JCP WFM

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Airgas ( ARG) was downgraded at Bank of America/Merrill Lynch to underperform from neutral. $94 price target. Organic sales growth is decelerating, BofA/Merrill said.

Research In Motion ( BBRY) was downgraded at Goldman Sachs to neutral from buy. $17 price target. Z10 launch was soft at AT&T ( T), Goldman said.

Check Point ( CHKP) was downgraded at Lazard Capital Markets to neutral from buy. Channel checks suggest increased share losses to Palo Alto Networks ( PANW), Lazard Capital Markets said.

CIT Group ( CIT) was downgraded at Compass Point to neutral from buy. Valuation call, Compass Point said.

Ducommun ( DCO) was upgraded to hold at TheStreet Ratings.

JC Penney ( JCP) was downgraded at BMO Capital Markets to underperform from market perform. $12 price target. Company will continue to post sizable losses, BMO Capital Markets said.

KB Home ( KBH) was upgraded at Williams Financial to hold from sell. $22 price target. Business turnaround appears to be in sight, Williams Financial said.

Lear ( LEA) was cut from the Conviction Buy List at Goldman Sachs. Company lacks near-term catalysts, Goldman said. $63 price target.

Life Technologies ( LIFE) was downgraded at Citigroup to neutral. Recent price movement has been dictated by takeout speculation rather than fundamentals, Citi said. Price target is $67.

MeadWestvaco ( MWV) was downgraded to hold at Deutsche Bank based on valuation concerns. The price target is still $37, Deutsche Bank said.

Mylan ( MYL) was downgraded at Bernstein to market perform from outperform. $33 price target. Company lacks near-term catalysts, Bernstein said.

Packaging Corp. of America ( PKG) was downgraded at Deutsche Bank to hold after cardboard and box prices were increased. Price target is now $46.

Sigma-Aldrich ( SIAL) was downgraded at Bank of America/Merrill Lynch to underperform. $78 price target. Valuation call, based on a $78 price target, BofA/Merrill said.

SPX ( SPW) was downgraded to hold at Deutsche Bank. Limited upside, Deutsche said. The price target is now $90.

Stone Energy ( SGY) was upgraded to buy at TheStreet Ratings.

Textron ( TXT) was downgraded at J.P. Morgan to neutral from overweight. Valuation call, as the stock has already made a big move in recent months J.P. Morgan said.

Veeco Instruments ( VECO) was upgraded at Canaccord Genuity to buy. $48 price target. Equipment market has finally bottomed, Canaccord Genuity said.

Whole Foods ( WFM) was downgraded at Piper Jaffray to neutral from overweight. Sales and margin growth is slowing, Piper Jaffray said. $89 price target.

STOCK COMMENTS/EPS CHANGES

Alcoa ( AA) earnings estimates for fiscal 2013 were reduced at UBS. Higher LME aluminum prices will be offset by lower production and shipments, UBS said. Price target remains $10.

Borg Warner ( BWA) price target was increased to $88 at Citigroup. The company's exposure to the fast growing Stop/Start market is underappreciated by the market, Citi said.

Dollar General ( DG) estimates and price target were increased at Citigroup. Earnings estimates were increased based on strong same-store sales in a favorable operating environment, said Citigroup. The new price target is $65.

Parexel ( PRXL) estimates and price target were increased at Citigroup to reflect the new share buyback program, said Citigroup. The company is well-positioned to benefit from the multiyear drug development outsourcing trend, Citigroup said. The new price target is $45.

>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

3 New Investing Myths That Must Be Busted

3 New Investing Myths That Must Be Busted

Why a Global Stock Market Crash Is Coming

Why a Global Stock Market Crash Is Coming

Dump All Your Disney Stock: Doug Kass Insider

Dump All Your Disney Stock: Doug Kass Insider

3 Must Know Market Insights From TheStreet's Jim Cramer Before Wednesday's Open

3 Must Know Market Insights From TheStreet's Jim Cramer Before Wednesday's Open

CHART: Even Consumer Staples Stocks Are Being Pummeled in Tuesday's Market Rout

CHART: Even Consumer Staples Stocks Are Being Pummeled in Tuesday's Market Rout