NEW YORK (TheStreet) -- CHANGE IN RATINGSAirgas ( 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.
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