NEW YORK (TheStreet) -- CHANGE IN RATINGSCH Robinson ( CHRW) was downgraded at J.P. Morgan to underweight from neutral. Company is facing increased competition, J.P. Morgan said. Costco ( COST) was initiated with a buy rating at UBS. Membership fees will drive reliable profit growth, UBS said. Price target is $121. Dreamworks Animation ( DWA) was upgraded at B. Riley to buy from sell. $23 price target. Stock is trading below tangible book value, B. Riley said. M&T Bank ( MTB) was downgraded at Keefe, Bruyette & Woods to market perform from outperform. $110 price target. Closing of the HCBK deal should be delayed, KBW said. Old Dominion ( ODFL) was upgraded at J.P. Morgan to overweight. Company has lagged its peers year to date but can gain market share in the coming quarters, J.P. Morgan said.
Pioneer Natural ( PXD) was upgraded at Canaccord Genuity to hold from sell. $112 price target. Expect better capital productivity from the Spraberry field, Canaccord said. Sprint Nextel ( S) was upgraded at J.P. Morgan to overweight from neutral. $8 price target. Company continues to hold long-term strategic value, J.P. Morgan said. Sarepta ( SRPT) was downgraded at Leerink Swann. Company is not sure whether the FDA will allow for an accelerated filing of drisapersen, Leerink Swann said. Fair value is $41.
Target ( TGT) was initiated with a neutral rating at UBS. PFresh and REDcard will continue to benefit 2013, but the fast entry into Canada is risky, UBS said. Price target is $75. Thermo Fisher ( TMO) was upgraded at Mizuho to buy from neutral. $90 price target. Life purchase bolsters the company's margins and growth profile, Mizuho said. Vulcan Materials ( VMC) was upgraded at Sterne Agee to buy from neutral. $55 price target. Company is leveraged to strong end-market demand, Sterne Agee said. Wal-Mart ( WMT) was initiated with a buy rating at UBS. A turnaround in the U.S. business, investments in small box stores and e-commerce as well as international growth will drive the sales higher, UBS said. Price target is $89. Stock Comments / EPS Changes Apple ( AAPL) target lowered at Piper Jaffray to $688. March Street expectations still appear too high, and Apple is likely to guide June down, Piper Jaffray said. Overweight rating.