NEW YORK (TheStreet) -- CHANGE IN RATINGSAmerican International ( AIG) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a $46 price target, Goldman said. Apollo ( APO) was upgraded at Oppenheimer to outperform from perform. $34 price target. Company is trending well ahead of earnings expectations, Oppenheimer said. Allegheny ( ATI) was initiated with a neutral rating at Credit Suisse. $33 price target. Stock will likely remain range-bound in the near term, Credit Suisse said. Credicorp ( BAP) was downgraded to hold at TheStreet Ratings.
EOG Resources ( EOG) was upgraded at Stifel Nicolaus to buy from hold. $150 price target. Company is generating higher production growth and cash flow, Stifel Nicolaus said. Evertech ( EVTC) was initiated with a buy rating at UBS. The company's Latin American exposure and diverse products will drive solid growth, UBS said. Price target is $24. Hologic ( HOLX) was downgraded at ISI Group to buy from strong buy. $24 price target. Company is seeing lower sales, especially in China. ISI said. International Rectifier ( IRF) was downgraded at JMP Securities to market perform from outperform. Company is leveraged to lower PC demand, JMP said.
Pinnacle Foods ( PF) was initiated with an equal-weight rating at Morgan Stanley. $25 price target. Company has limited organic growth and high debt leverage, Morgan Stanley said. Pinnacle Foods was initiated with an outperform rating at Credit Suisse. $27 price target. Company can continue to grow by consolidating the packaged foods industry, Credit Suisse said. Pinnacle Foods was initiated with a neutral rating at UBS. Fair valuation, UBS said. Price target is $25. Ruckus Wireless was downgraded to neutral from buy at Lazard Capital Markets. Valuation call, as the company lacks near-term catalysts, Lazard said. Talisman Energy ( TLM) was downgraded to sell at TheStreet Ratings. T-Mobile US was initiated with an underperform rating at Bank of America/Merrill Lynch. Valuation call, based on a $12 price target, BofA/Merrill said.