Analysts' Actions: BCC DO DVN FLEX HOT


Atwood Oceanics ( ATW) was upgraded at Goldman Sachs to buy from neutral. $68 price target. Earnings growth appears on the verge of acceleration, Goldman said.

Boise Cascade ( BCC) was upgraded at DA Davidson to neutral from underperform. Valuation call, based on a $30 price target, DA Davidson said.

Diamond Offshore ( DO) was upgraded at Goldman Sachs to neutral from sell. $85 price target. Company can post 49% earnings growth in 2014 and the stock yields 4.8%, Goldman said.

Devon Energy ( DVN) was downgraded at J.P. Morgan to neutral from overweight. $62.50 price target. Strategic decisions will likely do little to increase shareholder value, J.P. Morgan said.

Factset ( FDS) was upgraded at Piper Jaffray to overweight from neutral. $121 price target. Financial markets and the competitive landscape are improving, Piper Jaffray said.

Flextronics ( FLEX) was downgraded at Deutsche Bank to hold from buy. Valuation call, based on an $8 price target, Deutsche Bank said.

Starwood ( HOT) was upgraded at Bank of America/Merrill Lynch to buy. $84 price target. Company is the best positioned in the U.S. market and comps are easing in China, BofA/Merrill said.

Starwood was upgraded at Morgan Stanley to overweight. $79 price target. Industry RevPAR growth should accelerate in the second half of the year, Morgan Stanley said.

Hewlett-Packard ( HP) was upgraded at Jefferies to hold. $24 price target. Company is executing well and keeping a tight lid on costs, Jefferies said.

KT ( KT) was downgraded to sell at TheStreet Ratings.

Patterson-UTI ( PTEN) was downgraded at Goldman Sachs to sell from neutral. Valuation call, as the stock is up 20% year to date, Goldman said. $24 price target.

Republic Services ( RSG) was upgraded at Keybanc to buy from hold. $41 price target. Industry tone has meaningfully improved over the last several quarters, Keybanc said.

Sanmina ( SANM) was downgraded at Deutsche Bank to sell from hold. Valuation call, as the stock is up 26% year to date, Deutsche Bank said. $11 price target.

Seagate ( STX) was upgraded at Deutsche Bank to buy from hold. $46 price target. Expect better unit growth and sales mix, Deutsche Bank said.

Stifel Financial ( SF) was upgraded to buy at TheStreet Ratings.

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