NEW YORK ( TheStreet) -- CHANGE IN RATINGSAllstate ( ALL) was downgraded at Deutsche Bank to hold from buy. Valuation call, based on a $57 price target, Deutsche said. Ameriprise ( AMP) was downgraded at Citigroup to neutral from buy. Valuation call, based on a $97 price target, Citi said. Barrick Gold ( ABX) was downgraded to sell at TheStreet Ratings. Broadcom ( BRCM) was upgraded at Drexel Hamilton to buy from hold. $38 price target. Broadband and multimedia businesses should drive growth, Drexel Hamilton said. CBOE ( CBOE) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a $49 price target, Goldman said. Concur ( CNQR) was cut from the U.S. Focus List at Credit Suisse. Valuation call, based on a $118 price target, Credit Suisse said. Discovery ( DISCA) was upgraded at Pivotal Research to hold from sell. $82 price target. Stock has pulled back to a more realistic valuation, Pivotal said.
Dow Chemical ( DOW) was upgraded at Argus to buy from hold. $47 price target. Company will likely sell some commodity businesses and is leveraged to improving economic activity, Argus said. Duke Energy ( DUK) was upgraded at Citigroup to buy from neutral. $80 price target. Regulatory overhangs have been lifted, Citi said. Hillshire ( HSH) was downgraded at Wells Fargo to underperform from market perform. Commodity and consumer headwinds will challenge near-term growth, Wells said. Jacobs ( JEC) was downgraded at Robert Baird to neutral from outperform. Industry appears to be in the later innings of the current cycle, Baird said.
Kraft ( KRFT) was downgraded at Jefferies to hold from buy. Valuation call, based on a $61 price target, Jefferies said. Outerwall ( OUTR) was added to the Best Ideas List at Wedbush. Company has several potential near-term catalysts, said Wedbush. $78 price target Pentair ( PNR) was initiated with an overweight rating at J.P. Morgan. $75 price target. Company has cyclical growth potential and can improve its operations, J.P. Morgan said. Qualcomm ( QCOM) was downgraded at Piper Jaffray to neutral from overweight. $67 price target. High-end smartphone demand is falling, Piper Jaffray said.