NEW YORK ( TheStreet) -- CHANGE IN RATINGSBig Lots ( BIG) was upgraded to buy at TheStreet Ratings. Cisco Systems ( CSCO) was upgraded at ISI Group to neutral from cautious. Valuation is improving, but need to see the low-$20's to become more constructive, ISI Group said. MDC ( MDC) was upgraded at Sterne Agee to buy from neutral. $36 price target. Valuation call, as the company has easy comps, Sterne Agee said. Medicines Company ( MDCO) was upgraded at Bank of America/Merrill Lynch. $40 price target. Company has expanded its platform and can drive revenue synergies, BofA/Merrill said.
Synovus ( SNV) was downgraded at Drexel Hamilton to hold from buy. Valuation call, based on a $3.50 price target, Drexel Hamilton said. Suntrust ( STI) was upgraded to buy from hold at Drexel Hamilton. $40 price target. Company should increase capital distributions, Drexel Hamilton said. Teekay ( TK) was downgraded to hold at TheStreet Ratings.
Stock Comments / EPS Changes
Agilent Technologies ( A) numbers were raised at Citigroup. Estimates were raised given strong cost controls, said Citi. Price target is boosted to $53. Cisco ( CSCO) estimates were raised at UBS. Earnings estimates were boosted slightly to reflect a headcount reduction, said UBS. Price target is $28.50. Dillard's ( DDS) estimates, price target were lowered at Credit Suisse. Shares are now seen reaching $93. Estimates were also cut, as inventory levels remain elevated, Credit Suisse said. Outperform rating.
Liberty Media ( LMCA) numbers were reduced at Lazard Capital Markets. Shares are now seen reaching $177. Estimates were also cut, given lower investment values and a recent debt sale, Lazard Capital Markets said. Buy rating. Macy's ( M) estimates were lowered at UBS. Earnings estimates were reduced given sluggish sales trends and lower lower operating leverage, said UBS. Price target is $50. NetApp ( NTAP) estimates were lowered at UBS. Earnings estimates were reduced as the storage spending turnaround is not yet occurring, said UBS. Price target is $42. Pinnacle Foods ( PF) numbers were increased at BMO Capital Markets. Estimates also raised, as the company is expanding margins, BMO Capital Markets said. Outperform rating and new $30 price target.