NEW YORK ( TheStreet) -- CHANGE IN RATINGSAlon USA Energy ( ALJ) was downgraded to hold at TheStreet Ratings. AOL ( AOL) was upgraded at Topeka Capital to buy from hold. $43 price target. Risk/reward is compelling at current levels, Topeka Capital said. Cardinal Health ( CAH) was initiated with a neutral rating at Sterne Agee. $48 price target. Company will likely grow slower than its peers, Sterne Agee said. Cisco ( CSCO) was initiated with an underperform rating at Credit Suisse. $21 price target. SDN architecture will likely cut into industry margins, Credit Suisse said. Disney ( DIS) was downgraded at Morgan Stanley to equal-weight. $70 price target. Company lacks near-term catalysts, Morgan Stanley said. FedEx ( FDX) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a $116 price target, Goldman said.
General Mills ( GIS) was downgraded at Wells Fargo to market perform from outperform. U.S. retail environment remains weak, Wells Fargo said. Groupon ( GRPN) was upgraded at Stifel Nicolaus to buy from hold. $16 price target. Growth is accelerating in the local business and Europe appears to be stabilizing, Stifel Nicolaus said. Huntsman ( HUN) was upgraded at Bank of America/Merrill Lynch to buy from neutral. $24 price target. New strategic plan can unlock shareholder value, BofA/Merrill said. Juniper ( JNPR) was initiated with a neutral rating at Credit Suisse. $20 price target. Secular concerns will likely offset a cyclical improvement in the core business, Credit Suisse said. McKesson ( MCK) was initiated with a buy rating at Sterne Agee. $80 price target. Company has a dominant market share of specialty drugs, Sterne Agee said.
Microsemi ( MSCC) was downgraded at Wells Fargo to market perform from outperform. Valuation call, as the stock is trading at a price-to-earnings ratio of 27, based on estimated 2014 earnings. Rockwood ( ROC) was downgraded at Goldman Sachs to neutral from buy. Valuation call, as the stock is up 53% over the past 10 months, Goldman said. $78 price target. TECO Energy ( TECO) was downgraded to hold at TheStreet Ratings. Triumph ( TGI) was downgraded at Credit Suisse to neutral from outperform. $77 price target. Company is spending more on its 747 program, Credit Suisse said. Travelers ( TRV) was upgraded at FBR Capital Markets to outperform from market perform. $94 price target. Stock is pricing in a more cautious industry pricing outlook, FBR Capital Markets said. Time Warner ( TWX) was upgraded at Morgan Stanley to overweight from equal-weight. $72 price target. Publishing spin should highlight a business that's leveraged to a healthy and growing TV ecosystem, Morgan Stanley said.