NEW YORK ( TheStreet) -- CHANGE IN RATINGSAlcoa ( AA) was downgraded at Deutsche Bank to sell from hold. $5.50 price target. Boom times are long gone in the metals business, Deutsche Bank said. Aptargroup ( ATR) was downgraded at J.P. Morgan to neutral from overweight. $65 price target. Macro upside lever more limited, J.P. Morgan said. Baxter ( BAX) was downgraded at Credit Suisse to neutral from outperform. $73 price target. Outlook for hemophilia market remains uncertain, Credit Suisse said. BBX Capital ( BBX) was upgraded to hold at TheStreet Ratings. Cabela's ( CAB) was initiated with a market perform rating at William Blair. Company has uncertain near-term sales trends, William Blair said.
CNH Global ( CNH) was downgraded to hold at TheStreet Ratings. Hologic ( HOLX) was initiated with a buy rating at Needham. $26 price target. Company can post modest sales growth, against easier comps, Needham said. Manpower ( MAN) was upgraded at Bank of America/Merrill Lynch to buy. $85 price target. Company should see a better macro environment and is cutting costs, BofA/Merrill said. Resmed ( RMD) was downgraded at UBS to neutral from buy. Valuation call, based on a $50.50 price target, UBS said.
Seagate ( STX) was upgraded at Pacific Crest to outperform from sector perform. $53 price target. Market is overly concerned about PC demand and market share loss to flash, Pacific Crest said. Tesla ( TSLA) was downgraded at Robert Baird to neutral from outperform. Valuation call, Baird said.
STOCK COMMENTS / EPS CHANGES
Aruba ( ARUN) estimates, price target were boosted at Pacific Crest. Shares are now seen reaching $21. Estimates were also increased, as new cloud Wi-Fi products and Brocade OEM strength should drive growth, Pacific Crest said. Outperform rating. Actuant ( ATU) numbers were increased at Jefferies. Shares are now seen reaching $36. Estimates were also increased on lower taxes, Jefferies said. Hold rating. Broadcom ( BRCM) estimates, price target were cut at Benchmark. Shares are now seen reaching $35. Estimates were also reduced, as the Renesas purchase should cut into earnings, Benchmark said.
Global Payments ( GPN) numbers were increased at Credit Suisse. Estimates were raised through 2015. Company boosted guidance and is buying back more shares, Credit Suisse said. Outperform rating and new $62 price target. Global Payments numbers were increased at Jefferies. Shares are now seen reaching $59. Estimates were also increased following strong quarter, Jefferies said. Buy rating. >To submit a news tip, email: firstname.lastname@example.org. Follow TheStreet on Twitter and become a fan on Facebook.