NEW YORK ( TheStreet) -- CHANGE IN RATINGSApple ( AAPL) was upgraded at Jefferies to buy from hold. Valuation call, based on a $600 price target, Jefferies said. Jiayuan.com ( DATE) was upgraded to buy at TheStreet Ratings. Evercore ( EVR) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a $52 price target, Goldman said. Synageva ( GEVA) was downgraded at Wedbush to neutral from outperform. Valuation call, based on a $67 price target, Wedbush said.
Hain Celestial ( HAIN) was upgraded at Piper Jaffray to overweight from neutral. $94 price target. Healthy foods should continue to see secular growth, Piper Jaffray said. HollyFrontier ( HFC) was downgraded at Imperial Capital to in-line from outperform. $41 price target. Estimates also cut, given a contraction in refining margins, Imperial Capital said. Lazard ( LAZ) was upgraded at Goldman Sachs to buy from neutral. Company was also placed on the Conviction Buy list, with a $45 price target. Company should see higher growth and margins across the board, Goldman said. Piedmont Natural Gas ( PNY) was downgraded to hold at TheStreet Ratings. Northeast Utilities ( NU) was initiated with an equal-weight rating at Morgan Stanley. Valuation call, based on a $43 price target, Morgan Stanley said. Qualcomm ( QCOM) was downgraded at Bank of America/Merrill Lynch to neutral from buy. $75 price target. Market dynamics don't bode well for the company's growth, BofA/Merrill said.
Realogy ( RLGY) was upgraded at Goldman Sachs to buy. $54 price target. Company should see stabilization in royalty rates and commission splits, Goldman said. Signet ( SIG) was upgraded at Deutsche Bank to buy from hold. $85 price target. Company can deliver low-teens annual earnings growth over the next three years, Deutsche Bank said. Toll Brothers ( TOL) was downgraded at Goldman Sachs to neutral. Valuation call, based on a $36.50 price target, Goldman said. Umpqua ( UMPQ) was upgraded at Sterne Agee to buy from neutral. Valuation call, based on a $19 price target. Estimates were also increased, as the STSA acquisition should add to earnings, Sterne Agee said.