NEW YORK ( TheStreet) -- CHANGE IN RATINGS
Allison Transmission ( ALSN) was upgraded at BAML to buy from neutral. Increased confidence in FCF acceleration due to improving U.S. economy and recovery in pressure pumping, BAML said. $32 price target.
Braskem ( BAK) was upgraded to hold at TheStreet Ratings.
Cummins ( CMI) was initiated with a buy rating at BAML. Attractive secular growth prospects with demanding emissions standards, BAML said. $158 price target.
Conway (CNW) was downgraded at Deutsche Bank to hold from buy. Limited margin expansion at Freight and deteriorating LTL fundamentals, Deutsche Bank said. $45 price target.Cabot Oil & Gas ( COG) was initiated at BMO Capital with an outperform rating.Upside driven by firm sales contracts, numerous midstream projects, and high rates of return in the Marcellus, BMO Capital said. $47 price target.
Nautilus ( NLS) was upgraded to buy at TheStreet Ratings.
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Nielsen (NSLN) was downgraded at BMO Capital to market perform from outperform. Driven by only a steady (rather than raised) growth outlook and increasing focus on the question of a digital currency, BMO Capital said. $45 price target.
PVH Corp. ( PVH) was initiated at UBS with a buy rating. Significant long-term EPS upside expected after reinvestments in the first half of 2014, UBS said. $160 price target.
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