Analysts' Actions: ABX CAT NBR TFM TSLA

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Barrick Gold (ABX) was upgraded at RBC Capital to outperform from sector perform. Twelve-month price target is $28. Company can increase cash flow by focusing on core businesses, RBC Capital said.

Infoblox (BLOX) was upgraded at Goldman Sachs to buy. 42% decline has created a buying opportunity, Goldman said.

Caterpillar (CAT) was initiated with a buy rating at Deutsche Bank. Twelve-month price target is $122. Construction and Power Systems can drive growth, Deutsche Bank said.

Deere (DE) was initiated with a buy rating at Deutsche Bank. Twelve-month price target is $110. Fundamentals are improving in international agriculture and construction markets, Deutsche Bank said.


Equinix (EQIX) was downgraded at Piper Jaffray to neutral from overweight. Valuation call, based on a 12-month price target of $210, Piper Jaffray said.

CGI (GIB) was upgraded to buy from hold at Jefferies. Reflecting FCF recovery and robust bookings trends driving top-line growth, Jefferies said. Twelve-month price target is $43.

Nabors (NBR) was upgraded at Morgan Stanley to overweight. Twelve-month price target is $28. Stock has underperformed its peers, but macro issues appear to have troughed and execution is improving, Morgan Stanley said.

Nabors was upgraded to buy at TheStreet Ratings.

SM Energy (SM) was downgraded at UBS to neutral from buy. Reflects disappointing Eagle Ford resource update and negative impact on management and asset credibility, UBS said. Twelve-month price target is $82. Neutral rating.

SM Energy was downgraded to hold at TheStreet Ratings.

Terex (TEX) was downgraded at Stifel Nicolaus to hold from buy. Company offered weak 2014 guidance, Stifel Nicolaus said.

The Fresh Market (TFM) was downgraded at Deutsche Bank to hold. Twelve-month price target is $34. Weather could hurt sales and earnings, Deutsche Bank said.

Thermo Fisher (TMO) was upgraded at Goldman Sachs to buy from neutral. Twelve-month price target is $153. End-market demand is improving and consensus expectations appear too low, Goldman said.

Dealertrack (TRAK) was upgraded at Wells Fargo to outperform. New strategy should gain market share and accelerate growth, Wells Fargo said.

Tesla (TSLA) was downgraded at Deutsche Bank to hold. Twelve-month price target is $220. Valuation call, as the stock is pricing in several years worth of growth, Deutsche Bank said.

Stock Comments / EPS Changes

Allstate (ALL) estimates, price target were cut at Credit Suisse. Estimates were reduced through 2015. Company is seeing higher catastrophe losses and lower cost-cutting, Credit Suisse said. Outperform rating and new 12-month price target of $62.

ARRIS Group (ARRS) 12-month price target was lifted at Jefferies. High upside given accelerating STB refresh cycle and heightened competition in Broadband (driving Network Equipment sales), Jefferies said. Twelve-month price target is $36. Buy rating.

Biogen Idec (BIIB) numbers were increased at Leerink Swann. Estimates were raised through 2015. Higher expected Elocate sales, Leerink Swann said. Outperform rating and new 12-month price target of $351.

Carlyle Group (CG) 12-month price target was increased at UBS. Strong performance fees and realized performance fees better than expected and robust pipeline for future investments, UBS said. $36 price target. Neutral rating.

Edison International (EIX) price target was raised at Jefferies. Reflects negotiated settlement with EME bondholders, Jefferies said. Twelve-month price target is $52. Hold rating.

Flowserve (FLS) price target was raised at UBS. EPD and IPD post stronger margins, UBS said. Twelve-month price target is $80. Neutral rating.

Lumber Liquidators (LL) price target, EPS estimates were cut at Jefferies. Twelve-month price target is now $124. Weather is disruptive in the near term, but there is potential margin expansion down the road, Jefferies said. Buy rating.

MGM Resorts (MGM) numbers were raised at Credit Suisse. Twelve-month price target is now $30. Estimates were also increased, given Macau and Las Vegas trends, Credit Suisse said. Outperform rating.

Tesla price target was increased at Jefferies. Twelve-month price target is now $220. Reflecting higher ASPs on a richer mix of sales and deliveries to Europe, Jefferies said. Buy rating.

Tesla estimates, price target were boosted at Wedbush. Twelve-month price target is now $225. Estimates were also increased, given the company's new guidance, Wedbush said. Outperform rating.

Follow TheStreet on Twitter and become a fan on Facebook.

This article was written by a staff member of TheStreet.

More from Stocks

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's How Global Stocks Can Boost Your Portfolio

Video: Here's How Global Stocks Can Boost Your Portfolio

Micron Shares Pop After-Hours as Chipmaker Announces $10 Billion Stock Buyback

Micron Shares Pop After-Hours as Chipmaker Announces $10 Billion Stock Buyback

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Dow Leads Major Indices With Triple-Digit Rally

Dow Leads Major Indices With Triple-Digit Rally