Analysts' Actions: BHI GNC LO SBGI STZ

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Baker Hughes (BHI) was upgraded at Goldman Sachs to buy from neutral. Twelve-month price target is $72. Company should benefit from an improving pressure pumping market, Goldman said.

Bellatrix Exploration (BXE) was downgraded to sell at TheStreet Ratings.

Commvault (CVLT) was upgraded at Mizuho to buy from neutral. Twelve-month price target is $80. Company can continue to gain market share, Mizuho said.

Ever-Glory International (EVK) was upgraded to buy at TheStreet Ratings.

Facebook (FB) was downgraded at Argus to hold from buy. Valuation call, Argus said.

FEI (FEIC) was downgraded at DA Davidson to neutral from buy. Valuation call, based on a 12-month price target of $105.

GNC (GNC) was downgraded at Credit Suisse to neutral from outperform. Twelve-month price target is $51. Company has lower sales visibility, Credit Suisse said.

Lorillard (LO) was upgraded at Goldman Sachs to buy. Company is attractive, based on a sum-of-the-parts valuation, Goldman Sachs said.

Martin Midstream Partners (MMLP) was upgraded at UBS to buy from neutral. Alinda Capital Partners acquisition LT positive, UBS said. Twelve-month price target is $46. Buy rating.

Netscout (NTCT) was downgraded at DA Davidson to neutral from buy. Valuation call, as the stock is up 35% year to date, DA Davidson said. Twelve-month price target is $40.

Patterson-UTI (PTEN) was upgraded at Goldman Sachs to buy from neutral. Company was also placed on the Conviction List, Goldman said. Twelve-month price target is $37. Expect higher onshore pricing in North America, Goldman said.

Regeneron (REGN) was upgraded at Citigroup to buy. See a lot of value embedded in the clinical pipeline, Citigroup said.

Sinclair Broadcast (SBGI) was downgraded at Wells Fargo to market perform. Sector is facing increased regulatory scrutiny, Wells Fargo said.

Constellation Brands (STZ) was downgraded at Goldman Sachs to neutral from buy. Twelve-month price target is $88. Company lacks near-term catalysts, Goldman Sachs said.

TC PipeLines (TCP) was upgraded at UBS to buy from neutral. Drop-downs of gas assets used to fund internal growth projects, UBS said. Twelve-month price target is $51.

Stock Comments / EPS Changes

Avago Technologies (AVGO) price target was lifted at UBS. FBAR filter products will driver overall top-line growth. Twelve-month price target is now $70. Buy rating.

Baxter (BAX) was cut from the Conviction Buy List at Goldman Sachs. Twelve-month price target is $77. Company is facing supply constraints, Goldman said.

Fortinet (FTNT) estimates, price target were raised at Oppenheimer. Shares are now seen reaching $28. Estimates were also increased, following positive channel checks, Oppenheimer said.

Hyatt (H) estimates, price target were boosted at Bank of America/Merrill Lynch. Shares are now seen reaching $60. Estimates were also increased, given higher expected room growth, BofA/Merrill said. Buy rating.

VeriFone Systems (PAY) price target was increased at Jefferies. Driven by increased fiscal 2014 guidance and increased visibility and improvement in management execution, Jefferies said. Twelve-month price target is $38. Buy rating.

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This article was written by a staff member of TheStreet.

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