NEW YORK (TheStreet) -- RATINGS CHANGES
Alcoa (AA) was upgraded to market perform at BMO Capital. Company should see improved demand, and market sentiment for aluminum is gaining momentum, BMO Capital said. Twelve-month price target is $14.
Con-way (CNW) was upgraded at Wunderlich to buy from hold. Twelve-month price target is $57. Improving demand environment should allow the company to boost margins, Wunderlich said.
Cash America (CSH) was downgraded at FBR Capital Markets to market perform. Twelve-month price target is $46. Enova will likely weigh on near-term earnings, FBR Capital Markets said.
H&R Block (HRB) was upgraded to buy at TheStreet Ratings.
Interface (TILE) was downgraded to hold at TheStreet Ratings.
Intel (INTC) was upgraded at Morgan Stanley to equal-weight from underweight. Company is expected to have 5% revenue upside on better business demand for PCs, Morgan Stanley said. Twelve-month price target is $28.
Lululemon was downgraded at Canaccord Genuity to hold from buy. Twelve-month price target is $42. Product fix is likely a year away, Canaccord Genuity said.
Lululemon was downgraded at Citigroup to neutral from buy. Twelve-month price target is $40. Company faces several risks to growth, Citigroup said.
Lululemon was downgraded at Wedbush to neutral from outperform. Twelve-month price target is $40. Near-term comp sales outlook is murky, Wedbush said.
Marathon Oil (MRO) was downgraded at Wells Fargo to market perform from outperform. Valuation call, Wells Fargo said. Estimates were also cut, given the sale of Norway assets, Wells Fargo said.
Pinnacle Foods (PF) was upgraded at Credit Suisse to outperform from neutral. Twelve-month price target is $36. Expect the Hillshire merger agreement to be terminated, Credit Suisse said.
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