NEW YORK (TheStreet) -- RATINGS CHANGES
NOW (DNOW) was initiated at Barclays with an equal-weight rating. Offers leverage to the upcycle in capital spending in the industry, Barclays said. Twelve-month price target is $33.
Exelon (EXC) was upgraded at Jefferies to buy from hold. Valuation call, with 12-month price target of $42.50, Jefferies said.
Public Service Enterprise Group (PEG) was upgraded at Jefferies to buy from hold. Driven by improving commodity outlook for forward power prices, Jefferies said. Twelve-month price target is $44.
Potash (POT) was downgraded to hold at TheStreet Ratings.
Southwest Airlines (LUV) was upgraded at Stifel Nicolaus to buy from hold. Twelve-month price target is $30. Recent industry pullback has created a buying opportunity, Stifel Nicolaus said.
JTH Holding (TAX) was upgraded to buy at TheStreet Ratings.
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