Analysts' Actions: AIG, Charter Communications, GNC, J.B. Hunt

NEW YORK (TheStreet) -- RATINGS CHANGES

American International Group (AIG) was initiated with an outperform rating at RBC Capital. Twelve-month price target is $64. Company is a market leader and leveraged to higher interest rates, RBC Capital said.

Charter Communications (CHTR) was downgraded at Jefferies to hold from buy. Twelve-month price target is $175. Lengthy regulatory review will delay benefits from transactions with Comcast (CCV) and Time Warner (TWC), Jefferies said.

Clarcor (CLC) was upgraded at Robert Baird to outperform from neutral. Recent acquisition should augment improving core fundamentals, Baird said.

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GNC (GNC) was downgraded at Jefferies to hold from buy. Twelve-month price target is $39. The company sees risk of near-term earnings disappointment as sales trends become weaker, Jefferies said.

J.B. Hunt (JBHT) was upgraded at Bernstein to outperform from market perform. Twelve-month price target is $91. Earnings growth is accelerating, Bernstein said.

MGIC Investment (MTG) was downgraded to sell at TheStreet Ratings.

PetSmart (PETM) was downgraded to sector perform from outperform at RBC Capital. Twelve-month price target is $66. Valuation call, as the stock is up 25% from recent lows, RBC Capital said.

Shoe Carnival (SCVL) was downgraded to hold at TheStreet Ratings.

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