NEW YORK (TheStreet) -- RATINGS CHANGES
Cabot Oil & Gas (COG) was downgraded at Deutsche Bank to hold from buy. Twelve-month price target is $38. Company lacks near-term catalysts, Deutsche Bank said.
Cyberonics (CYBX) was downgraded at Canaccord to hold from buy. Twelve-month price target is $52. New U.S. patient growth is slowing, Canaccord said.
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Edison International (EIX) was upgraded at BMO Capital to outperform. Twelve-month price target is $64. Company has no new equity needs and can grow earnings by 7% to 9% and the dividend from 12% to 15%, through 2018, BMO Capital said.
E-House China (EJ) was upgraded to buy at TheStreet Ratings.
Gap (GPS) was upgraded at Janney Montgomery to buy from neutral. Company is a best-in-class operator and the softlines sector is improving, Janney Montgomery said.
PG&E (PCG) was downgraded at Argus to hold from buy. Company was authorized to generate a lower ROE and is facing pending equity dilution, Argus said.
Pericom Semiconductor (PSEM) was upgraded to buy at TheStreet Ratings.
SeaWorld (SEAS) was upgraded at FBR Capital Markets to outperform from market perform. Twelve-month price target is $26. Company is cutting costs and the dividend yield should provide support, FBR Capital Markets said.
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