Analysts' Actions: Groupon, Northrop Grumman, Progressive, Pulte

NEW YORK (TheStreet) -- RATINGS CHANGES

American Public Education (APEI) was downgraded to hold at TheStreet Ratings.

CDI (CDI) was upgraded to buy at TheStreet Ratings.

Groupon (GRPN) was upgraded at RBC Capital to sector perform from underperform. Twelve-month price target is $6. Risk/reward is more even at current levels, RBC Capital said.

Northrop Grumman (NOC) was upgraded at RBC Capital to outperform from sector perform. Twelve-month price target is $148. Worst of the budget problems appear to be behind the company, which can expand margins, RBC Capital said.

Progressive (PGR) was upgraded at Goldman Sachs to buy. Personal insurers should outperform in the near term, Goldman said. Twelve-month price target is $28.

PulteGroup (PHM) was downgraded at FBR Capital Markets to market perform from outperform. Valuation call, based on a $22 price target, FBR Capital Markets said.

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This article was written by a staff member of TheStreet.

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