NEW YORK (TheStreet) -- RATINGS CHANGES
Colony Financial (CLNY) was upgraded at Sterne Agee to buy from neutral. Twelve-month price target is $27. Company is looking to bring the asset management business in house, which could add to earnings, Sterne Agee said.
Watch the video below for more of Wednesday's analysts' actions:Must Read: 10 Stocks Carl Icahn Loves in 2014
Discovery (DISCA) was upgraded at Pivotal Research to buy from hold. Twelve-month price target is $40. Valuation call, as the quarter was not as bad as it appeared, Pivotal Research said.
Discovery was downgraded at Sterne Agee to neutral from buy. Twelve-month price target is $35.50. Estimates were also cut, as domestic advertising growth will likely remain weak, Sterne Agee said.
Domino's Pizza (DPZ) was downgraded at Miller Tabak to hold from buy. Valuation call, based on a 12-month price target of $90, Miller Tabak said.
Estee Lauder (EL) was downgraded at Wells Fargo to market perform. Stock appears fully valued as the company is facing increased competition across the globe, Wells Fargo said.
MDU Resources (MDU) was downgraded at Robert Baird to neutral from outperform. Twelve-month price target is $26. E&P sale clouds the near-term outlook, Baird said.