NEW YORK (TheStreet) -- RATINGS CHANGES
American Express (AXP - Get Report) was upgraded to buy from hold at Deutsche Bank. $90 12-month price target. The company should be able to restore earnings power sooner than expected, Deutsche Bank said.
Cablevision (CVC) was downgraded to sell from hold at Brean Capital. $13 12-month price target. Company is facing increased competition, Brean Capital said.
DineEquity (DIN - Get Report) was downgraded to neutral from overweight at J.P. Morgan. $116 12-month price target. This was a valuation call, as the stock is up 40% over the past year, J.P. Morgan said.
Pall (PLL) was downgraded to neutral at Bank of America/Merrill Lynch. This was a valuation call, based on a $108 12-month price target, said BofA/Merrill.
Vulcan Materials (VMC - Get Report) was upgraded to outperform from sector perform at RBC Capital. $93 12-month price target. The company is a market leader that's in the early stages of a multi-year recovery, RBC said.
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