NEW YORK (TheStreet) -- RATINGS CHANGES
Apple (AAPL - Get Report) was upgraded to buy from hold by Societe Generale, which set a $140 price target, saying the company is seeing higher iPhone demand and will likely report another record quarter.
Brocade Communications (BRCM) was downgraded to neutral by RBC Capital, which set a $12 price target, saying the company is seeing lower demand and may have to spend more to increase growth.
Centene (CNC - Get Report) was upgraded to outperform from market perform by FBR Capital Markets, which set a $90 price target, saying the purchase of Health Net (HNT) adds significantly to the business.
Palo Alto Networks (PANW - Get Report) was started at overweight by JPMorgan, which set a $216 price target, saying the company has the potential to do what no other security vendor has done -- to increase revenue faster than 30% per year for more than five years in a row.