NEW YORK (TheStreet) -- CHANGE IN RATINGS:
Archer-Daniels-Midland ADM was initiated with an underweight rating at JP Morgan. $28 price target. North American business will likely remain slow, because of poor weather and crops, JP Morgan said.
ALLETE ALE was upgraded at DA Davidson to buy from neutral. Extension of renewable tax credits likely to spur Bison 4, DA Davidson said.
Applied Materials AMAT was downgraded at JP Morgan to underweight. Stock has run, but semiconductor capex demand should see a prolonged trough, JP Morgan said.
Amazon.com AMZN was upgraded at Morgan Stanley from equal-weight to overweight. $325 price target. Company can continue to gain market share over the next several quarters, Morgan Stanley said.
Bank of NY Mellon BK was downgraded at Goldman Sachs from neutral to sell. $22 price target. Company faces multiple earnings headwinds, Goldman said.
Bruker BRKR was upgraded at ISI Group from neutral to buy. $19 price target. Cost-cutting should boost margins, ISI Group said.
Cree CREE was downgraded at Canaccord Genuity to hold from buy. $32 price target. GM expansion from transition of legacy components has largely played out, Canaccord Genuity said.
CommVault Systems CVLT was downgraded at Craig Hallum to hold from buy. $72 price target. Simpana 10 risk reward is now in balance, Craig Hallum said.
Danaher DHR was upgraded at ISI Group from neutral to buy. $64 price target. Company is leveraged to accelerating emerging markets growth, ISI Group said.
Dick's Sporting DKS was upgraded at Janney Montgomery from neutral to buy. Recent share weakness has created an attractive buying opportunity, Janney Montgomery said.
Electronic Arts EA was downgraded at Sterne Agee to neutral from buy. Concerns that Street estimates will prove overly optimistic, Sterne Agee said.
Finish Line FINL was downgraded at Citigroup to neutral from buy. $20 price target. Near-term uncertainty is likely to continue, Citigroup said.
Flower Foods FLO was upgraded at Deutsche Bank from hold to buy. $27 price target. Industry consolidation should help boost profitability, Deutsche said.
Harman HAR was upgraded at Robert Baird from neutral to outperform. $65 price target. Company is at a growth inflection point and and the stock should break out from its trading range, Baird said.
Hess HES was upgraded at Deutsche Bank from hold to buy. $70 price target. Company is leveraged to higher WTI prices and its operations appear to be at an inflection point, Deutsche said.
Henry Schein HSIC was upgraded at ISI Group from underweight to neutral. $84 price target. Company can augment organic growth with acquisitions, and management is buying back stock, ISI said.
Hexcel Corp. HXL was upgraded at Goldman Sachs to buy from neutral. $35 price target. Moving from investment to harvest, Goldman said.
Intel INTC was upgraded at Lazard Capital Markets from neutral to buy. $26 price target. Margins should bottom in the first quarter, and ultrabooks should drive growth for the remainder of the year, Lazard Capital Markets said.
Intel was downgraded at Drexel Hamilton from hold to sell. $18 price target. Estimates were also cut, as higher mobile sales are cutting into ultrabook demand, Drexel Hamilton said.
International Game Technology IGT was upgraded to buy at TheStreet Ratings.
Intrepid Potash IPI was downgraded at Keybanc from buy to hold. Estimates were also cut, as lower product pricing will likely weigh on earnings, Keybanc said.
Lowe's LOW was downgraded at Canaccord Genuity from hold to sell. $27 price target. Recent management changes and store improvements do not appear to be taking hold, Canaccord Genuity said.
Marathon Oil MRO was upgraded to buy at TheStreet Ratings.
Mettler-Toledo MTD was upgraded at Bank of America/Merrill Lynch to buy from neutral. $220 price target. Well-positioned for global recovery, BofA/Merrill said.
O'Reilly Automotive ORLY was downgraded at Piper Jaffray from overweight to neutral. $85 price target. Industry growth headwinds are building, Piper Jaffray said.
Rexnord RXN was downgraded at Deutsche Bank from hold to sell. Valuation call, based on a $21 price target, Deutsche said.
SolarCity SCTY was initiated with a buy rating at Goldman Sachs. $18 price target. Downstream pure play with scale and financing, Goldman said.
Southwestern Energy SWN was downgraded at Dahlman Rose from buy to hold. Valuation call, as the stock outperformed its peers by 40% in 2012, Dahlman Rose said.
Walgreen WAG was upgraded at Jefferies to buy from hold. $47 price target. Purchasing synergies materializing, Jefferies said.
Weatherford WFT was upgraded at Guggenheim from neutral to buy. $18 price target. Estimates also boosted as the company is cutting costs, Guggenheim said.
Watts Water WTS was downgraded at Brean Capital from buy to hold. Valuation call, based on a $42 price target, Brean said.
Yahoo! YHOO was downgraded at Bernstein from outperform to market perform. Valuation call, based on a $23 price target, Bernstein said.
Stock Comments / EPS Changes
Citigroup C was added to the Priority Stock List at Wells Fargo. Estimates were also boosted, as the company is cutting costs, Wells Fargo said. Outperform rating.
Clean Harbors CLH estimates were raised at Oppenheimer through 2014. Safety-Kleen acquisition closed, Oppenheimer said. Perform rating.
Family Dollar FDO numbers were lowered at Jefferies. Shares are now seen reaching $57. Estimates were also lowered on lower margin mix, Jefferies said. Hold rating.
Family Dollar numbers were lowered at BMO Capital Markets. Shares are now seen reaching $59. Estimates were also lowered on missed quarter. Market perform rating.
Kimberly-Clark KMB numbers were cut at BMO Capital. Shares are now seen reaching $79. Estimates were also reduced, given higher expected global tissue capacity, BMO Capital said. Market Perform rating.
Micron Technology MU was added to Top Picks Live! at Citigroup. $10 price target. Positively disposed to the direction of DRAM prices, Citi said.
Vivus VVUS was added to US 1 List at Bank of America/Merrill Lynch. $30 price target. Retail distribution approval should boost Qsymia sales, BofA/Merrill said.
>To submit a news tip, email: firstname.lastname@example.org.
READERS ALSO LIKE:
- Cramer: Why Some Unloved Stocks Are Rising
- 10 Iconic American Products Still Made Here
- Jim Cramer's 10 Lucrative Themes for 2013