NEW YORK (TheStreet) -- CHANGE IN RATINGS
Alaska Air was downgraded at Deutsche Bank to hold from buy. $70 price target. Company is facing increased competition in key markets, Deutsche Bank said.
Bristow was upgraded at Howard Weill to outperform from sector perform. $90 price target. Company can deliver double-digit annual earnings growth over the next couple of years, Howard Weill said.
Crown Holdings was downgraded at Wells Fargo to market perform from outperform. European food can business could face headwinds over the next 12 to 18 months, Wells Fargo said.
Cytec was downgraded at Deutsche Bank to hold from buy. $90 price target. Valuation call, as the stock is up 31% over the past year, Deutsche Bank said.
EFuture Information Technology was upgraded to hold at TheStreet Ratings.
Finisar was upgraded at Jefferies to hold from underperform. $22.50 price target. Limited exposure to market environment risk, Jefferies said.
J.C. Penney was downgraded at Sterne Agee to neutral. $9 price target. Recent store checks proved uninspiring, Sterne Agee said.
Jefferson Bancshares was upgraded to buy at TheStreet Ratings.
Masco was downgraded at Keybanc to underweight from hold. $18 price target. Third-quarter trends are likely to slow, Keybanc said.
PHH was downgraded at Sterne Agee to neutral from buy. Valuation call, based on a $26 price target, Sterne Agee said.
RBC Bearings was downgraded at Bank of America/Merrill Lynch to neutral from buy. Valuation call, as the stock is up 26% year to date, BofA/Merrill said. $66 price target.
Towers Watson was initiated with a buy rating at MKM Partners. $140 price target. New health care exchange business should drive growth, MKM Partners said.
Stock Comments / EPS Changes
Capital One Financial numbers were increased at Jefferies. Shares are now seen reaching $80. Estimates were also increased on rising consumer confidence that should drive future growth, Jefferies said. Buy rating.
Salesforce.com price target was boosted at JMP Securities to $62. Major product relaunch should drive near-term growth, JMP Securities said. Outperform rating.
Hewlett-Packard numbers were reduced at BMO Capital Markets. Shares are now seen reaching $24. Estimates were also cut, given downside risk to the company's near-term guidance, BMO Capital Markets said. Market Perform rating.
Las Vegas Sands estimates were boosted through 2015, Bank of America/Merrill Lynch said. Company is gaining market share, BofA/Merrill said. Buy rating and new $76 price target.
Methanex numbers were increased at Jefferies. Shares are now seen reaching $65. Estimates were also increased on lower cost outlook, Jefferies said. Buy rating.
Owens-Illinois was cut from the Priority Stock List at Wells Fargo. Company should be hurt by lower overall consumer spending over the coming quarters, Wells Fargo said.
Tidewater estimates, price target were raised at Credit Suisse. Shares are now seen reaching $64. Estimates were also increased, given higher dayrates across the board, Credit Suisse said. Neutral rating.
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